TA Associates Said to Weigh IPO of Czech Payments Firm Eurowag

TA Associates is weighing an initial public offering of Eurowag, a payments provider for the European freight industry, according to people familiar with the matter.

The U.S. private equity firm is working with Rothschild & Co. on plans to list the business this year, the people said, asking not to be identified discussing confidential information. Prague-based Eurowag could be valued at about 2 billion euros ($2.4 billion) in any IPO, the people said.

Deliberations are ongoing and no final decision on the size or timing of any listing have been made, according to the people. Representatives for Rothschild and TA ...