Platinum Equity affiliates sell 12.5M Ingram Micro shares
Ingram Micro Holding Corp disclosed that entities affiliated with Platinum Equity reported an open-market sale of 12,499,999 shares of Common Stock at $21.36 per share.
Rhea-AI Filing Summary
Ingram Micro Holding Corp disclosed that entities affiliated with Platinum Equity reported an open-market sale of 12,499,999 shares of Common Stock at $21.36 per share. The shares are held indirectly through a chain of investment vehicles, including Imola JV Holdings, L.P. and Ingram Holdco, LLC.
Following the transaction, the affiliated entities collectively report 198,452,855 shares of Common Stock. A footnote explains that Imola JV Holdings, L.P. is the record holder of 19,626,323 shares and Ingram Holdco, LLC is the record holder of 178,826,532 shares, and that various Platinum Equity entities and Tom Gores may be deemed to share beneficial ownership.
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Insights
Platinum Equity-linked entities sold 12.5M Ingram Micro shares but retain a very large position.
Entities associated with Platinum Equity executed an open-market sale of 12,499,999 shares of Ingram Micro Holding Corp Common Stock at $21.36 per share. The transaction is reported as indirect, reflecting ownership through a multi-entity structure rather than direct personal holdings.
After the sale, these affiliated entities still report 198,452,855 shares, indicating they remain major holders. The filing notes that Imola JV Holdings, L.P. holds 19,626,323 shares and Ingram Holdco, LLC holds 178,826,532 shares, and that several Platinum entities and Tom Gores may be deemed to share beneficial ownership.
The transaction is a clear net sell signal in absolute terms but occurs within the context of a very large continuing stake. Future company filings may provide additional detail on any subsequent transactions or changes in this ownership structure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 12,499,999 | $21.36 | $267.00M |
Footnotes (1)
- F1. Imola JV Holdings, L.P. is the record holder of 19,626,323 shares of Common Stock and Ingram Holdco, LLC is the record holder of 178,826,532 shares of Common Stock. Tom Gores is the manager of Platinum Equity, LLC, which is the sole member of Platinum Equity Investment Holdings, LLC, which is the sole member of Platinum Equity Investment Holdings IC (Cayman), LLC, which is the general partner of Platinum Equity InvestCo, L.P., which is the sole member of Platinum Equity Investment Holdings V, LLC, which is the sole member of Platinum Equity Partners V, LLC, which is the general partner of Platinum Equity Partners V, L.P., which is the general partner of Imola JV Holdings, L.P., which is the sole member of Ingram Holdco, LLC. By virtue of these relationships, each of these entities and Mr. Gores may be deemed to share beneficial ownership of the securities reported herein.
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