06 30 2020 The Jordan Company Resolute Fund V 200831...Resolute I Raised $1.5 billion in commitments...

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Company Overview SEPTEMBER 2020

Transcript of 06 30 2020 The Jordan Company Resolute Fund V 200831...Resolute I Raised $1.5 billion in commitments...

Page 1: 06 30 2020 The Jordan Company Resolute Fund V 200831...Resolute I Raised $1.5 billion in commitments 2007 Resolute II Raised $3.6 billion in commitments 2013 Resolute III Raised $3.2

Company OverviewSEPTEMBER 2020

Page 2: 06 30 2020 The Jordan Company Resolute Fund V 200831...Resolute I Raised $1.5 billion in commitments 2007 Resolute II Raised $3.6 billion in commitments 2013 Resolute III Raised $3.2

I. TJC’s Evolution

II. Overview

III. Team

IV. Investment Strategy

V. AppendixMeeting Agenda

PAGE 1 | PROPRIETARY & CONFIDENTIAL

Confidential and not for distribution. This presentation was prepared for a meeting between The Jordan Company and a current or eligible prospective investor. Updated August 31, 2020.

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PAGE 2 | PROPRIETARY & CONFIDENTIAL

I. TJC’s Evolution1982

The Jordan CompanyFounded as a private investment partnership focused on leveraged buyouts and recapitalizations

1986

Institutional CapitalFirst dedicated institutional capital raised resulting in $870 million invested from 1986 to 2002

1988

OperationalInitiativeEstablished Operations Management Group (“OMG”) to support and grow portfolio companies

2002

Resolute IRaised $1.5 billion in commitments

2007

Resolute IIRaised $3.6 billion in commitments

2013

Resolute IIIRaised $3.2 billion in commitments

2016

ManagementJay Jordan retires from TJC

2020

Resolute VTargeting $4 billion in commitments

2018

Resolute IVRaised $3.6 billion in commitments

2012

TransitionRich Caputo and Jay Jordan became Co-CEOs

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PAGE 3 | PROPRIETARY & CONFIDENTIAL

FOUNDED IN

1982

STRATEGY

Middle-market private equity firm investing in businesses across a wide range of industries, primarily in North America

TEAM

21 yrsaverage tenure of Investment Partners at TJC

ORIGINATION CAPABIL IT IES

90%of deal flow away from Wall Street for Resolute I, II, III, and IV based on number of deals

AGGRESSIVE M&A STRATEGY

236add-on acquisitions completed since 2002

VALUE-ADD STRATEGY

$9.5 billionof equity value created since 2002 for Resolute I, II, III, and IV

GP ALIGNMENT OF INTEREST

Top 10investor for Resolute I, II, III, and IV

$495 millionTotal GP Commitment on over $11.0 billion in original commitments since 2002

ORIGINAL COMMITMENTS IN EXCESS OF

$11 billion

Note: As of June 30, 2020 unless otherwise noted. Please see Endnotes on Pages 18-19.

II. Overview

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PAGE 4 | PROPRIETARY & CONFIDENTIAL

III. Team

- Executive Committee

- Partnership Board

- Investment Committee (Resolute III, IV, and V)

Dave ButlerPartner

Consumer and Healthcare

Mike DenvirPartner

Industrials

Brian Higgins Partner

Transportation and Logistics

Eion HuPartner

Technology, Telecom and Utility

Kristin CustarPartner

Investor Capital Group

Rich CaputoChief Executive Partner

Jeb BoucherPartner

Ugo UdePartner

General Counsel & CCO

Pete SuffrediniPartner

John Straus Partner

Peter CarbonaraPartner

CFO

Lisa OndrulaPartner

Co-Head of OMG

Dan PezleyPartner

Business Development

Dan WilliamsPartner

Mark BurggraaffOperating Partner

OMG

Christina MurrayOperating Partner

OMG

Robbie RedmondVice President

Marti SilberVice President

Investor Capital Group

Barry Gallup, Jr.Vice President

Mark EmeryPartner

Co-Head of OMG

Doug ZychPartner

Capital Markets

Joe LinnenPartner

Business Development

Ian AronsPartner

Don OrosVice President

OMG

Ryan DrummVice President

Investor Capital Group

Jim SikorskiVice President

Jeff DombekSenior Associate

OMG

Nick StormSenior Associate

OMG

Tyler HuberVice President

Jeff MillerPartner

Erik FaganPartner

Brad WilfordPartner

Associates & Analysts

Anthony Arocho Nick Bradley Caroline Chiaroni Natalie Cikos

Chris Hlebasko Zain Lakhani Dino LaValle Tanner Lee

Billy Liss You-You Ma Colin Macri

Sean Mahon Kristin Mendez Teresa Ricotta

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PAGE 5 | PROPRIETARY & CONFIDENTIAL

Investment Parameters and Investment Approach

IV. Investment Strategy

TRUE MIDDLE MARKET$25M TO $75M

OF EBITDA AND<$1B ENTERPRISE VALUE

FRAGMENTED INDUSTRIESPURSUE MICRO M&A

STRATEGY WITHIN PORTFOLIO

OPERATIONAL IMPROVEMENTSIDENTIFY OPPORTUNITIES TO

ENHANCE PROFITABILITY

CASH FLOW CONVERSIONPROVIDE FLEXIBILITY TO

BUILD VALUE

TEAM APPROACHCOLLABORATE WITH

COACHABLE MANAGEMENTPARTNERS

AVOID HIGH VOLATILITYNO COMMODITIES

Use our Resources and Experience to Make Good Businesses Better

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General Disclaimer

PAGE 6 | PROPRIETARY & CONFIDENTIAL

This material is prepared for, and authorized for use by, designated institutional and professional investors and their consultants or for such other use asmay be authorized by The Jordan Company, L.P. (“TJC”). This material and/or its contents are current at the time of writing (or such other dates as may beindicated herein) and may not be reproduced or distributed in whole or in part, for any purpose, without the express written consent of TJC. This material isnot intended to constitute investment advice or an offer to sell, or the solicitation of an offer to purchase, interests in any fund or other product sponsored ormanaged by TJC or any of its affiliates. Any offer of interests in a fund or other product sponsored by TJC will be made solely pursuant to a definitiveConfidential Offering Memorandum together with any supplements thereto (collectively, the “OM”). The information in the OM supersedes this informationin its entirety and the information contained herein is qualified in its entirety by reference to the OM. Any decision by a prospective investor to invest shouldbe made only after a thorough review of the OM and the partnership agreement and subscription agreement related to the applicable sponsored fund orproduct (collectively, the “Fund Documents”). Where there is inconsistency between this document and the Fund Documents, the Fund Documents willapply. Any views expressed herein are those of the author(s), are based on available information, and are subject to change without notice. Pastperformance is no guarantee of future results.