Advent-backed Cotiviti files for IPO

Cotiviti Holdings Inc., a healthcare payments processing firm backed by Advent International Corp., filed for an IPO.

In a regulatory filing on 29 April 2016, the company used a placeholder of $100m, an amount used to calculate fees that would change.

Goldman Sachs Group Inc. and JPMorgan Chase & Co. are leading the offering, according to the prospectus.

The IPO could value the company at $3bn, according to sources involved.

Source: Bloomberg





Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s