Technology products retailer CDW, which was taken private by Madison Dearborn Partners LLC and Providence Equity Partners for$7.3 billion in 2007, has hired banks for an initial public offering later this year, people familiar with the matter said.
CDW, which sells products from companies including Apple, Hewlett-Packard and International Business Machines online and through its catalog, has hired JPMorgan Chase & Co, Barclays PLC and Goldman Sachs Group to lead the offering, the people said on Thursday.
The proposed IPO could raise about $750 million, one of the people said, asking not to be named because the plan is not public.
CDW and Goldman Sachs did not immediately respond to requests for comment. Barclays, JPMorgan, Providence and Madison Dearborn declined comment.
(Reporting By Olivia Oran and Soyoung Kim in New York; Editing by Gary Hill)