McNally Capital Completes Sale of Advanced Micro Instruments, Inc. to Enpro Inc.
Enpro Inc. (NPO)
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Source: Business Wire
CHICAGO--(BUSINESS WIRE)--McNally Capital (“McNally”), a private equity firm, is pleased to announce it has completed the previously announced sale of Advanced Micro Instruments, Inc. (“AMI”) to Enpro Inc. (NYSE: NPO). AMI is a leading provider of highly engineered, application-specific analyzers and sensing technologies that monitor critical parameters to maintain infrastructure integrity, enable process efficiency, enhance safety, and facilitate the clean energy transition. The sale, completed on January 29, 2024, marks the fifth realized portfolio company for McNally Capital.McNally originally invested in AMI in 2014, and the acquisition stemmed from the firm’s focus on the industrial technology, products, and services industry. It was consistent with the firm’s strategy of partnering with founders and management owners to promote the continued success and expansion of privately-held businesses.McNally Capital makes thesis-driven investments in the U.S. and targets founder- and
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