Viewing entries in
Business Services

McNally Capital Announces Sale of The Re-Sourcing Group

McNally Capital is pleased to announce the sale of The Re-Sourcing Group to MidOcean Partners. Re-Sourcing is a leading provider of strategic staffing, consulting, and direct hire solutions, focusing on Compliance, Legal, Information Technology, Finance, Accounting, and HR positions. The Company serves clients through seven premium brands: JW Michaels & Co., Compliance Risk Concepts, ExecuSource, Perennial Resources International, Partnership Employment, Technology Navigators, and Conexus Recruiting.

McNally Capital Announces New President of Portfolio Company, Smith & Oby

Smith & Oby, leading Midwest HVAC and plumbing mechanical contractor and services provider, appoints Jake Wattenbarger as its new President and General Manager. McNally Capital worked alongside the management team and board to conduct a thorough and successful search process. “We are thrilled to have found Jake for this role,” said Ravi P. Shah.

McNally Capital Announces Sale of ITS Logistics

McNally Capital is pleased to announce the sale of ITS Logistics (“ITS”). ITS is a leading third-party logistics provider that delivers a variety of services in supply chain management, freight logistics, distribution/fulfillment, and transportation management.

McNally Capital Announces Investment in Re-Sourcing Holdings

McNally Capital completes platform investment in Re-Sourcing Holdings, a leading provider of strategic staffing, consulting, and direct hire solutions focusing on compliance, legal, information technology, finance & accounting, and HR positions. The investment aligns with McNally’s focus on acquiring founder- and family-owned businesses, as well as with McNally’s internal expertise in the Business Services industry and investment thesis in human capital management.

Direct Investment Update: ITS Logistics Announces New CEO

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.”

ITS Logistics wins RGJ Large Company of the Year Award

McNally-backed ITS logistics has been recognized as “Large Company of the Year” by the Reno Gazette-Journal. The annual awards recognize companies for outstanding leadership and exceptional business performance that has made a significant contribution to Northern Nevada in the past 12 months.

ITS Logistics expands operations

McNally-backed ITS Logistics, a third party logistics company, is currently in the process of moving its operations to a larger, more efficient site in Sparks