MCNALLY CAPITAL IS AWARDED TELECOM DEAL OF THE YEAR AT 16th ANNUAL M&A ADVISOR AWARDS
Chicago, IL – November 13, 2017
McNally Capital is pleased to announce its latest honor in being awarded Telecommunication Services Deal of the Year. The award was presented at a gala ceremony during the 16th annual M&A Advisor Awards in New York.
McNally Capital won the award for its merchant banking and advisory role in the acquisition of Hargray Communications. Hargray Communications, a premier broadband communications and entertainment provider, was acquired by Tom Pritzker Family Business Interests (“PFBI”) advised by The Pritzker Organization, LLC (“TPO”), Redwood Capital Investments, Stephens Capital Partners, and management in May 2017.
Managing Partner Frank McGrew accepted the award in New York on behalf of McNally Capital and the investors in Hargray Communications. Frank McGrew commented, "We are honored to accept this Deal of the Year award and be recognized for this unique transaction. This deal provides a strong example of the power of direct family capital and the way in which our firm can work in an innovative manner to enable families to invest together in private businesses."