Ingram Micro prices 12.7 million share secondary offering at $26 each

Ingram Micro Holding Corporation announced the pricing of a secondary public offering by its principal stockholder, Ingram Holdco LLC, an affiliate of Platinum Equity LLC. The offering consists of 12,740,384 shares of common stock priced at $26.00 per share.

The selling stockholder granted underwriters a 30-day option to purchase up to an additional 1,730,769 shares at the public offering price, minus underwriting discounts and commissions. Ingram Micro (NYSE: INGM) is not offering any shares and will not receive proceeds from the sale.

The company authorized a concurrent share repurchase of $30 million worth of stock from the underwriters at the same price per share. The underwriters will not receive compensation for this repurchase, which Ingram Micro plans to fund with cash on hand.

Morgan Stanley, Goldman Sachs and J.P. Morgan Securities serve as joint bookrunning managers and underwriter representatives. Additional bookrunners include BofA Securities, Deutsche Bank Securities, Evercore ISI, Jefferies, RBC Capital Markets, Fifth Third Securities and Mizuho.

The offering is expected to close on or about May 7, 2026, subject to customary closing conditions. The sale is being conducted through an automatic shelf registration statement filed with the Securities and Exchange Commission.

While the share repurchase depends on the offering's completion, the offering itself is not conditional on the repurchase closing. All net proceeds from the secondary offering will go to the selling stockholder.

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