Electronics distributor Ingram Micro Inc. said it has “confidentially” filed for a U.S. initial public offering.
“The number of shares to be offered and the price range for the proposed offering have not yet been determined. The initial public offering is expected to take place after the SEC completes its review process, subject to market and other conditions,” Ingram Micro said in a statement yesterday.
The Irvine-based company was valued at about $7.2 billion last year when private equity firm Platinum Equity bought it. Ingram sold its commerce and lifecycle services business to French shipping company CMA CGM Group for $3 billion.