The Jordan Company
New York, New York, United States | |
| Products | Leveraged buyout, growth capital |
|---|---|
| Total assets | $6 billion |
Number of employees | 25+ |
| Website | www.thejordancompany.com |
The Jordan Company (TJC) is a
The firm, which is based in
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:
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
- ^ "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
- New York Times, April 19, 1989
- 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.
- 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.
- New York Times, June 12, 1997
- New York Times, October 23, 2003
- 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
- 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
- The Jordan Company (company website)