Platinum Equity Seeks IPO for Ingram Micro
Platinum Equity's Ingram Micro Targets up to $5.4 Billion Valuation in US IPO
Ingram is offering 11.6 million shares and parent Platinum Equity is selling 7 million shares priced between $20 and $23 each to raise up to $427.8 million. "Private equity firms are capitalizing on favorable market conditions, strong demand and the opportunity to monetize their investments," IPOX CEO Josef Schuster said.
Platinum Equity Seeks IPO for Ingram Micro at More Than $5 Billion Market Cap
The private-equity firm acquired Ingram Micro in 2021 and joins a clutch of PE firms aiming for IPO exits this year.
Platinum Equity-Backed Ingram Micro Targets $428 Million IPO
Ingram Micro Holding Corp. and backer Platinum Equity plan to raise as much as $427.8 million in an initial public offering as companies push to go public before next month’s US elections.
Platinum Equity's Ingram Micro seeks up to $5.4 bln valuation in US IPO
Platinum Equity's Ingram Micro seeks up to $5.4 bln valuation in US IPO (Reuters) - Ingram Micro is targeting a valuation of as much as $5.42 billion in its initial public offering in the United States, the private equity-backed technology products distributor said on Tuesday.
Platinum Equity's Ingram Micro targets up to $5.4 bln valuation in US IPO
Products purchased from iPhone maker Apple, personal computer maker HP and network giant Cisco generate a sizeable portion of Ingram's net sales.
Platinum Equity's Ingram Micro seeks up to $5.4 billion valuation in US IPO
(Reuters) -Ingram Micro is targeting a valuation of up to $5.42 billion in its U.S. initial public offering, the technology products distributor said on Tuesday, underscoring a resurgence in ...
Ingram Micro could be worth more than $5 billion in return to public markets
Ingram Micro has set terms for its initial public offering, as the profitable California-based information-technology company is returning to the public market with a valuation could be move than $5 billion.
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Private equity groups’ assets struggling under hefty debt loads, Moody’s says
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Firms owned by PE more likely to default, says Moody's
Private equity-backed companies tend to have more debt and lower credit ratings than their peers, contributing to the higher ...