Business
Business

HD Supply files to go public

By Arielle Kass
April 15, 2013

HD Supply Holdings, a company spun off from Home Depot in 2007, filed forms late last week with the U.S. Securities and Exchange Commission to take the company public.

The now-private company would use the proceeds to repay or otherwise acquire HD Supply’s debt. HD Supply is an industrial distributor owned by three private equity firms: The Carlyle Group, Bain Capital and Clayton, Dubilier & Rice.

Home Depot owns about 12.5 percent of HD Supply’s common stock. It cost about $8.5 billion to take the company private. The offering is expected to raise $1 billion.

HD Supply, which reported earnings Friday, lost $713 million in the fourth quarter of 2012.

The company reported debt of $6.4 billion, up 17 percent from the same quarter a year ago. HD Supply has carried a heavy debt load since it was purchased by the private equity owners.

About the Author

Arielle Kass covers Gwinnett County for The Atlanta Journal-Constitution. She started at the paper in 2010, and has covered business and local government beats around metro Atlanta. Arielle is a graduate of Emory University.

More Stories

Keep Reading

2026 Board Chair Rich McKay delivered his remarks on stage at the Metro Atlanta Chamber’s annual meeting, held at the College Football Hall of Fame in Atlanta on Thursday, Nov. 13, 2025. (Miguel Martinez/AJC)

Credit: Miguel Martinez-Jimenez

Goal in sight for Atlanta as World Cup presents ‘generational opportunity’

World Cup preparation was the central focus of the Metro Atlanta Chamber’s annual meeting Thursday morning at the College Football Hall of Fame in downtown Atlanta.

2h ago

Atlanta area home prices fell in October with steep declines in some places

Metro Atlanta's median sales prices dropped in October as more inventory is on the market.

This Atlanta startup helps restaurants accept payments. It just raised $21M.

Sunday, a digital payment platform for restaurants, is looking to expand across the U.S. with its latest funding.

The Latest

Automatic emergency braking, lane-keeping assist, blind-spot monitoring, and adaptive cruise control were once luxury options. Now, these Advanced Driver-Assistance Systems, also known as ADAS, are commonplace in newer vehicles, working so smoothly that many of us rely on them without a second thought. Photo courtesy of iStock.

Credit: SPECIAL

Why your car’s safety tech needs maintenance, too

OPINION

Saying goodbye to the Porsche 718 Cayman — for now

OPINION

2026 Nissan Leaf: Simple to live with and priced right

Featured

University of Georgia students are seen entering and leaving the main Library on the Athens campus on Monday, Sept. 8, 2025. (Miguel Martinez/AJC)

Credit: Miguel Martinez-Jimenez

UGA to pay $100K H-1B visa fee only ‘in exceptional circumstances’

The University of Georgia could soon limit the number of foreign workers it employs, a result of the $100,000 fee imposed on some H-1B visas.

Georgia judges deal blow to ICE’s new mandatory detention policy

The ruling is a first-of-its-kind to come out of Georgia’s Middle District.

At the Cobb jail, a new kind of rehabilitation starts at the horse barn

Joshua Arp is one of two Cobb County jail detainees taking part of the sheriff’s office new equine therapy program meant to help him stay out of jail.