Silver Lake-Backed Relativity Said to Tap Banks for US IPO

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000US Stocks:Relativity, a legal data firm backed by Silver Lake, has picked banks to help arrange for an initial public offering, according to people familiar with the matter.The Chicago-based company is working with Goldman Sachs Group Inc., JPMorgan Chase & Co., and Barclays Plc targeting a first-time share sale that would value the company at around $4 billion and that could take place as soon as the first half of this year, the people said. An IPO could raise about $750 million, one of the people said.