By Olivia Oran and Greg Roumeliotis
(Reuters) - Emergency Medical Services Corp, the largest U.S. provider of ambulance services, has selected underwriters for a $750 million initial public offering, two people familiar with the matter said on Wednesday.
The Greenwood Village, Colorado-based company, backed by private equity firm Clayton, Dubilier & Rice LLC, has selected Goldman Sachs Group Inc
The people declined to be identified because the information is not public.
Clayton, Dubilier & Rice declined to comment. Goldman Sachs, Bank of America, Barclays and Emergency Medical Services could not be immediately reached for comment.
Private equity firms in recent months have been aggressively trying to exit their portfolio companies as the U.S. equity markets have rebounded. Companies which have recently gone public including SeaWorld Entertainment Inc
A deal would bring EMSC back to the stock market just two years after it was taken private. Clayton, Dubilier & Rice acquired EMSC in 2011 for $2.9 billion. It also assumed $300 million of the company's debt.
EMSC was founded in 2005 when Canadian private equity firm Onex Corp
EMSC reported adjusted earnings before interest, tax depreciation and amortization of $404.7 million in 2012, up from $345.4 million in 2011.
(Reporting by Olivia Oran and Greg Roumeliotis in New York; Editing by Phil Berlowitz)