M&A Deal Summary

TJC and Aurora Capital Partners Acquire PSC Group

On April 4, 2024, private equity firms TJC and Aurora Capital Partners acquired transportation company PSC Group from Aurora Capital Partners

Acquisition Highlights
  • This is TJC’s 10th and Aurora Capital Partners’ 2nd transaction in the Transportation sector.
  • This is TJC’s 88th and Aurora Capital Partners’ 37th transaction in the United States.
  • This is TJC’s 3rd and Aurora Capital Partners’ 2nd transaction in Louisiana.

M&A Deal Summary

Date 2024-04-04
Target PSC Group
Sector Transportation
Buyer(s) TJC
Aurora Capital Partners
Sellers(s) Aurora Capital Partners
Deal Type Recapitalization

Target

PSC Group

Baton Rouge, Louisiana, United States
website
PSC Group is a provider of product handling and site logistics services for the petrochemical, refining, midstream, and marine transportation end market. PSC Group was founded in 1952 and is based in Baton Rouge, Louisiana.

Search 192,860 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 2

Buyer

TJC

New York, New York, United States

website


Category Private Equity Firm
Founded 1982
PE ASSETS 14.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

TJC is a private investment firm that specializes in acquiring North American middle-market businesses operating in basic industries. TJC specifically looks to provide liquidity for shareholders, raise capital for corporate growth and 'create significant equity opportunities for key management'. TJC will consider opportunities valued from $100 million to $2 billion in a wide variety of industries. Sectors of interest include aerospace/defense, automotive, building products, chemicals, consumer products, distribution, energy, financial services, healthcare, industrial products, insurance, metals, packaging, retail, transportation/logistics, and telecom. TJC was formerly known as The Jordan Company. The Firm was formed in 1982 and is based in New York City.


DEAL STATS #
Overall 91 of 91
Sector (Transportation) 10 of 10
Type (Recapitalization) 4 of 4
State (Louisiana) 3 of 3
Country (United States) 88 of 88
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-02 TIDI

Neenah, Wisconsin, United States

TIDI is a manufacturer, marketer, and distributor of a diversified portfolio of medical products focused on supporting caregivers and protecting patients. Based in Neenah, WI, the Company's broad product set is designed to help customers prevent "Never Events" (medical errors that should never occur), reduce costs, increase efficiencies, and drive better patient outcomes. TIDI Products was founded in 1969 and is based in Neenah, Wisconsin.

Buy -
Buyer

Aurora Capital Partners

Los Angeles, California, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1991
PE ASSETS 4.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Aurora Capital Partners is a private investment firm that manages private equity funds as well as investment vehicles focused on debt/equity securities. Targeted businesses are generally industry leaders that operate in defensible markets with sustainable margins. Sectors of interest include aerospace, industrial products, and services, packaging, plastics, distribution, manufacturing, media, retail, and chemicals. Aurora will only consider majority/control positions. Aurora's investment horizon is typically three to seven years. Aurora Capital Partners was formed in 1991 and is based in Los Angeles, California.


DEAL STATS #
Overall 38 of 38
Sector (Transportation) 2 of 2
Type (Recapitalization) 1 of 1
State (Louisiana) 2 of 2
Country (United States) 37 of 37
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-02 Universal Pure

Lincoln, Nebraska, United States

Universal Pure is a provider of outsourced high-pressure processing (HPP), cold storage and pre-HPP and post-HPP value-added services to help food and beverage companies safely bring longer-lasting, cleaner-label products to market. Universal Pure was founded in 2001 and is based in Lincoln, Nebraska.

Buy -

Seller(S) 1

SELLER

Aurora Capital Partners

Los Angeles, California, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1991
PE ASSETS 4.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Aurora Capital Partners is a private investment firm that manages private equity funds as well as investment vehicles focused on debt/equity securities. Targeted businesses are generally industry leaders that operate in defensible markets with sustainable margins. Sectors of interest include aerospace, industrial products, and services, packaging, plastics, distribution, manufacturing, media, retail, and chemicals. Aurora will only consider majority/control positions. Aurora's investment horizon is typically three to seven years. Aurora Capital Partners was formed in 1991 and is based in Los Angeles, California.


DEAL STATS #
Overall 23 of 23
Sector (Transportation) 1 of 1
Type (Recapitalization) 1 of 1
State (Louisiana) 1 of 1
Country (United States) 22 of 22
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-02 Universal Pure

Lincoln, Nebraska, United States

Universal Pure is a provider of outsourced high-pressure processing (HPP), cold storage and pre-HPP and post-HPP value-added services to help food and beverage companies safely bring longer-lasting, cleaner-label products to market. Universal Pure was founded in 2001 and is based in Lincoln, Nebraska.

Buy -