West Technology Group, a diversified communication services company backed by Apollo Global Management [NYSE:APO], is collecting initial bids this week for the sale of its TeleVox Software division, according to three sources familiar with the matter.

Confidential information memorandum (CIMs) materials were sent out to a broad pool of potential bidders in January, according to the sources.

Last month, this news service reported that West Technology Group was exploring a sale of the TeleVox asset alongside Goldman Sachs and RBC.

TeleVox generates around USD 80m of EBITDA and around USD 130m in revenue, as reported. One of the sources said West Technology is aiming to fetch…