Ingram Micro prices secondary offering at $22.25 per share

Ingram Micro Holding Corporation (NYSE: INGM) announced the pricing of a secondary public offering of 8,988,764 shares of common stock at $22.25 per share by its principal stockholder, Ingram Holdco, LLC, an affiliate of Platinum Equity, LLC.

The selling stockholder granted underwriters a 30-day option to purchase up to an additional 1,348,314 shares at the same public offering price, less underwriting discounts and commissions. The company will not offer any shares in this offering and will not receive proceeds from the sale.

Ingram Micro has a separate share repurchase agreement with the selling stockholder to buy back $75 million worth of common stock at the same net price paid by underwriters. The company expects to fund this repurchase with cash on hand. The share repurchase is expected to settle on or about March 9, 2026, contingent on the closing of the offering.

Morgan Stanley, Goldman Sachs, and J.P. Morgan Securities serve as representatives to the underwriters and joint bookrunning managers. BofA Securities, Deutsche Bank Securities, Evercore ISI, Jefferies, and RBC Capital Markets act as bookrunners. Additional co-managers include BNP Paribas, Guggenheim Securities, Raymond James, Rothschild & Co, Stifel, William Blair, Fifth Third Securities, and Loop Capital Markets.

The offering is expected to close on or about March 9, 2026, subject to customary closing conditions. The sale is conducted through a shelf registration statement filed with the Securities and Exchange Commission.

Ingram Micro operates as a technology company serving the global information technology ecosystem, offering products and services from technology manufacturers and cloud providers to business-to-business technology experts.

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