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

 

 

 

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