HD Supply may go public, report says

HD Supply, the chain Home Depot formerly owned in an attempt to focus specifically on builders, may soon go public, Reuters reported Tuesday.

The news service said the private equity owners of Atlanta-based HD Supply were in preparations for an initial public offering or IPO, but did not specify a date for the move. Reuters said the company’s owners - Bain Capital, Carlyle Group and Clayton, Dubilier & Rice — are planning to talk to investment banks to find underwriters for the IPO.

Spokeswomen for HD Supply and Home Depot declined to comment. Home Depot, which sold the company in 2007, still has a 12.5 percent stake in the business.