Express News | Technology company Ingram Micro Holding has applied for a US IPO, seeking to trade its stocks on the NYSE under the code "INGM". The underwriters include JPMorgan, Goldman Sachs, Morgan Stanley, Bank of America Securities, and Jefferies. Earlier reports i
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Morgan Stanley is considering selling its HVAC company Sila for approximately $1.5 billion.
According to Reuters on September 29, sources said that Morgan Stanley's mid-market acquisition department is exploring the sale of Sila Services, including debt, the company's valuation could reach approximately $1.5 billion, equivalent to 15 times its 12-month EBITDA. Based in King of Prussia, Pennsylvania, Sila is a supplier of heating, air conditioning, and plumbing services. The company is currently working with investment bank William Blair on the sale process.
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