TJC L.P. (formerly known as The Jordan Company) is an American private equity firm focused on leveraged buyout and management buyout investments in smaller middle-market companies across a range of industries.

The firm, a limited partnership 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.US firm The Jordan Company closes $3.6bn mid-market fund AltAssets, February 2008

Among the dozens of current and past investments completed by TJC are American Safety Razor Company,Jordan's Founder Adds American Safety Razor. New York Times, April 19, 1989American Safety Razor Is Being Acquired. New York Times, February 16, 1999 Bojangles' Famous Chicken 'n Biscuits (in conjunction with Durational Capital Management), Carmike Cinemas, Fannie May,Fannie May Candy In Jordan Co. Deal. New York Times, November 6, 1991 Great American Cookie, Harvey Gulf, Lepage's Industries,Suit Accuses 3M Of Tape Monopoly. New York Times, June 12, 1997 Lincoln Industrial Corporation, Newflo Corporation,INVENSYS WILL SELL ITS METERING UNIT. New York Times, October 23, 2003 RockShox, Rockwood Industries, TAL International Group,AEGON, FOCUSING ON INSURANCE, SELLS CONTAINER UNIT. New York Times, November 5, 2004UK Klesch acquires Transamerica Maritime Containers in $1.2 billion deal AltAssets, November 2004 Universal Technical Institute and Vivid Imaginations.UK's Phoenix Equity Partners backs secondary buy-out of toy maker Vivid Imaginations AltAssets, January 2003

It acquired ACR Electronics and Drew Marine in November 2013.

In 2018, the company raised $3.63 billion for its fourth fund, according to a filing with the Securities and Exchange Commission. 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.

In 2021, the company purchased a majority share of engineered plastics manufacturer Spartech from Nautic Partners for an undisclosed amount.Diana Barr, "St. Louis-based manufacturer Spartech acquired by The Jordan Co.," St. Louis Business Journal, May 10, 2021.

In 2023, TJC announced its purchase of L3Harris's Commercial Aviation Solutions division for $800 million. The business was relaunched in 2025 as Acron Aviation.

References

External links