McNally Capital is pleased to announce that the firm has completed the previously announced sale of Advanced Micro Instruments, Inc. to Enpro Inc. (NYSE: NPO). The sale, completed on January 29, 2024, marks the fifth realized portfolio company for McNally Capital.

McNally Capital is pleased to announce that the firm has entered into a signed purchase agreement to sell Advanced Micro Instruments, Inc. to Enpro Inc. (NYSE: NPO). AMI is a leading provider of highly engineered, application-specific analyzers and sensing technologies, serving customers in the midstream natural gas, biogas, industrial processing, cryogenics, food processing, laboratory, wastewater, and aerospace markets.

Smith & Oby, a McNally Capital portfolio company and leading commercial HVAC installation and services provider, is seeking HVAC add-ons. Our goal is to build a scaled national platform that maintains the culture and values upon which the company was built.

McNally Capital completes a platform investment in Smith & Oby, a leading Midwest HVAC and plumbing mechanical contractor and services provider serving primarily the healthcare, education, commercial & industrial, and civic end markets. The investment aligns with McNally’s focus on acquiring founder- and family-owned businesses, as well as with McNally’s investment thesis focused on facilities management and HVAC.

Dedicated Computing, recently acquired by McNally Capital, will maintain its 132,000-square-foot global engineering and technology headquarters at Commerce Circle in the City of Pewaukee for the next decade.

McNally Capital has acquired Dedicated Computing, an original design manufacturer (ODM) of proprietary, highly-engineered computing systems, from Mason Wells.