ayout 1 - The Jordan Company
Transcription
ayout 1 - The Jordan Company
TJC THE JORDAN COMPANY Overview The Jordan Company is a private investment firm that specializes in buying and building businesses in partnership with management. Our transactions provide liquidity for owners, raise capital for corporate growth and create significant equity opportunities for key management. We are long-term investors who seek to build value over time. TJC was founded in 1982 and today is managed by John W. Jordan II, Jonathan F. Boucher, A. Richard Caputo, Jr., Adam E. Max, Thomas H. Quinn and David W. Zalaznick. The senior team has been making investments together for over two decades, creating one of the most experienced and stable investment teams in the private equity business. The partners of The Jordan Company and its affiliates have successfully completed over 90 investments. TJC has approximately $6 billion of capital under management and targets middle market companies with enterprise values between $100 million and $2.0 billion. In 1988, we formed the Operations Management Group (“OMG”) to work with and add value to portfolio companies by assisting with strategy, organization, human resources, cost reduction initiatives, and market expansion and acquisitions. TJC THE JORDAN COMPANY investment strategy The Jordan Company makes private equity investments in established, well-managed and consistently profitable businesses with enterprise values from $100 million to over $2 billion. Our investment approach is to acquire successful companies and support these investments with a hands-on, value-added strategy to generate superior investment returns. The Jordan Company seeks to invest in a wide range of industries including, but not limited to, the following: • Aerospace and Defense • Automotive Aftermarket Parts • Building Products • Business Services • Chemicals • Consumer Products • Distribution • Education • Energy • Financial Services • Healthcare • Industrial Products • Insurance • Metals • Packaging • Retail • Transportation and Logistics • Telecom The Jordan Company targets companies with a history of revenue growth, high operating margins and reasonable capital requirements. In addition, TJC looks for businesses that have management teams with a proven track record of success. We are convinced that strong management is the key to business success. In our transactions, management always has a significant equity stake. We not only look for good businesses, but for good operating partners whose knowledge, experience and skill will continue to assure the long-term success of the companies they run. TJCʼs superior investment performance can be attributed, in part, to our hands-on operating support, which focuses on strategies to enhance internal growth and to identify and execute on acquisition opportunities. In 1988, TJC established an operations management group (“OMG”) with the primary objective of creating additional value by assisting the management teams at its portfolio companies. Where appropriate, we use a hands-on operating strategy to transform small or regional businesses into large, integrated enterprises through a combination of internal growth and strategic acquisitions. . TJC THE JORDAN COMPANY operations management group (omg) TJC brings an operational focus to portfolio companies and add-on acquisitions through the Operational Management Group (“OMG”). The OMG's primary objective is to create value by assisting the management teams of portfolio companies in identifying and executing expansion and cost reduction plans. The OMG is comprised of a team of seasoned operations executives with global experience in all areas of business operations. Primary intervention with our operating partners varies on a case-by-case basis. Often, the OMG is involved in monitoring portfolio company performance, evaluating and supporting upgrades in management resources, cost-reduction programs and market expansion. TJC has extensive experience in establishing and acquiring operations in Europe, Asia, and Latin America, with particular expertise in China and Eastern Europe. We have facilities, seasoned executives, and professional relationships in the major centers of international commerce. Our international resources are available for the benefit of all our portfolio investments. TJC, through its OMG, established manufacturing resources