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Press Release · August 3, 2026

The McLean Group Advises TENICA Global Solutions on Majority Investment by McNally Capital

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The McLean Group Advises TENICA Global Solutions on Its Majority Investment from McNally Capital

TYSONS, Va., August 2, 2026 — McNally Capital ("McNally"), a private investment firm that partners with founder, family, and management led businesses across the national security, defense, and industrials ecosystems, has made a majority investment in TENICA Global Solutions ("TENICA" or "the Company"), a leading provider of integrated engineering, mission operations, cybersecurity, and digital modernization solutions supporting critical space, intelligence, and defense missions. The McLean Group served as financial advisor to TENICA on the transaction. McNally partnered with Nio Advisors, LLC in connection with the investment. Terms were not disclosed.

The partnership provides TENICA with access to capital, deep sector expertise, and an extensive industry network, enabling the Company to accelerate growth, expand its portfolio of differentiated capabilities, and continue investing in its highly specialized workforce, while preserving the mission focused culture and operational excellence that have defined the organization to date.

Founded in 2008 and headquartered in Chantilly, Virginia, TENICA provides mission support to the U.S. government across the national security, intelligence, space, defense, and cybersecurity markets. The Company has built a trusted reputation supporting customers throughout the U.S. Intelligence Community and the Department of War. Its longstanding customer relationships and differentiated engineering, cybersecurity, and digital modernization capabilities position TENICA to support the evolving needs of intelligence and defense agencies. TENICA will continue operating under its established leadership team, with McNally serving as a strategic partner in support of the Company's long term growth objectives.

Nicholas Scherling, President and CEO of TENICA, noted that the Company has spent nearly two decades building its reputation by tackling some of the nation's most complex national security challenges through technical excellence, trusted partnerships, and an unwavering commitment to its clients. He added that McNally understands what makes TENICA unique and brings the resources and expertise to support continued growth without losing sight of the mission, culture, and client focus that define the organization, positioning the Company to deliver greater strategic advisory services, custom digital engineering software, and operational execution in support of American national security while creating new opportunities for its people.

Nicholas Scherling · President and CEO, TENICA Global Solutions

The investment further strengthens McNally's national security portfolio by adding a market leading provider of intelligence, cyber, and space mission support with longstanding client relationships across the Intelligence Community. TENICA's differentiated systems engineering and mission operations capabilities provide a strong foundation for continued organic growth, and the transaction aligns with McNally's strategy of building leading businesses that serve evolving defense and intelligence priorities while generating long term, sustainable growth.

Ward McNally, Co-CEO and Managing Partner of McNally Capital, said TENICA exemplifies the type of business the firm seeks to partner with, citing its longstanding client relationships, differentiated engineering and mission operations capabilities, and highly capable, highly cleared workforce. He noted that these qualities will become increasingly important as the country continues investing in and expanding next generation national security capabilities, and that with demand growing for advanced space, cyber, and digital modernization capabilities across the U.S. government, McNally believes TENICA is exceptionally well positioned to support those priorities.

Ward McNally · Co-CEO and Managing Partner, McNally Capital

Transaction Advisors. The McLean Group served as financial advisor to TENICA Global Solutions, and PilieroMazza served as legal counsel to the Company. Ropes & Gray LLP served as legal counsel to McNally Capital, and Venable LLP provided government contracting counsel.

TENICA Global Solutions is a leading provider of national security, defense, cybersecurity, and information technology solutions supporting the U.S. Intelligence Community, the Department of War, and other federal customers. Founded in 2008 and headquartered in Chantilly, Virginia, TENICA delivers mission critical capabilities spanning IT engineering and architecture, digital modernization, cyber defense, cloud and enterprise IT, mission resilience, program management, and acquisition support. Learn more at www.tenica.com.

McNally Capital is a Chicago based private equity firm that seeks thesis driven majority investments in founder, family, and management led businesses, focusing on lower middle market companies in aerospace and defense, national security, and industrial technology and services. Founded in 2008 by Ward McNally, the firm applies Atlas, its proprietary value creation operating system, and is currently investing out of McNally Capital Fund III, LP. Learn more at www.mcnallycapital.com.

The McLean Group is a middle market investment bank providing mergers and acquisitions, valuation advisory, and financial consulting services to businesses nationwide. Headquartered in Tysons Corner, Virginia, the firm has deep expertise in defense, government services, security, and technology sectors. Learn more at www.mcleanllc.com.

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