Private equity-backed payments processing technology company Mercury Payment Systems is looking to raise $100m via an IPO.
Mercury, which is backed by buyout house Silver Lake, will trade on the Nasdaq exchange under the symbol MPS, according to a document filed with the US Securities and Exchange Commission.
The Durango, Colorado-based company did not say how many shares it planned to float and at what price.
Silver Lake currently holds a 63 per cent stake in Mercury, while the rest is owned by its founders.
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