Case Study

PGIM provides debt and acquisition financing to Mission Critical Group

Based in McKinney, Texas, Mission Critical Group serves customers with critical power needs in industries including data centers, healthcare, semiconductors, and other industrial end markets.

Mission Critical Group

At a Glance

Mission Critical Group is an existing portfolio company of Emerald Lake Capital Management, a growth-oriented private equity firm focused on middle market industrial and services companies.

In April 2026, PGIM served as Joint Lead Arranger in a Senior Credit Facility that allowed Mission Critical Group to acquire TxLa Systems and refinance its debt facilities.

This transaction highlights PGIM’s (i) speed of execution under a compressed timeframe, (ii) ability to contribute meaningfully to the facility as Joint Lead Arranger, (iii) deep institutional sector experience and (iv) long-term, relationship-oriented approach.

Relationship Since 2026
 
Transaction details:
  • $547,000,000 Senior Secured Credit Facility
  • Term Loan
  • Delayed Draw Term Loan
  • Revolving Credit Facility

“We’re thrilled to partner with Emerald Lake to support the continued growth of Mission Critical Group and their mission to help build out essential data center, power, and industrial infrastructure in the U.S.”

PJ LaFemina, Head of West Coast Sponsor Coverage and Executive Director at PGIM

<p>“We’re thrilled to partner with Emerald Lake to support the continued growth of Mission Critical Group and their mission to help build out essential data center, power, and industrial infrastructure in the U.S.”</p>

“Our transaction with PGIM provided flexible, reliable capital that further enhances Mission Critical Group’s ability to serve its customers and expand its technical capabilities. We’re excited about the company’s growth trajectory and look forward to working with PGIM as a supportive capital partner for MCG.”

Joe DeJean, Partner, Emerald Lake Capital Management

<p>“Our transaction with PGIM provided flexible, reliable capital that further enhances Mission Critical Group’s ability to serve its customers and expand its technical capabilities. We’re excited about the company’s growth trajectory and look forward to working with PGIM as a supportive capital partner for MCG.”</p>

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PJ LaFemina, CFA
PJ LaFemina, CFA

Executive Director, North America Direct Lending

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