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Announced

Completed

McNally Capital completed the investment in Xcelerate Solutions.

Synopsis

McNally Capital, a lower middle-market private equity firm focused on founder and family-owned businesses, completed the investment in Xcelerate Solutions, a defense and national security company. Financial terms were not disclosed. "Our partnership with Xcelerate aligns with our internal expertise in the Aerospace & Defense industry and our investment thesis in intelligence and national security. Xcelerate is a trusted partner to agencies directly responsible for the security and safety of the United States and has achieved exponential growth since its inception. We look forward to contributing to their continued growth through our new partnership," Michael P. Ember, McNally Capital Vice President.

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