Bain Capital, LP is in advanced talks to buy VXI Global Solutions, LLC from The Carlyle Group Inc. (NasdaqGS:CG), people familiar with the matter said, five years after selling its stake in the business to its private equity rival. Bain is in the final stages of conducting due diligence on VXI and firming up details of a potential deal, the people said, asking not to be identified because the information is private. Bain has emerged as the likeliest buyer for the business after outbidding other buyout firms and industry players, the people said. The company, which could be valued at $1.5 billion to $2 billion in a sale, had drawn interest from buyout firms including Bain Capital and Baring Private Equity Asia, Bloomberg News reported in December 2021. Deliberations are ongoing and talks could still fall apart, the people said. Representatives for Bain and Carlyle declined to comment.