THL Partners Acquires Majority Stake in AMI
September 9, 2024
THL Partners has agreed to acquire a majority stake in AMI from HGGC in a private transaction expected to close in fall/Q4 2024. AMI, headquartered in Duluth, Georgia, is a global leader in dynamic firmware used across data centers and cloud platforms and employs over 1,500 engineers; THL says the investment will accelerate product innovation and market expansion to address growing AI and hyperscale infrastructure demand.
- Buyers
- THL Partners
- Targets
- AMI
- Sellers
- HGGC
- Industry
- Software
- Location
- Georgia, United States
- Transaction Type
- Buyout
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