Petco Said to Work With Goldman Sachs, BofA, JPMorgan on IPO

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Petco Animal Supplies Inc. has picked banks to help it go public, people with knowledge of the matter said.

The pet-supplies retailer backed by TPG and Leonard Green & Partners is working with Goldman Sachs Group Inc., Bank of America Corp. and JPMorgan Chase & Co. on an initial public offering, said the people, who asked not to be identified discussing private information. Credit Suisse Group AG, Morgan Stanley, Deutsche Bank AG and Wells Fargo & Co. will also manage the offering, the people said.