McNally Capital completed the acquisition of Airforce Turbine Service.

McNally Capital, a private investment firm specializing in aerospace and defense investments, completed the acquisition of Airforce Turbine Service, an independent global aviation services company. Financial terms were not disclosed. "ATS is at an important inflection point in its growth, with significant opportunities ahead to expand and scale the business. As we evaluated potential partners, McNally Capital clearly stood out for their deep understanding of our business and proven experience scaling aerospace services platforms. They are the right partner to help take ATS to the next level while remaining true to our culture and commitment to customers," Chris Carson, ATS Managing Partner and Owner.