Financial close automation software provider BlackLine has filed for an initial public offering, hoping to raise $100 million.

Reuters reported that the IPO could value the company at up to $1 billion.

According to the company’s filing with the U.S. Securities and Exchange Commission, IPO underwriters include Goldman Sachs, J.P. Morgan, Raymond James, William Blair and Baird.

The SEC filing also stated that private equity firm Silver Lake, which invested more than $200 million in BlackLine in 2013, owns a 47 percent stake in the company. Silver Lake, along with Iconiq Capital, Blackline founder and CEO Therese Tucker, and chief strategy officer Mario Spanicciati, are principal stockholders in the company.

BlackLine plans to list on Nasdaq under the symbol BL.

 

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