in China in 1995. Since then, the OMG has been instrumental in a number of acquisitions, joint ventures and startups in China. TJC THE JORDAN COMPANY Investment Professionals Managing Principals Managing Principal Jonathan F. Boucher Mr. Boucher joined The Jordan Company in 1983. Mr. Boucher has led the firmʼs investments in Sensus, Ltd., ICMS Holdings, Inc., Reinhold Industries, Inc. and Zest Anchors, Inc., as well as other investments in a variety of industries. He has served on the board of directors of several TJC portfolio companies, currently including ICMS Holdings, Inc., Sensus, Ltd. and Zest Anchors, Inc. Previously, Mr. Boucher was a senior lender at Manufacturer Hanover Trust Company. Mr. Boucher holds a B.A. degree in Economics from Williams College. Managing Principal A. Richard Caputo, Jr. Mr. Caputo joined The Jordan Company in 1990. Mr. Caputo has led the firmʼs investments in Universal Technical Institute, Inc., Safety Insurance Group, Inc., TAL International Group, Inc., The Techs Holdings, Inc., Harvey Gulf International Marine, Inc., as well as others in a variety of industries. He has served on the board of directors of several TJC portfolio companies, currently including Olympus Re Holdings, Ltd., TAL International Group, Inc., Safety Insurance Group, Inc., Kinetek, Inc., and Universal Technical Institute, Inc. Previously, Mr. Caputo was with the High Yield Corporate Finance group of Prudential-Bache Capital Funding. Mr. Caputo is a member of the board of directors of the National Rowing Foundation and the Brown University Athletics Advisory Board. He received a B.A. in Mathematical Economics from Brown University. Managing Principal Adam E. Max Mr. Max joined The Jordan Company in 1986. Mr. Max has led the firmʼs investments in Wound Care Holdings, LLC, Harrington Holdings, Inc. and Production Resource Group, Inc. as well as others in a variety of industries. Mr. Max has served on the board of directors of several TJC portfolio companies, currently including Wound Care Holdings, LLC, Harrington Holdings, Inc. and Production Resource Group. He is a Trustee of the Brooklyn Academy of Music and Prep for Prep. Mr. Max is also a Trustee of the Collegiate School in New York City and currently chairs the schoolʼs Investment Committee. He received a B.A. in English and History from Brown University. TJC THE JORDAN COMPANY Investment Professionals (Cont.) Managing Principals Chairman and Managing Principal John W. Jordan II Mr. Jordan founded The Jordan Company in 1982 and is the Chairman of the firm. Prior to founding TJC, he spent nine years with Carl Marks & Co., Inc. He has served on the board of directors of several TJC portfolio companies, currently including Sensus, Ltd., TAL International Group, Inc., TJCC Holdings, LLC, TTS, LLC and Wound Care Solutions, LLC. Mr. Jordan is a Trustee of the University of Notre Dame and serves as Chairman of the Investment and Finance Committee. He also serves on the boards of the Lyric Opera and Art Institute of Chicago, as well as many other community boards. Mr. Jordan received an A.B. in Business Administration from the University of Notre Dame and attended Columbia Universityʼs Graduate School of Business. Managing Principal Thomas H. Quinn Mr. Quinn joined The Jordan Company 1988. Mr. Quinn established the Operations Management Group in 1988 and continues to lead the U.S. and China OMG teams as well as leading the firmʼs investments in IMM Holdings, Ltd. and Omnimedia Group, Inc. He has served on the board of directors of several TJC portfolio companies, currently including Healthcare Product Holdings Inc., Sensus, Ltd., TJCC Holdings, LLC, TTS, LLC, Wound Care Solutions, LLC and Zest Anchors, Inc. Previously, Mr. Quinn was a Group Vice President for Baxter International, Inc. Mr. Quinn holds an A.B. degree in Economics from the University of Notre Dame and attended Cornell Universityʼs Graduate School of Economics. Managing Principal David W. Zalaznick Mr. Zalaznick co-founded The Jordan Company in 1982. Prior to founding TJC, Mr. Zalaznick was a partner in the Carl Marks Leveraged Buyout Group. He serves on the boards of directors of several TJC portfolio companies including Cequel Communications, LLC, Sensus, Ltd., TAL International Group, Inc., TJCC Holdings, LLC and Wound Care Solutions, LLC. Mr. Zalaznick is also Chairman of Jordan/Zalaznick Advisers, the