Sale to The Jordan Company

Industrial
Sale to The Jordan Company

Summary

Baird served as financial advisor to TK USA Enterprises, Inc. on this transaction

About

TK USA Enterprises, Inc. (“TKE” or “the Company”), a portfolio company of Harbour Group, was recently acquired by The Jordan Company. Terms of the transaction were not disclosed.

TKE is a leading provider of proprietary branded hardware and other complementary products for kitchen and bath applications. The Company offers a broad product portfolio, including decorative hardware, functional hardware, organizational products, bath hardware, vanities and decorative wood products under the Top Knobs, Hardware Resources, Jeffrey Alexander, Elements and Atlas Homewares brands. TKE primarily serves custom cabinet manufacturers, cabinet OEMs, kitchen cabinet dealers, showrooms and secondary retail through its network of direct sales representatives and independent sales agencies. TKE is headquartered in Dallas, Texas.

Harbour Group is a privately-owned operating company. Harbour Group and its companies are engaged in manufacturing, distribution and specialty services in multiple industries. Since its founding in 1976, Harbour Group has acquired and built 183 companies in 39 different industries. Harbour Group is based in St. Louis, Missouri.

The Jordan Company, founded in 1982, is a middle market private equity firm that manages funds with original capital commitments in excess of $8 billion with a 32-year track record of investing in and contributing to the growth of many businesses across a wide range of industries. The senior investment team has been investing together for over 20 years, and they are supported by the Operations Management Group, which was established in 1988 to initiate and support operational improvements in portfolio companies. Headquartered in New York, The Jordan Company also has offices in Chicago.

For additional information about this transaction, please contact:

Chris Cooper +1 (704) 553-6610
Chris McMahon +1 (312) 609-4983
David Wierman +1 (414) 264-2211
Nick Pavlidis +1 (312) 609-4977
Julien Darmon +44 (207) 667-8415
Eric Stetler +1 (312) 609-7022
Industrial
Sale to The Jordan Company
Date
April 2016
Company
TK USA Enterprises, Inc.
Transaction
M&A
Sectors
Industrial
Target Geography
North America
Acquiror Geography
North America

Share