HD Supply, a PE-backed industrial products distributor, has priced its initial public offering at $18 per share and gone public. The company's shares now trade on the NASDAQ under the symbol HDS. The $18 price point is below the company's expected price range of $22 to $25. HD Supply distributes a range of products and services to about 500,000 professional customers in the maintenance, repair & operations, infrastructure & power and specialty construction sectors. Bain Capital, The Carlyle Group and Clayton, Dubilier & Rice acquired the company from Home Depot (NYSE: HD) for $8.5 billion in 2007. HDS shares closed at $18.66 on their first day of trading.