investment adviser to JZ Equity Partners PLC, a publicly traded closed-end fund. He is a Trustee and Vice Chairman of the Board of Cornell University and serves as Chairman of the Finance Committee and as a member of the Private Equity Committee. He also serves on the Board of Overseers for Columbia Business School. Mr. Zalaznick holds a B.A. in Economics from Cornell University and an M.B.A. from Columbia Universityʼs Graduate School of Business. TJC THE JORDAN COMPANY Investment Professionals (Cont.) Principals Principal David M. Butler Mr. Butler joined The Jordan Company in 1994. Mr. Butler has led the firmʼs investments in TTS, Inc and Worldwide Clinical Trials, Inc. Mr. Butler serves on the board of directors of TTS, LLC and Worldwide Clinical Trials, Inc. He received a B.A. in English and Economics from the University of Notre Dame and a J.D. from Fordham University School of Law. Principal Michael R. Denvir Mr. Denvir joined The Jordan Company in 1998. Since joining TJC, he has worked with several portfolio companies including Precision Engineered Products Holdings, Inc., Sensus, Ltd., The Techs Holdings, Inc., ICMS Holdings, Inc., Worldwide Clinical Trials, Inc. and Zest Anchors, Inc. Mr. Denvir currently serves on the board of directors of Worldwide Clinical Trials, Inc. and Zest Anchors, Inc. He holds a B.A. degree in Economics from the University of Notre Dame. Principal Brian J. Higgins Mr. Higgins joined The Jordan Company in 1999. Since joining TJC, he has worked with several portfolio companies including Safety Insurance Group, Inc., Lincoln Industrial Corporation, Precision Engineered Products Holdings, Inc., TAL International Group, Inc., Olympus Re Holdings, Ltd., Sensus, Ltd. and Production Resource Group, Inc. He currently serves on the board of directors of TAL International Group, Inc., Olympus Re Holdings, Ltd., Production Resource Group, Inc. and Harvey Gulf International Marine, Inc. Previously, Mr. Higgins was with the Global Natural Resources Group at Lehman Brothers. Mr. Higgins received a B.A. in Economics fromWilliams College. Principal Eion Hu Mr. Hu joined The Jordan Company in 1999. Since joining TJC, he has worked with several portfolio companies including Professional Paint Inc., Cequel Communications, LLC, Wound Care Holdings, LLC, Harrington Holdings, Inc. and Haas International Group, Inc. He currently serves on the board of directors of Wound Care Holdings, LLC, Harrington Holdings, Inc. and Haas International Group, Inc. Previously, Mr. Hu worked in the Mergers and Acquisitions Group at Salomon Smith Barney. Mr. Hu received an A.B. in Economics from Harvard University and an M.B.A. from Harvard Business School. TJC THE JORDAN COMPANY Investment Professionals (Cont.) Principals Principal Joseph C. Linnen Mr. Linnen joined The Jordan Company in 1993. For the first ten years at TJC, Mr. Linnen focused on sourcing, originating, evaluating, negotiating and leading the execution of acquisition transactions. Since 2003, he has focused all of his time on sourcing, originating and evaluating transactions on behalf of TJC. He currently serves on the board of directors for Worldwide Clinical Trials, Inc. Mr. Linnen is Chairman Emeritus of the La Lumiere School Board of Trustees and he is currently Co-Chair of its Courageous Vision Capital Campaign. Mr. Linnen received a B.S. in Business Administration with concentration in Finance from the University of Notre Dame. Principal Douglas J. Zych Mr. Zych joined The Jordan Company in 1995. Since joining TJC, he has worked with several portfolio companies including Lincoln Industrial Corporation, WH Energy, Safety Insurance, Precision Engineered Products Holdings, Inc., Sensus, Ltd., and TAL International Group, Inc. He currently serves on the boards of directors of TAL International Group, Inc., Reinhold Industries, Inc. and Kinetek, Inc. Previously, Mr. Zych was an investment banker in the Mergers & Acquisitions group of Merrill Lynch & Co. Mr. Zych received a B.S. in Business Administration from the University of Notre Dame. TJC THE JORDAN COMPANY Investment Professionals (Cont.) Vice Presidents Vice President Ian F. Arons Mr. Arons joined The Jordan Company in 2003. Since joining TJC, he has worked with several portfolio companies including The Techs Holdings, Inc., TTS, Inc., Harrington Holdings, Inc., Wound Care Holdings, LLC, Production Resource