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