Bain Capital, Carlyle Group and Clayton, Dubilier & Rice are expected to interview investment banks next week to select underwriters for the proposed initial public offering, three people familiar with the matter said. 

HD Supply is one of the largest distributors of construction, industrial and maintenance supplies in North America and the IPO would be the latest attempt to capitalize on the rebound in the U.S. housing sector, which was hit hard by the turmoil in the U.S. credit market in late 2007.