Bain Capital has increased its offer for SoftwareOne Holding AG to about 3.2 billion Swiss francs ($3.72 billion), Bloomberg News reported on Thursday, citing people with knowledge of the matter. The private equity firm has tabled a new proposal of around 20 francs per share for the Swiss software management company, the report said. SoftwareOne and Bain Capital declined to comment on the report. The reported new offer is at a premium of 43.6% from SoftwareOne's last close on May 31, when Bain first presented an offer to the Swiss firm valuing it at $3.

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