Jordan Company
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]
Private | |
Industry | Private equity |
Founded | 1982 |
Founder | John W. Jordan II |
Headquarters | New York, New York, United States |
Products | Leveraged buyout, growth capital |
Total assets | $6 billion |
Number of employees | 25+ |
Website | www.thejordancompany.com |
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]
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]
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
- 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
- The Jordan Company to acquire Harvey Gulf for $500m AltAssets, July 21, 2008
- 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.