McNally Capital
Private equityChicago · Seed–Late Stage · 33 people tracked
Also known as MCNALLY ADVISORS, LLC
Investment thesis
McNally Capital applies a thesis-driven investment methodology combined with deep sector expertise in Aerospace & Defense and Industrial Technology & Services. The firm targets lower-middle-market, founder-, family-, and management-led companies, using formalized selection criteria and a rigorous framework to identify platforms with potential for alpha generation. Its proprietary value-creation roadmap, Atlas, integrates governance, strategic planning, and operational improvements to drive growth. The firm favors Aerospace & Defense for its mission-critical nature and high barriers to entry, and Industrial Technology & Services for its role in addressing geopolitical and labor challenges. It emphasizes long-term partnerships built on integrity, respect, and collaboration.
Source: firm website, verified Aug 25, 2026.
Team · 33 people
from the firm's website & curatedWhat they invest in
from 13 of 24 portfolio companiesDefense Tech ×8GovTech ×5Hardware ×5Advanced Manufacturing ×4Cybersecurity ×4Enterprise Software ×4Deep Tech ×3AI & Machine Learning ×2
HQs:United States×8
Investments · 24 tracked
founders shown can be your intro pathAn online publication and newsletter covering unclassified news and developments in the U.S. intelligence community marketplace, serving industry professionals and decision-makers who need market intelligence.
CybersecurityDefense TechEnterprise SoftwareGovTechMedia & EntertainmentChantilly, US
Nicholas Scherling(President and CEO)
Co-investorsBooz Allen VenturesGula Tech Adventures
THRYVE Automation designs and builds custom turnkey automation systems—including robotics, machine vision, material handling, inspection, and packaging—for manufacturers in energy, life sciences, HVAC/filtration, automotive, and consumer products.
Advanced ManufacturingHardwareRoboticsRichmond, US
Industrial Technology & Services portfolio company (realized)
Aerospace & Defense portfolio company (ATS)
Altamira Technologies Corporation provides intelligence and technical solutions for U.S. national security missions, serving Intelligence Community and Department of Defense customers across space, cyber, operations, and intelligence tradecraft mission sets.
AI & Machine LearningCybersecurityData & InfrastructureDefense TechGovTechMcLean, US
Jane Chappellin
Co-investorsColumbia CapitalMultiplier CapitalRazor's Edge Ventures
Conexus Recruiting provides temporary staffing and consulting services for finance, accounting, technology, and human resources roles, serving businesses that need experienced professionals for project work or resource gaps.
Enterprise SoftwareFuture of WorkHR Tech
Dedicated Computing designs and manufactures customized computing platforms for mission-critical equipment in healthcare, training, and industrial automation sectors.
Advanced ManufacturingDefense TechHardwareIoTMedical Devices
Phil Spivey(Chief Executive Officer)Kelani Morin(VP of Engineering)Gary Blackington(Sr. VP of Sales)Tracy Schuster(VP of Finance)Andy Feavel(Director of Operations)Andrew Herger(Director of Information Technology & Services)
Co-investorsMason Wells
Industrial Technology & Services portfolio company (realized)
FDTS (Fed Data) provides IT technical services for U.S. government clients, including the Department of Defense and intelligence community, helping them optimize infrastructure, reduce costs, develop new capabilities, and improve security.
Cloud ComputingCybersecurityDeep TechDefense TechEnterprise SoftwareGovTech
Industrial Technology & Services portfolio company, original investment Smith & Oby
Genesys Aerosystems, part of Moog, provides avionics systems and integration for fixed-wing and rotary aircraft, including the OASIS open-architecture display software and the Genesys Avionics Suite.
Deep TechDefense TechHardware
Industrial Technology & Services portfolio company (realized)
A third-party logistics provider offering asset-lite transportation, dedicated fleet services, and distribution and fulfillment solutions across North America with multiple distribution centers strategically located to serve customers nationwide.
E-commerceLogistics & Supply ChainLas Vegas, US
Aerospace & Defense portfolio company
PGI is a government and commercial contractor that provides mission-focused services and support to forward-deployed personnel across global operations in high-threat and austere environments.
Defense TechEnterprise SoftwareGovTech
Greg Craddock(Chief Executive Officer)Jason Blandford(Chief Financial Officer)Christy Beach(Chief Operating Officer)inDr. Robert Mabry, M.D.(Chief Medical Officer)
Aerospace & Defense portfolio company (PGI)
Industrial Technology & Services portfolio company (realized)
Industrial Technology & Services portfolio company, formerly Jewett Automation
Xcelerate Solutions is a defense and national security firm providing integrated solutions in enterprise vetting and analysis, aviation security, and mission and digital solutions for federal agencies, the Department of Homeland Security, law enforcement, and the Intelligence Community.
CybersecurityDefense TechGovTech
Mark Drever(Chief Executive Officer)Vivek Malhotra(President)
Portfolio news
latest coverage across their companiesAltamira · wealthawesome.com · Aug 11, 2026
Frequently asked questions
- How many investments has McNally Capital made?
- McNally Capital has 23 tracked investments.
- What stage does McNally Capital invest at?
- McNally Capital invests at the Seed, Growth, Late Stage stages.
- What is McNally Capital's typical check size?
- McNally Capital typically writes checks of $15M – $65M.
- What sectors does McNally Capital focus on?
- McNally Capital focuses on Advanced Manufacturing, Defense Tech, Logistics & Supply Chain, New Materials, Robotics, Space Tech.
- Where is McNally Capital located?
- McNally Capital is headquartered in Chicago, US.
- Does McNally Capital lead rounds?
- Yes, McNally Capital leads investment rounds.
- Who does McNally Capital co-invest with?
- McNally Capital most often shares deals with Columbia Capital, Mason Wells, Multiplier Capital, among 4 tracked co-investors.
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