Made Tech aims to join the rush for stock market floats

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A technology services company that works across the public sector and counts the Ministry of Justice as a client is planning a flotation that could value it about £200 million.

The London listing of Made Tech is likely to deliver a multimillion-pound payout for Rory MacDonald, the chief executive who owns a big stake in the business and is expected to sell part of his holding in the initial public offering on Aim, the junior stock market.

Bankers from Singer Capital Markets and Berenberg have been hired to handle the flotation this month, according to City sources.

Companies ranging from Dr Martens, the bootmaker, to Bridgepoint, the private equity firm, have gone public in recent months, taking advantage of buoyant markets as the

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