Group, Inc. and Zest Anchors, Inc. He currently serves on the board of directors for Harrington Holdings, Inc., Production Resource Group, Inc. and Zest Anchors, Inc. Previously, Mr. Arons worked in the Global Leveraged Finance Group at Lehman Brothers. He holds a B.S. degree in Business Economics and Public Policy from Indiana Universityʼs Kelley School of Business. Vice President Erik J. Fagan Mr. Fagan joined The Jordan Company in 2004. Since joining TJC, he has worked with several portfolio companies including Precision Engineered Products Holdings, Inc., Sensus, Ltd. and Reinhold Industries, Inc. Mr. Fagan is also intimately involved with all of TJCʼs activities in China including monitoring for current portfolio companies, IMM Holdings, Ltd. and Omnimedia Group, Inc. Previously, Mr. Fagan worked in the Global Natural Resources Group at Lehman Brothers. He received a B.A. in Economics from Williams College. Vice President Jeffrey B. Miller Mr. Miller joined The Jordan Company in 2003. Since joining TJC, he has worked with several portfolio companies including Professional Paint, Inc., TAL International Group, Inc., ICMS Holdings, Inc. and Haas International Group, Inc. He currently sits on the Board of Directors for Haas International Group, Inc., and Harvey Gulf International Marine, Inc. Previously, Mr. Miller worked in the Global Industrial Group at Lehman Brothers. He received a B.S. in Industrial & Labor Relations from Cornell University. Vice President M. Brad Wilford Mr. Wilford joined The Jordan Company in 2002. Since joining TJC, he has worked with several portfolio companies including Olympus Re Holdings, Ltd., Sensus, Ltd. and Cequel Communications, LLC. He currently serves on the board of directors for Kinetek, Inc. Previously, Mr. Wilford worked in the Mergers & Acquisitions Group at Salomon Smith Barney. He received a A.B. in Economics from Harvard University. TJC THE JORDAN COMPANY Investment Professionals (Cont.) Senior Associates Senior Associate Peter D. Suffredini Mr. Suffredini joined The Jordan Company in 2006. Since joining TJC, he has worked with several portfolio companies including WCT Holdings, Ltd., Harvey Gulf International Marine, Inc. and Zest Anchors, Inc. Previously, Mr. Suffredini worked in the Global Energy Group at Citigroup. He holds a B.S. degree in Business Administration from Babson College. Senior Associate Daniel S. Williams Mr. Williams joined The Jordan Company in 2006. Since joining TJC, he has worked with several portfolio companies including Harrington Holdings, Inc., Production Resource Group, Inc., and Haas International Group, Inc. Previously, Mr. Williams worked in the Leveraged Finance Group at JPMorgan. He received a B.A. in Economics from Northwestern University. TJC THE JORDAN COMPANY Investment Professionals (Cont.) Associates Associate Dan D. Pezley Mr. Pezley joined The Jordan Company in 2007. Previously, Mr. Pezley worked in the Healthcare Investment Banking group at Bear, Stearns & Co. Inc. He received a B.S. in Finance from Indiana Universityʼs Kelley School of Business. Associate John C. Straus Mr. Straus joined The Jordan Company in 2008. Previously, he worked in the Mergers and Acquisition Advisory Group at Gleacher Partners LLC. He received a Bachelor of Science Magna Cum Laude from The Wharton School at the University of Pennsylvania. TJC THE JORDAN COMPANY Investment Professionals (Cont.) Investor Relations Chief Investor Relations Officer Kristin A. Custar Ms. Custar joined The Jordan Company in 2007. Ms. Custar oversees all of TJCʼs marketing, investor relations and public relations activities as well as fundraising efforts. Previously, Ms. Custar was the Director of Investor Relations at First Reserve Corporation. Prior to First Reserve, she spent two years working at GE Equity and also spent four years at Arthur Andersen in the Transaction Advisory Group. Ms. Custar received a B.S. degree in Finance from the University of Illinois at Urbana and an M.B.A. from the University of Chicago. Accounting & Finance Vice President and Controller Peter Carbonara Mr. Carbonara joined The Jordan Company in 2007. Previously, he was a Vice President at Crystal River Capital, Inc., a real estate investment company. Prior to Crystal River capital, Mr. Carbonara was a VP Controller at Private Export Funding Corporation . He received his B.S. in Accounting from St. Johnʼs