INDUSTRIAL Technology
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Engineered Products and Services
Sensors and Instrumentation
INDUSTRIAL and Commercial Services
Facility Services
Test, Measurement, and Certification
INDUSTRIAL AUTOMATION
Material Handling
Robotics
System Integration
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INDUSTRIAL Equipment and Manufacturing
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Current Portfolio Companies
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Industrial Products & Services – News Highlights
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 the sale of The Re-Sourcing Group 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 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, leading Midwest HVAC and plumbing mechanical contractor and services provider, appoints Jake Wattenbarger as its new President and General Manager. McNally Capital worked alongside the management team and board to conduct a thorough and successful search process. “We are thrilled to have found Jake for this role,” said Ravi P. Shah.
McNally Capital’s portfolio company, The Re-Sourcing Group, a prominent national hiring provider, announced the addition of Conexus Search as a new partner among the Re-Sourcing family of brands.
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.
ITS Logistics, a recently realized portfolio company of McNally Capital, is mentioned in the latest Logistics Report from The Wall Street Journal.
McNally Capital is pleased to announce the sale of ITS Logistics (“ITS”). 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 completes platform investment in Re-Sourcing Holdings, a leading provider of strategic staffing, consulting, and direct hire solutions focusing on compliance, legal, information technology, finance & accounting, and HR positions. The investment aligns with McNally’s focus on acquiring founder- and family-owned businesses, as well as with McNally’s internal expertise in the Business Services industry and investment thesis in human capital management.