By Milana Vinn

NEW YORK -Private equity firm Thoma Bravo plans to sell its school safety software provider Raptor Technologies, which could value the company at more than $2 billion, according to people familiar with the matter.

Thoma Bravo, with a portfolio of more than 70 software companies, has tapped investment bankers at JPMorgan to advise Raptor on the sale process, which is expected to launch later this year, said the people who requested anonymity to discuss the private talks.

Thoma Bravo, JPMorgan, and Raptor declined to comment.

Houston-based Raptor Technologies provides a suite of safety software solutions for K-12 schools that include crisis prevention, preparation for emergency response and recovery, and safe student movement management.

Raptor is used by 60,000 schools i

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