BackOffice Associates in Talks With Goldman Sachs for an IPO

BackOffice Associates LLC, a provider of data management software and services, is talking to bankers about an initial public offering, Chief Executive Officer David Booth said.

Goldman Sachs Group Inc., an investor in the South Harwich, Massachusetts-based company, is among banks discussing an IPO, Booth said in an interview. BackOffice hasn’t determined the size or price, though Booth said the company might sell more than a 10 to 15 percent stake. Proceeds would fund acquisitions and expansion outside the U.S.