PHI Industrial successfully completes the sale of Insulation Technology Group (ITG) to TJC, LP
07/02/24, 1:05 PM
Location
Industry
manufacturing
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 Info
Location
New York, New York, United States
Company info
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.