Ropes & Gray Represents McNally Capital in its Acquisition of Orbis Operations
Ropes & Gray represented McNally Capital in its acquisition of Orbis Operations. Terms of the transaction, which was announced on April 8, were not disclosed. The press release is here.
Orbis is a leading provider of intelligence and national security advisory services, software engineering and cyber services, and situational awareness training to the United States government and its allies, as well as select commercial clients. McNally acquired Orbis out of McNally Capital Fund II, the firm’s committed buyout vehicle. McNally Capital is a family-owned private equity firm targeting thesis-driven investments in the U.S., specifically founder and management-owned companies.
The Ropes & Gray team that represented McNally Capital was led by private equity partner Timothy Castelli (Chicago), and included private equity associate James Davis (Chicago), executive compensation & benefits partner Jennifer Cormier (Boston), tax partner Aaron Harsh (Boston), finance partners Andrea Hwang (New York) and Alexander Zeltser (Boston), and asset management partner Matthew Posthuma (Chicago).