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Handy Said Raising Funds Seeking Value at $500 Million

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Handy Technologies Inc. may soon polish off a new round of funding.

The provider of on-demand services such as housekeeping and plumbing is in talks to raise up to $50 million at a valuation of as much as $500 million, people with knowledge of the matter said. The company is working with Credit Suisse Group AG on the financing, said the people, who asked not to be identified because the information is private.