25-Oct-2016 Source: McNally Capital
McNally Capital announced today an investment in Genesys Aerosystems, a leading provider of integrated avionics systems for military and civil aircraft manufacturers and operators.
Genesys Aerosystems offers a diverse and growing product line which includes 3D Synthetic Vision Electronic Flight Instrument Systems, S-TEC Analog and Digital Autopilots, HeliSAS® Helicopter Autopilot and Stability Augmentation System, as well as sensors and components. The company offers its systems as stand-alone components or integrated to provide entire cockpit solutions.
“We have partnered with McNally Capital because of their tremendous expertise, track record of partnering with management teams to drive growth, and capital resources. We believe they are the best partners to help grow our business over the long term,” said Roger Smith, Genesys President and CEO.
Genesys’ existing management will retain the majority interest in the company, and Genesys will continue to pursue its current strategy with the ability to deepen and broaden its existing capabilities.
“We are excited to partner with the Genesys management team in support of their strategy to expand their offerings, build additional capabilities, and grow the business,” said Ward McNally, Managing Partner at McNally Capital. “Our partnership with the Genesys management team is consistent with our strategy of partnering with the owners and managers of high quality businesses to help them achieve their long terms growth objectives.”
Brett Mitchell, Principal at McNally Capital, stated, “Genesys has established a leadership position within numerous avionics segments by developing innovative and customizable solutions that address critical customer needs. By continuing to invest in its offerings, Genesys is well positioned to expand its unique technologies and product portfolio.”