Genesys has accepted a minority investment by McNally Capital to help support continued growth.
Genesys Aerosystems offers a product line that 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,” said Roger Smith, Genesys President and CEO. “We believe they are the best partners to help grow our business over the long term.”
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.