Direct Investment Update: ITS Logistics Announces New CEO

Congratulations to Scott Pruneau on being named CEO of ITS Logistics. McNally Capital’s Managing Partner, Ward McNally, joins in congratulating Scott – “We have complete confidence in Scott’s ability and his vision to lead ITS into the future. This company is truly just getting started.”

Industry Spotlight: Restaurants

The Restaurant industry is ripe with owners seeking partnerships for liquidity events and capital. Our family office network has significant operating experience in this industry and represents ~200 investments in Agriculture, Food & Beverage Companies. As Food (and related concepts) remain the top industry among our family office partners, we are excited about the growth and unique advantages we offer.

Opportunity Zone White Paper Addendum

The passing of the Tax Cuts and Jobs Act created Opportunity Zones– a new tax-deferral opportunity for recently realized capital gains. An announcement from the U.S. Treasury on October 19, 2018 clarifies various technical aspects of Opportunity Zone (“OZ”) investing and should pave the way for capital flow into projects, assets and investment vehicles before year-end.

Is Now the Time to Sell?

Now might be a good time for owners to think about pursuing a proactive liquidity event or transitioning strategy rather than deferring the decision until later when options might be limited or market conditions less favorable.

Opportunity Zones White Paper

The passing of the Tax Cuts and Jobs Act created Opportunity Zones– a new tax-deferral opportunity for recently realized capital gains. By adhering to certain guidelines, investors can take realized capital gains from other investments and put them into an OZ or fund that targets OZs and receive a combination of tax deferral, tax reduction, and tax forgiveness.

McNally Capital Announces Investment in FedData

McNally Capital is pleased to announce its investment in Federal Data Systems (FedData), a leader in providing critical infrastructure and services to the Department of Defense and the National Intelligence Community, and a provider of threat reduction and counterintelligence services to major corporations. 

Could it be time to “Sell in May and Go Away”?

McNally Capital Managing Partner Frank McGrew discusses how market conditions remain quite favorable for a variety of strategic options. Our active dialogue with numerous business owners confirms that now might be an optimal opportunity to assess needs for growth capital or liquidity. View the article here.

Compensation Survey Co-Sponsored by McNally Capital Covers 152 Family Offices

McNally Capital, Botoff Consulting, and Mack International are pleased to publish the results of their 2017/2018 Compensation Survey of Investment Professionals in Single Family Offices, with data from 152 family offices representing over $100 billion in assets under management (“AUM”).