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PHI Industrial successfully completes the sale of Insulation Technology Group (ITG) to TJC, LP

Jul 02, 2024•about 1 year ago

Acquiring Company

TJC

Acquired Company

Insulation Technology Group

New YorkFrankfurtManufacturing

Description

PHI Industrial has closed the sale of its portfolio company Insulation Technology Group (ITG) to TJC, LP (formerly known as The Jordan Company). ITG, a leading provider of electrical insulation solutions for the global utility market, is a manufacturer of high and ultra-high voltage porcelain insulators, and has a global workforce of over 1,200 employees. The acquisition will provide ITG with additional support and leadership from TJC to further drive growth and prosperity in the industry.

Company Information

Company

TJC

Location

New York, New York, United States

About

TJC, LP (formerly known as The Jordan Company) is a private equity firm specializing in the acquisition and management of industrial companies. The company focuses on providing support and leadership to drive growth and prosperity for its portfolio companies. TJC seeks to partner with sustainability-minded businesses and is committed to expanding relationships and accelerating growth for its acquisitions.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed