Firm News: Cahill Advises Underwriters in Ingram Micro’s $409 Million IPO 10.25.2024

Cahill Advises Underwriters in Ingram Micro's $409 Million IPO

Date: 10/25/24

Cahill represented the underwriters in connection with the initial public offering of common stock by Ingram Micro Holding Corporation.

The offering made 18.6 million shares of common stock available at a public offering price of $22.00 per share, which raised approximately $409 million (excluding fees, discounts and commissions). In addition, the underwriters subsequently exercised an option to purchase an additional 2.79 million shares of common stock solely to cover over-allotments, which closed on November 4, 2024.

The proceeds from the offering are excepted to be used to paydown a portion of the company's existing term loan credit facility.

Ingram Micro is a leading technology company for the global information technology ecosystem.