Ingram Micro’s ITAD Business at a Crossroads: 2025 Could Be a Make-or-Break Year

By David Daoud: I was excited to learn that Ingram Micro (ITAD unite: Ingram Micro ITAD Services ) (IM) filled for an IPO on the last day of September. Becoming a public company would give us better visibility on how the firm and the sector are performing, even if its #ITAD unit is small in comparison to its core business of selling #technology.

The IPO filing by Platinum Equity would pave the way for the return of Ingram Micro to the public sphere after it left it in 2016. In 2021, Platinum Equity acquired it from its previous owner, HNA Group, for $7.4 billion.

Returning to the stock market is meant to address a number of important things: raise capital for whatever objectives the company has in mind, obviously reduce debt, etc. But assuming the IPO goes through and becomes effective 3 to 6 months from now, what comes next will determine the fate of the company and obviously its ITAD operation.

So far, the past two-to-three years have been treacherous in line with what other companies in the same business of IT marketing experienced, with declining revenues. But the outlook does not have to be bleak. The company is a giant, operating in more than 50 countries, with 160K+ customers, and some 1,500 suppliers and OEMs, there is no doubt Ingram has the scale.

But in this picture, ITAD is a tiny portion of its business, a sector however that is poised to do very well next year. Will management see ITAD as a growth driver that would act as catalyst through the so-called circular economy and give it the resources to thrive? Or will it sideline it or even abandon it as Arrow did not too long ago?

Here is my take.. follow this link. Free access with basic registration. You can use your LinkedIn credentials to access the content, which includes video and audio podcast. https://compliancestandards.com/yc29