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Tuesday, Oct 8, 2024
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Ingram Micro Files to Go Public

$48B in 2023 sales

Irvine-based electronics and technology distribution colossus Ingram Micro Inc. said today it had filed for an IPO with the Securities and Exchange Commission.

“The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size, price or other terms of the offering,” the company told the SEC in a filing today. The size of the offering was not specified.

Ingram Micro intends to list its Common Stock on the New York Stock Exchange under the ticker symbol “INGM.”

Ingram Micro in 2021 was bought by Platinum Equity for $7.2 billion.

The company, with more than 24,000 employees,  reported 2023 net sales of $48 billion. It has made 40-plus acquisitions since 2012, according to the regulatory filing.

For further details, see the Oct. 7 edition of the Business Journal.

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Kevin Costelloe
Kevin Costelloe
Tech reporter at Orange County Business Journal
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