Compuware Corp. has attracted buyout interest from private-equity funds including Apax Partners LLP and Hellman & Friedman LLC, according to people familiar with the situation.

The Detroit-based software company, which rejected a $2.3 billion takeover offer from Elliott Management Corp. in January, also gave management presentations last week to other potential bidders, including Thoma Bravo LLC and Golden Gate Capital Corp., said the people, who declined to be identified because the talks are private. The first round of bids is due in two weeks, the people said.

Elliott has said new owners could do a better job unlocking the company’s value, citing the attractiveness of assets, such as mainframe software, collaboration technology, project- management tools and performance-management services for cloud and mobile applications. Compuware’s “execution, profitability and growth have meaningfully underperformed” under the existing management, Elliott said when making its offer.

The process is at early stages and a deal might not materialize, the people said.

Eric Kushner, a spokesman for Compuware, declined to comment. Representatives from Apax Partners, Hellman & Friedman, Thoma Bravo and Golden Gate Capital declined to comment.

Bob Paul, chief executive officer of Compuware, said Elliott Management’s offer of $11 a share significantly undervalued the company, according to a Jan. 25 statement.

In aftermarket trading Monday, Compuware shares traded up 4.7 percent at $12.20, after finishing little changed in regular trading.

Compuware hired Goldman Sachs Group Inc. and Allen & Co. to review the bid after Elliott made its offer on Dec. 17. The New York-based hedge fund had an 8.72 percent stake in the Compuware as of Feb. 14, according to data compiled by Bloomberg.

Compuware, which gained more than 20 percent since Elliott made its offer public, has an enterprise value of $2.48 billion, according to data compiled by Bloomberg.

Reuters previously reported interest from Golden Gate.