M&A Deal Summary

McNally Capital Acquires Altamira

On July 24, 2019, private equity firm McNally Capital acquired information technology company Altamira from Columbia Capital

Acquisition Highlights
  • This is McNally Capital’s 2nd transaction in the Information Technology sector.
  • This is McNally Capital’s 7th transaction in the United States.
  • This is McNally Capital’s 1st transaction in Virginia.

M&A Deal Summary

Date 2019-07-24
Target Altamira
Sector Information Technology
Buyer(s) McNally Capital
Sellers(s) Columbia Capital
Deal Type Secondary Buyout
Advisor(s) KippsDeSanto (Financial)
Cooley (Legal)

Target

Altamira

McLean, Virginia, United States
Altamira Corp. is a big data, cloud, and analytics firm serving the national security community. Altamira is a prominent developer of advanced technologies and system integration with a full spectrum of capabilities spanning the technology continuum. Altamira Corp. was founded in 1999 and is based in Mclean, Virginia.

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Buyer(S) 1

DESCRIPTION

McNally Capital is a family office that partners with other family offices to acquire and invest in lower middle-market business services and manufacturing companies. The Firm targets control or minority investments in US-based companies with $5 to $15 of EBITDA. Specific areas of interest include industrials, food/beverages, aerospace/defense, healthcare, energy, and packaging. McNally Capital was established in 2007 and is based in Chicago, Illinois.


DEAL STATS #
Overall 7 of 11
Sector (Information Technology) 2 of 3
Type (Secondary Buyout) 3 of 3
State (Virginia) 1 of 3
Country (United States) 7 of 11
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-19 Clear Fracture

Columbia, Maryland, United States

Clear Fracture is a provider of information technology products and services to government and commercial markets. Clear Fracture specializes in the design, delivery, implementation, and monitoring of automated systems with a corporate emphasis on infrastructure design, data security, incident response, continuity of operations, and information assurance. Clear Fracture was founded in 2006 and is based in Columbia, Maryland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-16 Re-Sourcing

Valhalla, New York, United States

Re-Sourcing is a provider of strategic staffing, consulting, and direct hire solutions, focusing on Compliance, Legal, Information Technology, Finance & Accounting, and HR positions. Re-Sourcing was founded in 2003 and is based in Valhalla, New York.

Buy -

Seller(S) 1

SELLER

Columbia Capital

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1989
PE ASSETS 5.0B USD
Size Large
Type Sector Focused
DESCRIPTION

Columbia Capital is a growth capital firm focused on the IT sector. The Firm looks to commit $15 to $40 million to growth stage North American and Western European companies operating in the enterprise IT, internet infrastructure, and mobile communications sectors. Columbia Capital was established in 1989 and is headquartered in Alexandria, Virginia.


DEAL STATS #
Overall 3 of 5
Sector (Information Technology) 1 of 2
Type (Secondary Buyout) 2 of 2
State (Virginia) 1 of 1
Country (United States) 2 of 3
Year (2019) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-25 Teraco

Johannesburg, South Africa

Teraco is a provider of carrier and cloud-neutral colocation data centers and with over 18 000 cross-connects. As the first provider of highly resilient, vendor-neutral data environments in sub-Saharan Africa, Teraco brings global content closer to the digital edge. Teraco was founded in 2008 and is based in Johannesburg, South Africa.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-12 2nd Watch

Seattle, Washington, United States

2nd Watch is a global system integrator, software, and deployment firm focused on IT operations. 2nd Watch offers a unique combination of software, services, and analytics to make leveraging the cloud simple. 2nd Watch was founded in 2010 and is based in Seattle, Washington.

Sell -