LAS VEGAS — Fifth Third Processing Solutions LLC is considering several expansion strategies.

The Cincinnati processor hopes to double in size over the next five to 10 years, Chris Pike, a managing director at the Boston investment firm Advent International Corp., said Tuesday in an interview at the Electronic Transactions Association conference in Las Vegas. Fifth Third Processing is a joint venture that was formed in July when Fifth Third Bancorp sold a 51% stake in its merchant processing unit to Advent.

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