Roseville, CA – DCA Partners (“DCA”), is pleased to announce that Johnson Thermal Systems (“JTS”) has been acquired by Mission Critical Group (“MCG”), a newly formed electrical equipment solutions business backed by Emerald Lake Capital Management (“ELCM”). DCA is proud to have served as financial advisor to JTS on this transaction.
Founded in 2004 and operating out of a rapidly growing facility in Caldwell, Idaho, JTS has quickly become a recognized leader in the design and manufacturing of custom-engineered power packaging and industrial cooling solutions worldwide. As a family-owned business, JTS ownership felt that finding a strong financial partner would be critical as the Company entered its next phase of growth.
“Finding a partner with both the financial resources but also the technical expertise to support our key growth initiatives was very important to our family.” said Zach Erlebach, owner and principal at JTS. “From the very beginning of our conversations, we saw tremendous alignment with ELCM and their vision for MCG. We are proud that JTS will play a critical role in the development of this new platform.”
“It was a perfect match,” said Brent Haapanen, who led the sale process on behalf of DCA. “From the cultural fit, to the operational expertise of the principals, to the long-term vision for the platform, there was alignment every step of the way. The integration of JTS into the MCG platform should be a tremendous outcome for both parties, as well as their respective customers and partners.”
JTS will continue to offer its suite of integrated design and manufacturing solutions while being supported by the complementary system design and application engineering, manufacturing, on-site professional services and ongoing support capabilities of the broader MCG platform.
About DCA Partners
DCA Partners is a diversified financial services firm operating three synergistic business lines. DCA’s Mergers & Acquisitions advisory group advises clients across a broad spectrum of transaction-related dynamics, specializing in family-owned transactions with both buyers and sellers. The firm’s Private Equity team invests growth and buyout capital into promising, growth-oriented businesses throughout the Western U.S. DCA’s Family Office investment platform provides institutional-quality debt and equity capital to talented real estate, real assets and private equity sponsors.
About Johnson Thermal Systems
Since 2004, JTS has made it its mission to provide true solutions for customers′ needs. JTS’s strength is in its systems-based approach; by looking at the customer’s entire process, JTS offers solutions best suited to each customer’s specific needs. JTS is proud to offer custom-engineered cooling and power packaging solutions, not just products out of a catalog.
About Mission Critical Group
Formed initially as a combination of Mission Critical Facilities International out of Austin, Texas and Johnson Thermal Systems out of Caldwell, Idaho, MCG’s thesis focuses on the impacts of an increasingly strained grid infrastructure, the drive for further electrification and the ever-increasing impacts and opportunities from exploding information technology applications as major tailwinds to support.
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