The Jordan Company LP - Introduction

Introduction

767 Fifth Avenue, 48th Floor
New York, New York 10153
U.S.A.
Telephone: (212) 572-0800
Fax: (212) 755-5263
Web site: http://www.thejordancompany.com

Private Company
Founded: 1982
Employees: 25
Operating Revenues: $4 billion (2004)
NAIC: 522339 Miscellaneous Financial Investment Activities

The Jordan Company LP is a New York City-based private investment firm. Although formed in the 1980s and a practitioner of leveraged buyouts, TJC has never adopted the corporate raider approach of that era, selling assets and slashing costs as a way to realize a quick profit, however harmful to the long-term health of the acquisition. Instead, the management team, led by partners John "Jay" Jordan and David Zalaznick, prides itself on being "patient money" and taking steps to insure an acquired company is positioned for future growth. TJC targets well-run companies, enlisting management as partners by offering an equity stake in the business. TJC also makes sure the company is not overburdened with debt, then provides the capital necessary for internal growth and acquisitions. All told, TJC has completed approximately 100 major acquisitions, supplemented by the purchase of another 200 companies serving as tuck-ins. Middle market companies, worth from $50 million to $1 billion, are TJC's primary interest. The current slate of companies are involved in such industries as women's swimwear, home healthcare mobility products, electric motors and gearboxes, lubrication pumps, precision metal stamping, property and casual insurance, outsourced direct marketing, maritime containers, and private post-secondary education. A separate company, Jordan Industries, concentrates on smaller companies, owning about 20, and is essentially run by the same management team at TJC. Jordan and Zalaznick also make investments in Europe through a fund, JZ Equity Partners plc.