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”). 

Previously Announced Acquisition of Hargray Closes

Hargray Communications Group announces the closing of its previously announced acquisition by The Pritzker Organization, Redwood Capital Investments, Stephens Capital Partners, and management. McNally Capital advised on the transaction. 

Dedicated Computing to maintain Pewaukee HQ

Dedicated Computing, recently acquired by McNally Capital, will maintain its 132,000-square-foot global engineering and technology headquarters at Commerce Circle in the City of Pewaukee for the next decade.