The Jordan Company has closed its fourth flagship fund on $3.2 billion, per Buyouts, matching both its target and a predecessor that raised $3.2 billion in 2014. Both those efforts are slightly smaller than the second vehicle in the firm’s flagship series, which garnered $3.6 billion in 2008. Founded in 1982 and headquartered in New York, TJC specializes in middle-market buyouts across a range of industries, including specialty chemicals, business services, financial services and energy.
The firm has also dabbled in the logistics sector of late, buying GlobalTranz, a freight brokerage business, for a reported $400 million in June. The firm has finalized nine deals so far in 2018, per the PitchBook Platform, after completing 20 each of the past two years. TJC has also announced add-on agreements with Interamerican Motor and VER this year.