Deals
Platinum Equity-Backed Tech Firm Ingram Micro Files for IPO
- Listing could raise more than $1 billion, Bloomberg reported
- Companies moving forward with US IPOs ahead of election
Ingram Micro offers technology, hardware and services, and its own digital platform.
Photographer: Tripplaar Kristoffer/Sipa/AP PhotoPlatinum Equity-backed technology company Ingram Micro Holding Corp. filed for an initial public offering, as companies rush to make their public debuts ahead of the US presidential election in November.
Irvine, California-based Ingram Micro disclosed net income of $104 million on net sales of $22.9 billion in the 26 weeks ended June 29, versus $129 million in net income on net sales of $23.1 billion in the same period a year earlier, according to its filing with the US Securities and Exchange Commission on Monday.