Ingram Micro files for NYSE IPO under 'INGM' to reduce $1.16B debt and expand operations.

Ingram Micro, an electronics distributor backed by Platinum Equity, has filed for an Initial Public Offering (IPO) on the New York Stock Exchange under the ticker 'INGM'. This move aims to alleviate part of its $1.16 billion debt and comes after a previous IPO attempt in September 2022. The company reported $48 billion in net sales for 2023 and operates in 57 countries, serving over 161,000 customers. Specific terms of the IPO remain undisclosed.