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Windjammer agrees to exit Advanced Instruments to Patricia Industries

Sep 28, 2020 - peHUB
Mergers and Acquisitions

Windjammer Capital agreed to sell Advanced Instruments to Patricia Industries for an enterprise value of $780 million. Windjammer acquired Advanced Instruments from its founding family in 2016.

Press Release

Windjammer Capital ("Windjammer") is pleased to announce it has signed an agreement with Patricia Industries, a part of Investor AB, to sell Advanced Instruments, LLC ("Advanced Instruments", “AI” or the "Company") for an enterprise value of $780 million.

Founded...