University and he is a certified public accountant and a member of the American Institute of Certified Public Accountants. Chief Financial Officer Paul R. Rodzevik Mr. Rodzevik joined The Jordan Company in 1985. Previously, Mr. Rodzevik was an accountant at M. Reffsin & Company, a New York based accounting firm. He received a B.A. in Accounting from Hofstra University. TJC THE JORDAN COMPANY U.S. & China Operations Management Group professionals President, U.S. Operations Group Mark Emery Mr. Emery joined TJC in 2008 as President of the U.S. Operations Management Group. Prior to TJC, he was President and Chief Executive Officer of Northstar Aerospace Inc., a publicly held company (NAS) and prior to Northstar, Mr. Emery served as President and Chief Executive Officer of Indalex Aluminum Solutions Group. He is an experienced international executive who has held senior level positions with several companies located in the United Kingdom, including as President of Caradon Terrain Ltd., President of Hubbard Group, and President of Maraux CVC Ltd. He began his career at McKinsey & Company. Mr. Emery earned a B.S. degree in Civil Engineering from Bristol University, and an MBA from the University of Chicago. Senior Vice President and CFO, Operations Management Group Lisa M. Ondrula Ms. Ondrula has been with a TJC affiliate since 1994 and currently serves as the Senior Vice President and CFO. She has had various financial roles with emphasis on financial reporting and analysis, debt offerings, acquisitions and diverstitures. Ms. Ondrulaʼs current responsibilities also include overseeing the financial reporting for the company's China operations. Ms. Ondrula assists portfolio companies in setting up treasurial functions and accounting systems and controls. Previously, she worked at Ernst & Young, LLP. Ms. Ondrula has a B.S. in Accounting from Miami University and is a CPA. Senior Vice President, The Jordan Company China Andrew W. Rice Mr. Rice joined a TJC affiliate in 1989 and has held numerous strategy, international business development and investment positions. He currently serves as Senior Vice President of International Business for a TJC affiliate. Mr. Rice has participated in over 30 joint ventures in China, India, Malaysia, Russia, the Czech Republic, Spain, England, Israel, Mexico and Brazil for the Company. Mr. Rice is actively involved with TJCʼs North America companies in coordinating North American development activities in China. Mr. Rice holds a B.S. in Industrial Engineering and an M.S. in Engineering Administration, both from New Mexico State University. TJC THE JORDAN COMPANY unique capabilities in china TJC, through the OMG, commenced its China initiative in 1994 and established manufacturing resources in China in 1995. We now own or have joint ventures in numerous manufacturing companies in China that produce such items as plastic injection molded products, aluminum die castings, electric motors and controls, and coal mining equipment among other products. TJC has established an operations office in Beijing and a Mergers and Acquisition office in Shanghai, each with a full executive staff. TJC is actively involved in sourcing acquisitions and startup ventures, including stand-alone equity investments in China. TJC THE JORDAN COMPANY current portfolio companies Name Date Acquired Industry Headquarters Haas International Group, Inc. 2006 Industrial Products West Chester, PA Harrington Holdings, Inc. 2007 Healthcare Cleveland, OH International Mining Machinery Ltd. 2006 Energy Cequel Communications, LLC Harvey Gulf International Marine, Inc. Kinetek, Inc. 2006 2008 2006 Telecom Services Energy Industrial Products St. Louis, MO Houston, TX China Deerfield, IL Olympus Re Holdings, Ltd. 2006 Financial Services Hamilton, Bermuda Reinhold Industries, Inc. 2006 Industrial Products Santa Fe Sprigs, CA Production Resource Group, Inc. Sensus, Ltd. 2007 2003 Business Services Industrial Products Raleigh, NC Business Services Chicago, IL TAL International Group, Inc. 2004 Financial Services Worldwide Clinical Trials, Inc. 2007 Healthcare Service Logic, LLC Wound Care Holdings, LLC Zest Anchors, Inc. 2004 2006 2009 New Windsor, NY Healthcare Healthcare Purchase, NY Beverly Hills, CA Jacksonville, FL Escondido, CA TJC THE JORDAN COMPANY Former portfolio companies Below is a select list of our former portfolio companies. Name Acadia