Chicago, IL – October 18, 2016 – Genesys Aerosystems, a leading provider of integrated avionics systems for military and civil aircraft manufacturers and operators, announced today a minority investment by McNally Capital to help support the company’s continued growth.
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. Approved for all classes of aircraft, the company’s uniquely customizable open-architecture Electronic Flight Instrument Systems dramatically reduce integration costs and schedules for both OEM and retrofit applications. Genesys Aerosystems’ industry-leading S-TEC autopilots provide solutions for Part 23 and Part 25 airframes, with STC's on nearly 1,000 airframes and more than 40,000 units shipped, and the cutting edge technology of HeliSAS improves safety and reduces workloads for both light and medium helicopter pilots.
“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.” McNally Capital has partnered with Rob Wilson, former President of Honeywell’s Business and General Aviation division, on this investment.
About Genesys Aerosystems
Genesys Aerosystems is a leading provider of integrated avionics systems for military and civil aircraft manufacturers and operators. With a diverse and growing product line, Genesys Aerosystems’ avionics systems can be offered as stand-alone components or integrated to provide an entire cockpit solution. Its synthetic vision Electronic Flight Instrument System (EFIS) revolutionized flight crew situational awareness and safety and is now approved on more than 700 models of aircraft and helicopters. Genesys Aerosystems’ newest Helicopter Stability Augmentation System and Autopilot (HeliSAS) adds to the company’s extensive offerings of S-TEC autopilot solutions and brings added safety to light piston and turbine helicopters. For more information, please visit: www.genesys-aerosystems.com.
About McNally Capital
McNally Capital is a Chicago-based private equity firm that partners with family offices and high net worth investors to make and manage direct private equity investments. We focus our efforts on investments in private companies where we can provide strategic value beyond capital. McNally Capital’s strategy is to partner with world-class management teams and ensure that they receive the resources required to successfully execute their strategic plan. We maintain a network of more than 700 family offices in the United States and abroad with whom we partner in making direct private equity investments. For more information, please visit: www.mcnallycapital.com.
