The chief executive of Transact has confirmed the company is preparing itself for flotation.
Ian Taylor told Financial Planner Online that a flotation is the most likely route the company will take in future but has stressed there is no timetable in place for such a move.
The platform has recently written to shareholders and an initial public offering was one of the items mentioned in the letter, Mr Taylor, said.

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He said: "The company is preparing itself for a flotation. There's no date, no timetable in place, but that's the most likely out come for us in future.
"We are always looking, any options are not ruled out but the most likely outcome is a flotation."
He emphasised that nothing is planned or likely to occur in the immediate future, despite media speculation.
"It's not as though anything dramatic has happened," he said, regarding a spike in media attention this week.
The company, an IFP corporate member, is concentrating on matters relating to the imminent pension reforms, which will be taking effect in April.
He said the new pension rules would be "another boost for the platform industry", with platforms able to aid with the added complexities surrounding the extra flexibility for retirees.
Transact reported managing more than £17 billion in over 115,000 portfolios as of December.
The wrap service, which launched in the UK in 2000, used technology and systems already developed and pioneered in Australia, where wraps were originally developed.  

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