Elastomers Corporation Roanoke, Virginia American Safety Razor Company Verona, Virginia Auto Ventshade Company Lawrenceville, Georgia Benchcraft, Inc. Blue Mountain, Mississippi Capita Technology, Inc. Deerfield, Illinois Carmike Cinemas, Inc Columbus, Georgia Custom Chrome, Inc. Morgan Hill, California Dura-med Industries, Inc. Jesup, Georgia Fastsigns International, Inc. Carrollton, Texas Flavor and Fragrance Group Holdings, Inc. Deerfield, Illinois Fleet Graphics Holdings, Inc. Deerfield, Illinois Industry Description Industrial Products Automotive and industrial rubber products Consumer Products Manufacturer of razor blades, cotton products and soap Automotive Aftermarket Parts Consumer Products Business Services Consumer Products Automotive Aftermarket Parts Manufacturer of automotive aftermarket products Manufacturer of upholstered furniture Provider of e-Business solutions to businesses Movie theatre chain Supplier of motorcycle aftermarket accessories Healthcare Manufacturer and distributor of medical supplies Business Services International franchiser of FASTSIGNS Business Services Supplier of specialty graphics Industrial Products Flavor and fragrance products TJC THE JORDAN COMPANY Former portfolio companies (Cont.) Name Industry Description Gator Industries, Inc. Miami, Florida Consumer Products Manufacturer of injection molded footwear Retail Krispy Kreme® franchise Gear For Sports, Inc. Lenexa, Kansas Glazed Investments LLC Chicago, Illinois Great American Cookie Co. Atlanta, Georgia Healthcare Products, Inc. Deerfield, Illinois Jackson Products, Inc. Chesterfield, Missouri Jordan Telecommunications Products, Inc. Deerfield, Illinois Lepage's Industries Pittsburgh, Pennsylvania Lincoln Industrial Corporation St. Louis, Missouri N&B Industries, Inc. Paramus, New Jersey Newflo Corporation Austin, Texas PBT Brands, Inc. Hartford, Connecticut Consumer Products Custom imprinted and embroidered apparel and other products Retail Franchiser of fresh-baked cookie outlets Healthcare Provider of home healthcare mobility products Industrial Products Industrial highway and welding safety products Telecom Manufacturer of telecommunication equipment and supplies Consumer Products Manufacturer of adhesive tapes and stationary products Industrial Products Lubrication pumps and systems Consumer Products International manufacturer of frames and mat board for custom framing market Industrial Products Chemicals Manufacturer of industrial valves, pumps and meters Automotive maintenance and repair chemical products and aircraft sealant products TJC THE JORDAN COMPANY Former portfolio companies (Cont.) Name Piece Goods Shops, Inc. Winston-Salem, North Carolina Polaris Pool Systems, Inc. San Marcos, California Precision Engineered Products Holding, Inc. Denver, Colorado Professional Paint, Inc. Denver, Colorado Rally Manufacturing, Inc. Miami, Florida Rockshox, Inc. Colorado Springs, Colorado Rockwood Industries, Inc. Beltsville, Maryland Safety Insurance Group, Inc. Boston, Massachusetts Seagull Lighting Products, Inc. Riverside, New Jersey The Techs Pittsburgh, Pennsylvania Universal Technical Institute, Inc. Denver, Colorado W-H Energy Services, Inc. Houston, Texas Industry Description Retail Retail fabric and home sewing chain Consumer Products Manufacturer of automatic swimming pool cleaners Industrial Products Building Products Automotive Aftermarket Parts Manufacturer of highly engineered precious and base metal parts and plastic components Architectural paints and coatings Manufacturer of automotive aftermarket accessories Consumer Products Manufacturer of bicycle components Chemicals Manufacturer of pigments and specialty chemicals Financial Services Property and casualty insurance Building Products Manufacturer of lighting fixtures Metals Manufacturer of hot-dipped galvanized flat-rolled steel Education Energy Technical facilities maintenance Oilfield services and equipment TJC THE JORDAN COMPANY contact The Jordan Company, L.P. 767 Fifth Avenue 48th Floor New York, NY 10153 Phone:(212) 572-0800 Fax:(212) 755-5263 new york The Jordan Company, L.P. John Hancock Building Suite 4040 875 North Michigan Avenue Chicago, IL 60611 Phone:(312) 573-6418 Fax:(312) 274-1247 chicago The Jordan Company China CITIC Square, 1168 Nanjing Xi Lu Floor 23, Suite 2308 Shanghai, P.R. China 200041 Phone:86-21-5292-5566 Ext. 803 Fax:86-21-5292-8600 china