Dealogic Readies IPO for May

VENDOR UPDATE

LONDON--Dealogic, a U.K.-based vendor of capital markets technology, announced that it will list on London’s Alternative Investment Market (AIM) next month in a deal that is expected to value the firm at £180 million ($322.4 million).

Cazenove is acting as principal advisor for the deal.

The company, founded in 1983, employs 300 people from offices in London, New York, Tokyo and Hong Kong, and claims some 600 customers. Revenue for last year was $50.7 million with a profit before tax of $21.1

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