Silver Lake-Backed Relativity Confidentially Files for US IPO

Legal data firm Relativity said Thursday that it has confidentially filed for an initial public offering after a choppy start to the year for newly-listed companies.

The Silver Lake-backed company joins those that may test investor interest as bankers prepare for what could be a banner year for new stock sales, potentially headlined by Elon Musk’s SpaceX. The number of shares to be offered as well as the price range for Relativity’s proposed IPO have not yet been determined, according to a statement.

Chicago-based Relativity is working with Goldman Sachs Group Inc., JPMorgan Chase & Co. ...