The deal valued the company at more than €1bn, according to French newspaper Les Echos.
Swedish private equity firm Nordic Capital also expressed interest in the asset, sources told Les Echoes.
Last month it was reported that Cinven appointed an advisor to sell Sebia within the next few weeks.
Cinven paid about €800m for Sebia in 2010 through a buyout from UK private equity firm Montagu, which netted a three-times return through the sale.
At that time, it was also reported that IK Investment Partners invited Cinven and its peers Blackstone, Permira, CVC Capital and Onex Corp to bid for its portfolio company Minimax.
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