McNally Capital has hired Frank McGrew to lead the firm’s merchant banking business, which provides M&A advisory, capital raising, and advisory services to family offices and family owned businesses.
Mr. McGrew has more than 25 years of investment banking, operating and direct investment experience. At McNally, he will focus on investment banking services in the manufacturing and general industrials sectors.
“As we’ve worked with our network of nearly 800 family offices to make and manage direct investments for over eight years, it has become clear that both businesses and investors are seeking enhanced expertise, proprietary deal flow, and access to growth capital,” said Ward McNally, Founder and Managing Partner of McNally Capital. “Our decision to add a senior professional with over 25 years of investment banking, operating and principal investing experience highlights our commitment to further growing McNally Capital and our merchant banking business. Frank is a recognized expert in corporate finance, M&A and family business dynamics with extensive experience in identifying, structuring, growing, and monetizing leading businesses for institutional and private owners.”
From April 2012 to August 2016, Mr. McGrew was a Managing Director within the investment banking department at Raymond James where he was responsible for leading the firm’s coverage of diversified industrial and manufacturing companies – particularly those related to industrial technology, infrastructure, water, metals and industrial services. Prior to Raymond James he was a senior member of other investment banks including Morgan Keegan and Morgan Joseph. Mr. McGrew has an MBA from Wharton and a BBA from Southern Methodist University.
“I am excited to join the team at McNally Capital and apply my passion for working with families and business owners at this firm,” said Mr. McGrew. “The McNally team has a tremendous network, significant opportunities for growth and a proven record of success, having built a strong foundation and reputation within the middle market.”
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).
© 2017 Private Equity Professional | January 18, 2017
