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Chicago-based private equity firm McNally Capital and Nio Advisors have invested in defense and national security company Xcelerate Solutions in a transaction that will enable the latter to expand its offerings in enterprise security, digital transformation and strategic consulting areas and offer career development opportunities to its employees. X...

William Shaw, formerly an IBM (NYSE: IBM) executive, has been named senior vice president of business development and sales at McLean, Virginia-based information technology and management consultancy company Xcelerate Solutions. He brings more than 25 years of federal market experience to his new position and will support Xcelerate’s growth an...