McNally Capital
Private equityChicago · Seed–Late Stage · 30 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 11, 2026.
Team · 30 people
from the firm's websiteWhat they invest in
from 12 of 25 portfolio companiesDefense Tech ×6Hardware ×5Advanced Manufacturing ×4Deep Tech ×3AI & Machine Learning ×2Cybersecurity ×2Data & Infrastructure ×2GovTech ×2
HQs:United States×4
Investments · 25 tracked
founders shown can be your intro pathTHRYVE 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)
Conexus is a recruiting and staffing firm that places Finance, Technology, and HR professionals (including MBAs, CPAs, and HR specialists) in direct-hire roles and provides interim and advisory support for the Office of the CFO.
Future of WorkHR Tech
Industrial Technology & Services portfolio company
Dedicated Computing designs and manufactures certified embedded computing platforms and rack servers for original equipment manufacturers (OEMs) building mission-critical devices in fields such as medical/lab diagnostics, training, and industrial operations.
Advanced ManufacturingHardwareIoT
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)
ITS provides supply chain and logistics services including container management, truckload solutions, and distribution and fulfillment.
Logistics & Supply Chain
Aerospace & Defense portfolio company
Aerospace & Defense portfolio company (PGI)
Industrial Technology & Services portfolio company (realized)
Industrial Technology & Services portfolio company, formerly Jewett Automation
Aerospace & Defense portfolio company
Xcelerate Solutions provides aviation security, enterprise vetting, identity proofing, and mission operations services to U.S. government agencies and national security missions.
CybersecurityDefense TechGovTech
Mark Drever(CEO)Vivek Malhotra(President)
Frequently asked questions
- 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.
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