Is Ingram Micro Next on Warren Buffet’s Holiday Wish List? Not Likely
With Berkshire Hathaway making an unsuccessful offer for Tech Data last week, eyes in the channel turned to Ingram Micro with some observers wondering if the distributor could be next on Warren Buffett’s wish list as the company has reportedly been shopped by current owner HNA Technology.
Martin Wolf, president of martinwolf M&A Advisors, one of the top channel investment advisory deal-makers, told CRN he does not see that happening.
“I think that’s not likely,” he said. “Ingram has all sorts of hair around it. You have China. You have tariffs. He liked Tech Data. He may like Ingram for the same reasons, but it’s very complicated. He’d have to be picked by the seller. It is not something he can walk into on his own.”
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