The firm, which is based in New York City, was founded in 1982. The Jordan Company was founded by John W. Jordan II, prior to which he spent nine years at Carl Marks & Co., a merchant banking firm.
Since its founding, the firm has completed over 90 investments and raised approximately $6 billion of investor commitments across its two Jordan Resolute funds and older pledge vehicles. Jordan's 2002 fund raised $1.5 billion of commitments and its second fund in 2007 raised $3.6 billion of capital.[2]
In 2018, the company raised $3.63 billion for its fourth fund, according to a filing with the Securities and Exchange Commission.[13] In 2020, TJC joined Diligent Corporation's Modern Leadership Initiative and pledged to create five new board roles among its portfolio companies for racially diverse candidates.[14][15]
In May 2021, the company purchased a majority share of engineered plastics manufacturer Spartech from Nautic Partners for an undisclosed amount.[16]
On November 27 2023, TJC L.P. announced that it had agreed to purchase L3Harris' Commercial Aviation Solutions business for up to $800 million.[17]
Referencesedit
^"COMPANY NEWS; WILLIAMS TO SELL PAINT UNITS FOR $453 MILLION". The New York Times. May 9, 2000.
^US firm The Jordan Company closes $3.6bn mid-market fund 2008-06-12 at the Wayback Machine AltAssets, February 2008
^Jordan's Founder Adds American Safety Razor. New York Times, April 19, 1989
^American Safety Razor Is Being Acquired. New York Times, February 16, 1999
^"Bojangles', Inc., Durational Capital Management and The Jordan Company Complete Acquisition". GlobeNewswire (Press release). January 28, 2019. Retrieved July 27, 2019.
^Fannie May Candy In Jordan Co. Deal. New York Times, November 6, 1991
^Davies, Megan (July 21, 2008). "Buyout firm Jordan acquires marine transport firm". Reuters. from the original on September 28, 2020. Retrieved February 8, 2023.
^Suit Accuses 3M Of Tape Monopoly. New York Times, June 12, 1997
^INVENSYS WILL SELL ITS METERING UNIT. New York Times, October 23, 2003
^AEGON, FOCUSING ON INSURANCE, SELLS CONTAINER UNIT. New York Times, November 5, 2004
^UK Klesch acquires Transamerica Maritime Containers in $1.2 billion deal 2008-03-07 at the Wayback Machine AltAssets, November 2004
^UK's Phoenix Equity Partners backs secondary buy-out of toy maker Vivid Imaginations 2004-12-22 at the Wayback Machine AltAssets, January 2003
^Kreutzer, Laura (2018-11-30). "Jordan Co. Raises $3.63 Billion for Fund IV". Wall Street Journal. ISSN 0099-9660. Retrieved 2019-01-08.
^"AIC Members Join Diligent's Modern Leadership Initiative To Improve Board Diversity At Private Equity-Backed Businesses". American Investment Council. 2020-10-01. Retrieved 2020-12-30.
^"Modern Governance Requires Modern Leadership". diligent.com. Retrieved 2020-12-30.
^Diana Barr, "St. Louis-based manufacturer Spartech acquired by The Jordan Co.," St. Louis Business Journal, May 10, 2021.
^"L3Harris to sell its commercial aviation solutions business for $800 million". Yahoo Finance. 2023-11-27. Retrieved 2023-11-27.
