McNally Capital Email Format

Financial ServicesIllinois, United States11-50 Employees

McNally Capital is a Chicago, Illinois-based private equity firm focused on thesis-driven buyouts in the lower middle market, with the Aerospace & Defense and Industrial Technology & Services sectors as primary targets. The firm applies a hands-on approach and a structured value-creation framework to help portfolio companies scale growth and generate long-term value for investors. It prioritizes founder-, family-, and management-led businesses and aims to preserve legacies while enabling strategic expansion.

Founded in 2008 by Ward McNally, a sixth-generation member of the McNally family, who serves as Co-CEO and Managing Partner, the firm pursues a disciplined, repeatable process to drive transformation across its holdings. In late 2025, the firm expanded its activity with the acquisition of Airforce Turbine Service in Mathis, Texas, illustrating ongoing portfolio-building efforts.

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