McNally Capital has made an investment in Genesys Aerosystems, a provider of avionics systems for military and civil aircraft manufacturers and operators. Genesys’ existing management team will retain a majority interest in the company.
Genesys Aerosystems’ products include 3D Synthetic Vision Electronic Flight Instrument Systems, S-TEC Analog and Digital Autopilots, HeliSAS Helicopter Autopilot and Stability Augmentation System, as well as other sensors and components. The company offers its systems as stand-alone components or integrated to provide entire cockpit solutions. Genesys Aerosystems, led by President and CEO Roger Smith, is headquartered west of Dallas in Mineral Wells, TX (www.genesys-aerosystems.com).
“We have partnered with McNally Capital because of their tremendous expertise, track record of partnering with management teams to drive growth, and capital resources. We believe they are the best partners to help grow our business over the long term,” said Mr. Smith.
“We are excited to partner with the Genesys management team in support of their strategy to expand their offerings, build additional capabilities, and grow the business,” said Ward McNally, Managing Partner at McNally Capital. “Our partnership with the Genesys management team is consistent with our strategy of partnering with the owners and managers of high quality businesses to help them achieve their long term growth objectives.”
McNally Capital works with family offices to help them make and manage their investments in private companies and private equity funds. The firm also acts as a principal investor and can partner with high net worth family offices to invest in companies with EBITDA’s from $2 million to $25 million. Sectors of interest include industrials, food, packaging, distribution, logistics, consumer and healthcare. McNally Capital is based in Chicago (www.mcnallycapital.com).
“Genesys has established a leadership position within numerous avionics segments by developing innovative and customizable solutions that address critical customer needs. By continuing to invest in its offerings, Genesys is well positioned to expand its unique technologies and product portfolio,” added Brett Mitchell, a Principal at McNally Capital.
© 2016 Private Equity Professional • 10-25-16
