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What company makes the credit card in your wallet? CPI Card Group files for a $100 million IPO

August 7, 2015
CPIC.RC

CPI Card Group, the largest US provider of plastic credit and debit cards, filed on Friday with the SEC to raise up to $100 million in an initial public offering.

The company plans to dual list on the Nasdaq and Toronto Stock Exchange.

The Littleton, CO-based company was founded in 1983 and booked $296 million in sales for the 12 months ended March 31, 2015. BMO Capital Markets, Goldman Sachs and CIBC are the joint bookrunners on the deal. No pricing terms were disclosed.