The Jordan Company (TJC) takes the long view. Along with its affiliates, the investment firm is a long-term investor that works with management of its portfolio companies to grow their business. It has completed more than 90 investments since its founding in 1982 and currently has approximately $6 billion of capital under management. TJC, which maintains a relatively small portfolio, seeks out firms valued between $100 million and $2 billion. Target industries include manufacturing, health care supplies, consumer products, telecommunications, energy, chemicals, retail, and insurance. TJC holds stakes in nearly 15 companies, including TAL International and Kinetek.
The company is eyeing China for growth. It has an operations office in Beijing and a mergers and acquisitions office in Shanghai. Since first entering the market in 1995, Jordan has made numerous investments in a range of manufacturing companies that produce items such as molded products, plastics, aluminum die castings, electric motors, and coal mining equipment.
After sitting out most of 2009 due to the lousy economic environment, TJC resumed its dealmaking, acquiring the automotive unit of Sequa Corporation in late 2012, buying dental attachment manufacturer Zest Anchors in 2010, and helping to launch aircraft leasing firm Milestone Aviation Group. It also arranged to sell medical supplies distributor HGI Holdings to investment firms Clayton Dubilier & Rice and GS Capital Partners. Another portfolio company, International Mining Machinery, went public on the Hong Kong Stock Exchange. – less