According to a report from Reuters, technology products retailer CDW is preparing for an initial public offering (IPO) later this year.
Reuters reports that CDW has hired banks in preparation for an IPO that could raise around US$750 million. CDW did not respond to a request for comment from Reuters.
The company went private in 2007 in a deal worth US$7.3 billion. CDW is a US$10.1 billion company with 6,800 employees in the U.S. and Canada.
CDW is a key player in the Canadian channel through its wholly-owned subsidiary, CDW Canada under the leadership of Mary Anne Yule, one of CDN’s Top Women in the IT Channel. It was designated a FlexPod premium partner by Cisco and NetApp earlier this year, and reached No. 3 on CDN’s 2012 list of the Top 100 Solution Providers in Canada.