McNally Capital’s Investment in Altamira Technologies

Ropes & Gray LLP and Venable LLP acted as legal advisors to McNally Capital.

Altamira Technologies (Altamira), a market leader in delivering innovative, mission-focused analytics and engineering solutions to the U.S. national security community.

Altamira was formed to address the growing gap in mid-sized innovators that possess the ability to scale as well as the agility to adapt to a rapidly changing threat environment and technology landscape. The company has experienced a 20%+ CAGR over the past 4 years, and its multi-billion dollar set of contract vehicles position it at the forefront of continued growth and expansion into the broader defense, intelligence and homeland security markets.

McNally Capital completed this transaction in line with its model of partnering with management teams, industry experts and family offices to provide additional resources for its portfolio companies.

McNally Capital invested in the transaction alongside ClearSky, a venture capital/growth equity firm, and Nio Advisors, LLC.

In connection with the transaction, Ward McNally, Managing Partner at McNally Capital, will be joining Altamira’s board of directors.

The Ropes & Gray team included private equity partners Neill Jakobe (Picture) and Timothy Castelli, tax partner Aaron Harsh, benefits partner Josh Lichtenstein, and finance partner Alexander Zeltser and associates PJ Sullivan and Jen Cormier.

Involved fees earner: Timothy Castelli – Ropes & Gray; Jennifer Cormier – Ropes & Gray; Aaron Harsh – Ropes & Gray; Neill Jakobe – Ropes & Gray; Joshua Lichtenstein – Ropes & Gray; Paul Sullivan – Ropes & Gray; Alexander Zeltser – Ropes & Gray;

Law Firms: Ropes & Gray;

Clients: McNally Capital LLC;

Author: Ambrogio Visconti