Platinum Equity Acquires Ingram Micro for $7.2 Billion
July 7, 2021
Platinum Equity completed the acquisition of Ingram Micro Inc. from HNA Technology Co., Ltd. The buyout, announced July 2021, values the world’s largest technology distributor at $7.2 billion enterprise value and positions Platinum to accelerate Ingram Micro’s cloud, logistics and solutions strategies while providing financial and operating support for growth initiatives.
- Buyers
- Platinum Equity
- Targets
- Ingram Micro Inc.
- Sellers
- HNA Technology Co., Ltd. (part of HNA Group)
- Industry
- Transportation
- Location
- California, United States
- Transaction Type
- Buyout
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