What They Say
Channelweb reports that Ingram Micro is to go public with an IPO after the firm filed a statement with the US SEC. It’s just a year since Ingram was acquired by a private equity firm from HNA group of China which had bought the firm in 2016.
Ingram was the largest technology distributor globally until the merger of Tech Data and Synnex in 2021 (Tech Data and Synnex topple Ingram with $7.2bn merger).
What We Think
I’m not sure how much this will impact the firms, although in the lead up to IPOs, owners often try to optimise the financial data coming out of the firm in terms of growth and profit. That could mean more pressure on vendors. (BR)
