Ingram Micro Launches $330M Secondary Offering
Ingram Micro announced that Ingram Holdco, an affiliate of Platinum Equity, has commenced a secondary offering of $330M of its common stock, pursuant to an automatic shelf registration statement filed with the SEC. The selling stockholder will receive all of the net proceeds from the offering. The company is not offering any shares of its common stock in the offering and will not receive any of the proceeds from the sale of the shares offered by the selling stockholder. Morgan Stanley & Co., Goldman Sachs & Co. and J.P. Morgan Securities are acting as the representatives to the several underwriters and joint bookrunning managers for the offering.
