SCHEDULE 13G: Platinum Equity Group Discloses 89.8% Stake in Ingram Micro Holding Corp
Beneficial Ownership Report (Schedule 13G)
A group of entities led by Platinum Equity and its founder Tom Gores has filed a Schedule 13G, revealing beneficial ownership of 89.8% of Ingram Micro Holding Corp's common stock.
Summary
- The filing is a Schedule 13G, indicating passive beneficial ownership of Ingram Micro Holding Corp.
- The reporting group includes Platinum Equity, LLC, Platinum Equity Investment Holdings, LLC, Platinum Equity Investment Holdings IC (Cayman), LLC, Platinum Equity InvestCo, L.P., Platinum Equity Investment Holdings V, LLC, Platinum Equity Partners V, LLC, Platinum Equity Partners V, L.P., Imola JV Holdings, L.P., and Tom Gores.
- The group collectively beneficially owns 210,952,854 shares of Ingram Micro Holding Corp's Common Stock.
- This ownership represents 89.8% of the total outstanding shares of Common Stock.
- The percentage is calculated based on 234,825,581 shares outstanding as of November 5, 2024, as reported in Ingram Micro's Form 10-Q filed on November 12, 2024.
- Imola JV Holdings, L.P. is the record holder of these securities.
- Tom Gores, as the manager of Platinum Equity, LLC, is deemed to share beneficial ownership through a hierarchical structure of entities leading to the record holder.
Sentiment
Score: 5
Explanation: The document is a factual regulatory filing (Schedule 13G) reporting beneficial ownership. It does not contain subjective language or performance metrics that would indicate positive or negative sentiment, thus it is neutral.
Future Outlook
This Schedule 13G filing is a disclosure of current beneficial ownership and does not contain forward-looking statements or guidance regarding the issuer's future performance or strategic direction.
Industry Context
This filing indicates a significant, controlling stake by Platinum Equity, a private equity firm, in Ingram Micro Holding Corp. Such a high percentage of ownership (89.8%) suggests that Ingram Micro is likely a privately controlled entity, or in the process of being taken private, where a large portion of shares are held by a single investment group rather than widely traded public float. This is typical for private equity-backed companies.
Stakeholder Impact
- Shareholders: The filing confirms a very high concentration of ownership (89.8%) by the Platinum Equity group, indicating limited public float and control by a single entity. This may affect liquidity for minority shareholders if the company is still publicly traded, or confirm its private status.
Key Dates
| Date | Description |
|---|---|
| 2018-10-19 | Date Tom Gores granted Power of Attorney to Mary Ann Sigler for SEC filings. |
| 2024-11-05 | Date as of which 234,825,581 shares of Common Stock were outstanding for Ingram Micro Holding Corp. |
| 2024-11-12 | Date Ingram Micro Holding Corp filed its Quarterly Report on Form 10-Q, disclosing outstanding shares. |
| 2024-12-31 | Date of event which requires filing of this Schedule 13G statement (reporting period end date). |
| 2025-02-13 | Date the Schedule 13G filing was signed and executed by the reporting persons. |
Keywords
Ingram Micro Holding Corp, Platinum Equity, Tom Gores, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Institutional Investor, Private Equity
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