McNally Capital and Nio Advisors Invest in Xcelerate Solutions

Xcelerate Solutions (McNally Capital Portfolio) Merges with VMD Corp

February 7, 2024

Cybersecurity

McNally Capital portfolio company Xcelerate Solutions has merged with VMD Corp, a cybersecurity, agile engineering, and critical infrastructure protection firm based in Fairfax, Virginia. The combined company will operate as Xcelerate Solutions and brings together more than 1,000 technology professionals to expand capabilities and contracts across the federal, defense, law enforcement, and national security markets.

McNally Capital, ClearSky and Nio Advisors Invest in Altamira Technologies

July 24, 2019

Aerospace & Defense

McNally Capital led a platform investment in Altamira Technologies, a provider of analytics, engineering and cyber services to the U.S. national security community, with participation from ClearSky and Nio Advisors. The investment will support Altamira’s continued organic growth, investment in new solutions and pursuit of strategic acquisitions; Ward McNally will join Altamira’s board.

McNally Capital Invests in Quiet Professionals, LLC

May 21, 2025

Aerospace & Defense

McNally Capital, partnering with Nio Advisors, acquired Quiet Professionals, a Tampa-based defense technology and intelligence contractor, in a late‑2024 investment. The investment will support Quiet Professionals’ next-phase growth — expanding analytics, AI, cybersecurity, and geospatial capabilities while preserving existing management and pursuing organic and inorganic growth.

Xcelerate Solutions Acquires clearAvenue

October 7, 2025

IT Services

Xcelerate Solutions, a portfolio company of McNally Capital, has acquired clearAvenue, a Columbia, Maryland-based provider of software development, AI/ML, big data analytics and cloud services for federal agencies. The acquisition expands Xcelerate's technical capabilities and the combined business will operate as Xcelerate Solutions, with the combined organization representing roughly 1,500 technology professionals.

McNally Capital and Nio Advisors Acquire Orbis Operations

April 8, 2021

Aerospace & Defense

McNally Capital, alongside co-investor Nio Advisors, has acquired Orbis Operations, a provider of intelligence, national security advisory, software engineering, cyber services, and situational awareness training. The acquisition is a platform investment for McNally Capital (from its committed buyout vehicle) to expand its capabilities and presence in the national security and intelligence sector.

McNally Capital Merges Quiet Professionals with Spathe Systems to Form Defense Tech Platform

November 21, 2025

Aerospace & Defense

Chicago-based private equity firm McNally Capital has merged its portfolio company Quiet Professionals with Tampa-based Spathe Systems to form a new defense technology platform aimed at supporting U.S. Special Operations Forces and the broader national security community. Quiet Professionals CEO Andy Wilson will lead the combined company (which will operate under a new name) to expand capabilities across cybersecurity, intelligence, cloud services and advanced analytics. McNally partnered with Nio Advisors on the transactions; Raymond James and Ropes Gray served as McNally's financial and legal advisers, respectively.