Praesidian Capital Successfully Exits Investment In Mission Critical Electronics, Inc.

NEW YORK – October 21, 2016 – Praesidian Capital, a leading provider of senior and subordinated capital for small and mid-sized businesses, announced today that it has successfully exited its investment in Mission Critical Electronics, Inc. (“Mission Critical,” or the “Company”), a leading manufacturer of specialized electronic products for the emergency / specialty vehicle, marine and telecommunications industries. Praesidian’s exit was in concert with a sale of the business by Evolve Capital (“Evolve”).

Praesidian initially invested in the Company in December 2012 and then increased its investment over the past two years to finance the acquisition of ASEA Power Systems, a manufacturer and servicer of power conversion systems for yachts and the acquisition of Power Products Unlimited, Inc., a supplier of replacement batteries, chargers and related accessories for two-way radios, bar code scanners and other wireless devices.

“Praesidian was an excellent partner and provided flexible capital that enabled Mission Critical to execute its roll up strategy resulting in a world class electronics platform” said Ryan Shultz, Partner of Evolve Capital.

Glenn Harrison, Partner of Praesidian Capital, commented that “Mission Critical is a market leader and proved to be a great investment. It was a pleasure partnering with the Company as well as with the Evolve team and we wish them continued success.”

About Praesidian Capital
About Praesidian Capital Praesidian Capital is an innovative private investment firm focused on providing senior and subordinated debt along with growth capital to private lower middle market businesses in the United States, United Kingdom, Germany, and selectively in Northern Europe. Praesidian invests in established small and mid-sized companies, often in connection with management buyouts, recapitalizations, and refinancings. Based in New York with an office in London, Praesidian manages nearly $1 billion in committed capital. For more information, visit

Media Contacts: The Abernathy MacGregor Group
(213) 630-6550
Rivian Bell,
Kristin Cole,