McNally Capital to sell Advanced Micro Instruments to Enpro

McNally Capital announced the firm has entered into a signed purchase agreement for the sale of Advanced Micro Instruments, Inc. to Enpro Inc. AMI is a 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. “Under McNally’s stewardship, AMI has strengthened in all facets. From facilitating revolutionary product development and organic growth to diversifying our client and distribution base with widespread industry adoption of AMI’s products, they have driven tremendous value creation for the Company,” said AMI founder and former President and CEO, Steven Kirchnavy. The transaction is expected to close in early 2024, subject to limited closing conditions, including regulatory approvals.