Reuters: IPOX® CEO Josef Schuster on Ingram Micro’s $5.4 Billion IPO
In a recent Reuters article, IPOX® CEO Dr. Josef Schuster highlighted the strategic timing behind Ingram Micro's return to the U.S. stock market, as the global technology distributor seeks a valuation of up to $5.42 billion. Schuster emphasized that private equity firms, like Ingram's backer Platinum Equity, are capitalizing on favorable market conditions, strong demand, and the opportunity to monetize their investments. He pointed out that the current environment is ideal for such listings, especially ahead of potential economic or political uncertainties due to upcoming U.S. elections.
Schuster noted that the success of recent private equity-backed IPOs, such as StandardAero and KinderCare Learning, reflects growing investor confidence. He believes Ingram Micro’s public offering is a strategic move to take advantage of these trends, allowing private equity owners to exit with strong returns.
Ingram Micro’s IPO, led by Morgan Stanley, Goldman Sachs, and J.P. Morgan, will help the company raise up to $428 million, with Platinum Equity retaining a 90.8% stake post-IPO.
