Buyout major Carlyle is reportedly considering floating CommScope less than three years after acquiring the telecommunications equipment provider in a $3.9bn take-private deal.
Carlyle is in talks with investment banks about listing the business as soon as this year depending on market conditions, said Reuters.
The firm has not yet hired underwriters for the IPO, said the sources.
CommScope is expected to post average annual revenue growth of two to four per cent over the next several years, according to Moody’s. In the fiscal year to end March 2013, the company posted revenues of $3bn.
Earlier this week Carlyle sold a minority stake in Famous Brands International to fellow private equity firm Z Capital Partners.
Carlyle has recently raised €350m for its latest collateralised loan obligation fund.
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