MelCap Partners served as Smith & Oby’s exclusive investment banker and financial advisor in the sale of the business. In an effort to provide the shareholders with liquidity, and to continue to support Smith & Oby’s strategic growth plans, MelCap was able to successfully identify the best partner for the business. As a result, Smith & Oby was sold to McNally Capital headquartered in Chicago, IL. McNally Capital is a family-owned private equity firm targeting thesis-driven investments in the U.S., specifically in founder and management owned companies.
