Articles from McNally Capital

McNally Capital (“McNally”), a private equity firm specializing in acquiring founder-, family-, and management-owned businesses in the lower middle market, is pleased to announce the addition of five experienced professionals to its team—Gus Pinto, Tim Gossett, Rob Kirk, and Ryan McDonough joining the Portfolio Operations Team, and Grace Chatas joining the Deal Team.

McNally Capital (“McNally”), a private equity firm specializing in acquiring founder-, family-, and management-owned businesses in the lower middle market, is pleased to announce an investment in Jewett Automation. Jewett Automation is a leading manufacturer of filtration equipment and custom automation solutions, specializing in highly engineered, automated manufacturing and robotic systems for complex industrial applications. McNally invested in Jewett Automation out of McNally Capital Fund II, the firm’s committed buyout vehicle.

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 Capital (“McNally”), a private equity firm, is pleased to announce the promotion of six team members, including Ravi P. Shah to Partner. Ravi joined McNally Capital in 2016 and focuses on leading the investment team across the National Security, Aerospace, and Industrial Technology & Automation industries.

McNally Capital (“McNally”), a private equity firm, is pleased to share that Xcelerate Solutions (“Xcelerate”), a portfolio company of McNally, announced its merger with VMD Corp (“VMD”). Xcelerate is a leading defense and national security company, providing integrated solutions through three service areas – Enterprise Security, Digital Transformation, and Strategic Consulting. VMD is a cybersecurity, agile engineering, and critical infrastructure protection firm based in Fairfax, Virginia. The combined company will go to market as Xcelerate Solutions, offering a comprehensive, mission-first portfolio of secure solutions to the federal government.

McNally Capital (“McNally”), a private equity firm, is pleased to announce that Lou Rassey has been appointed as Co-Chief Executive Officer (“Co-CEO”) and Managing Partner of the firm, a new position.

McNally Capital (“McNally”), a private equity firm, is pleased to announce the sale of The Re-Sourcing Group (“Re-Sourcing” or the “Company”) to MidOcean Partners. Re-Sourcing is a leading provider of strategic staffing, consulting, and direct hire solutions, focusing on Compliance, Legal, Information Technology, Finance, Accounting, and HR positions. The Company serves clients through seven premium brands: JW Michaels & Co., Compliance Risk Concepts, ExecuSource, Perennial Resources International, Partnership Employment, Technology Navigators, and Conexus Recruiting.

McNally Capital (“McNally”), a private equity firm, is pleased to announce the firm has entered into a signed purchase agreement for the sale of Advanced Micro Instruments, Inc. (“AMI” or the “Company”) 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.

McNally Capital (“McNally”), a private equity firm, is pleased to announce that The Smith & Oby Company (“Smith & Oby”), a portfolio company of the firm, has appointed Jake Wattenbarger as its new President and General Manager. Smith & Oby is a leading Midwest HVAC and plumbing mechanical contractor and services provider primarily serving the healthcare, education, commercial & industrial, and civic end markets.

McNally Capital (“McNally”), a lower middle-market private equity firm focused on founder and family-owned businesses, is pleased to announce an investment in Xcelerate Solutions (“Xcelerate”). Xcelerate is a leading defense and national security company, providing integrated solutions delivered through three service areas – Enterprise Security, Digital Transformation, and Strategic Consulting. McNally invested in Xcelerate out of McNally Capital Fund II, the firm’s committed buyout vehicle.

McNally Capital (“McNally”) is pleased to announce its latest honor in being named to Inc.’s 2022 List of Founder-Friendly Investors. This annual list honors the private equity and venture capital firms with the best track records of success backing entrepreneurs. McNally’s inclusion in the list of highly accomplished Founder-Friendly Investors is a testament to the firm’s reputation of successfully bringing industry expertise and capital to founder-, family-, and management-owned businesses.

McNally Capital (“McNally”) is pleased to announce the final closing of its inaugural private equity fund, McNally Capital Fund II, LP (the “Fund”). McNally Capital has raised over $150 million from limited partner fund commitments and related co-investments. The firm has over $500 million in total assets under management (“AUM”) and now has 15 investment and operating professionals to support its growth.

McNally Capital (“McNally”), a leader in Direct Family Capital, is pleased to announce the sale of ITS Logistics (“ITS” or the “Company”). ITS is a leading third-party logistics provider that delivers a variety of services in supply chain management, freight logistics, distribution/fulfillment, and transportation management.

McNally Capital (“McNally”), a leader in Direct Family Capital, is pleased to announce the acquisition of Orbis Operations (“Orbis”). Orbis is a leading provider of intelligence and national security advisory services, software engineering and cyber services, and situational awareness training to the United States government and its allies, as well as select commercial clients. McNally acquired Orbis out of McNally Capital Fund II, the firm’s committed buyout vehicle.

McNally Capital (“McNally”), a leader in Direct Family Capital, is pleased to announce its latest honor in being selected as one of the 2021 TOP 50 Private Equity Firms in the Middle Market™. The focus of this awards program is to acknowledge highly reputable small- and mid-sized firms that have great teams and exceptional track records and that demonstrate significant deal and fundraising activity. McNally’s inclusion in the TOP 50 PE list is a testament to the firm’s track record of successfully bringing family capital and industry expertise to family- and founder-owned businesses.