Sept 30 (Reuters) - Ingram Micro made public its U.S.

IPO filing on Monday, more than two years after the

private-equity backed electronics distributor laid the

foundation for its return to stock markets.

Expectations of more monetary policy easing and pressure to

return capital to investors are encouraging PE firms to list

their portfolio companies.

Beverly Hills, California-based Platinum Equity acquired

Ingram in 2021 from a unit of Chinese aviation and shipping

conglomerate HNA Group in a $7.2 billion deal.

The company and some of its existing stockholders will sell

shares in the proposed offering.

Founded in 1979, Ingram partners with technology

manufacturers and cloud providers to bring their products to

market through its digital platform Ingram Micro Xvantage.

The company, which also provides businesses with a portfolio

of technology offerings and supply chain services, disclosed a

5.5% drop in 2023 net revenue to $48 billion due to the sale of

its commerce and lifecycle services (CLS) business.

Ingram in April 2022 sold the unit to French shipping

company CMA CGM Group in a $3 billion deal.

The company's net income shrank to $352.7 million in 2023

from $2.39 billion a year earlier. Ingram had booked a $2.28

billion gain on the CLS sale in 2022.

Ingram laid the foundation for its return to stock markets

when it had confidentially filed for a U.S. IPO in September

2022.

The IPO proceeds will be mainly used to pay down debt.

Ingram plans to list on the New York Stock Exchange under

the symbol "INGM."

The offering is being underwritten by more than a dozen Wall

Street banks, led by Morgan Stanley, Goldman Sachs and J.P.

Morgan Securities.

(Reporting by Arasu Kannagi Basil in Bengaluru; Editing by

Tasim Zahid and Sriraj Kalluvila)