(Adds Barclays' comment)
By Nicola Leske, Greg Roumeliotis and Soyoung Kim
NEW YORK, May 6 (Reuters) - Information technologyconsulting company Presidio Inc has tapped Barclays Plc and Credit Suisse Group AG to explore an initialpublic offering or a sale that could value the company at closeto $1.5 billion, several people familiar with the matter said.
Founded in 2003, the Greenbelt, Maryland-based companydeploys and manages technology for customers ranging fromretailers to hospitals, by partnering with companies such asCisco Systems, EMC, Microsoft andVMware.
Presidio, which competes with Computer Sciences Corporation and Insight Enterprises Inc, among others, isexpected to reach revenues of $2.3 billion and earnings beforeinterest, tax, depreciation and amortization of around $180million this year, according to one of the people familiar withthe matter.
All the sources asked not to be named because the matter isnot public. The company, Credit Suisse and Barclays declined tocomment.
Presidio is owned by private equity firm AmericanSecurities. (Reporting by Nicola Leske, Greg Roumeliotis and Soyoung Kim inNew York; Editing by Prudence Crowther and Dan Grebler)
Barclays (BARC)