Reuters first to report Bain Capital-owned Brillio hires banks for IPO

Reuters was first to report that private equity firm Bain Capital has kicked off preparations to list digital consulting firm Brillio on the U.S. stock market early next year. Brillio has hired investment banks Goldman Sachs and JPMorgan Chase to help it prepare for an IPO. The company could seek a valuation including debt of $3 billion or more at the time of the IPO.