Clayton, a provider of a suite of outsourced services, information-based analytics and specialty consulting on mortgage-related loans and securities and other debt instruments, registered for an initial public offering Monday evening. The Shelton, CT-based company generated $190 million in revenue with an operating margin of 10.8% for the 12-month period ended June 2005. William Blair and Piper Jaffray head the list of underwriters on the deal. Terms and timing have yet to be announced.
