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.”
Joseph Cahoon, McNally Capital’s experienced Real Estate Industry Partner, provides key insight in a recent article by Bisnow National – “Can Dallas Opportunity Zones Compete for New Development”.
Middle Market Growth Conversations podcast conducted a follow-up interview with Frank McGrew, Managing Partner at McNally Capital, to “discuss new guidance from the U.S. Treasury Department for investing in opportunity zones…”
McNally Capital has partnered with seasoned Real Estate industry executive Joseph Cahoon to advise on all phases of the Opportunity Zone (“OZ”) investment process.
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.
McNally Capital was selected as the winner of the 2018 M&A Advisor Deal of the Year Award
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.
Middle Market Growth Conversations podcast interviewed Frank McGrew, Managing Partner at McNally Capital, on Opportunity Zones – “a new federal program that offers private equity investors and family offices tax benefits to invest in economically disadvantaged areas.”