Ingram Micro Holding Corp. (Ticker: INGM) is a global technology distributor that provides products and services from over 1,500 vendors to more than 161,000 clients across 57 countries. The company distributes a wide range of technology products, including smartphones, computers, and cloud-based solutions.
Ingram Micro will list on the NYSE on October 24, 2024. The company is offering 18.6 million shares at a price range of $20.00 to $23.00, aiming to raise approximately $399.9 million. The expected market capitalization at offer is $5.06 billion. The offering is managed by Morgan Stanley, Goldman Sachs, and J.P. Morgan, among others. Platinum Equity, the majority shareholder, will retain a 90.8% stake post-IPO.
IPOX® CEO Josef Schuster was interviewed by Reuters on the IPO (Read Here).