External linksedit
The Jordan Company (company website)
April 13, 2024
jordan, company, other, companies, called, jordan, jordan, disambiguation, businesses, private, equity, firm, focused, leveraged, buyout, management, buyout, investments, smaller, middle, market, companies, across, range, industries, company, typeprivateindust. For other companies called Jordan see Jordan disambiguation Businesses The Jordan Company TJC is a private equity firm focused on leveraged buyout and management buyout investments in smaller middle market companies across a range of industries 1 The Jordan CompanyCompany typePrivateIndustryPrivate equityFounded1982 42 years ago 1982 FounderJohn W Jordan IIHeadquartersNew York New York United StatesProductsLeveraged buyout growth capitalTotal assets 6 billionNumber of employees25 Websitewww thejordancompany comThe firm which is based in New York City was founded in 1982 The Jordan Company was founded by John W Jordan II prior to which he spent nine years at Carl Marks amp Co a merchant banking firm Since its founding the firm has completed over 90 investments and raised approximately 6 billion of investor commitments across its two Jordan Resolute funds and older pledge vehicles Jordan s 2002 fund raised 1 5 billion of commitments and its second fund in 2007 raised 3 6 billion of capital 2 Among the dozens of current and prior investments completed by TJC are the following American Safety Razor Company 3 4 Bojangles Famous Chicken n Biscuits in conjunction with Durational Capital Management 5 Carmike Cinemas Fannie May 6 Great American Cookie Harvey Gulf 7 Lepage s Industries 8 Lincoln Industrial Corporation Newflo Corporation 9 RockShox Rockwood Industries TAL International Group 10 11 Universal Technical Institute and Vivid Imaginations 12 In 2018 the company raised 3 63 billion for its fourth fund according to a filing with the Securities and Exchange Commission 13 In 2020 TJC joined Diligent Corporation s Modern Leadership Initiative and pledged to create five new board roles among its portfolio companies for racially diverse candidates 14 15 In May 2021 the company purchased a majority share of engineered plastics manufacturer Spartech from Nautic Partners for an undisclosed amount 16 On November 27 2023 TJC L P announced that it had agreed to purchase L3Harris Commercial Aviation Solutions business for up to 800 million 17 References edit COMPANY NEWS WILLIAMS TO SELL PAINT UNITS FOR 453 MILLION The New York Times May 9 2000 US firm The Jordan Company closes 3 6bn mid market fund Archived 2008 06 12 at the Wayback Machine AltAssets February 2008 Jordan s Founder Adds American Safety Razor New York Times April 19 1989 American Safety Razor Is Being Acquired New York Times February 16 1999 Bojangles Inc Durational Capital Management and The Jordan Company Complete Acquisition GlobeNewswire Press release January 28 2019 Retrieved July 27 2019 Fannie May Candy In Jordan Co Deal New York Times November 6 1991 Davies Megan July 21 2008 Buyout firm Jordan acquires marine transport firm Reuters Archived from the original on September 28 2020 Retrieved February 8 2023 Suit Accuses 3M Of Tape Monopoly New York Times June 12 1997 INVENSYS WILL SELL ITS METERING UNIT New York Times October 23 2003 AEGON FOCUSING ON INSURANCE SELLS CONTAINER UNIT New York Times November 5 2004 UK Klesch acquires Transamerica Maritime Containers in 1 2 billion deal Archived 2008 03 07 at the Wayback Machine AltAssets November 2004 UK s Phoenix Equity Partners backs secondary buy out of toy maker Vivid Imaginations Archived 2004 12 22 at the Wayback Machine AltAssets January 2003 Kreutzer Laura 2018 11 30 Jordan Co Raises 3 63 Billion for Fund IV Wall Street Journal ISSN 0099 9660 Retrieved 2019 01 08 AIC Members Join Diligent s Modern Leadership Initiative To Improve Board Diversity At Private Equity Backed Businesses American Investment Council 2020 10 01 Retrieved 2020 12 30 Modern Governance Requires Modern Leadership diligent com Retrieved 2020 12 30 Diana Barr St Louis based manufacturer Spartech acquired by The Jordan Co St Louis Business Journal May 10 2021 L3Harris to sell its commercial aviation solutions business for 800 million Yahoo Finance 2023 11 27 Retrieved 2023 11 27 External links editThe Jordan Company company website Retrieved from https en wikipedia org w index php title The Jordan Company amp oldid 1187246591, wikipedia, wiki, book, books, library,
