The Jordan Co., L.P. has completed its acquisition of the assets of The Techs (a Pennsylvania limited partnership) for an undisclosed consideration.

The transaction was conducted through The Techs Industries, Inc., a company formed by Jordan. The acquisition was funded by equity capital provided by The Resolute Fund, LP, a private equity fund managed by Jordan, and members of The Techs' senior management.

Jordan expects to work in partnership with The Techs' management team to build the company both internally and through strategic acquisitions.

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The Techs, North America’s largest independent manufacturer of hot-dipped galvanized flat-rolled steel, produces approximately 1,000,000 tons annually in a wide range of gauges, widths, coating weights and properties tailored to meet their customers' specific needs. The company sells its products to a variety of industries including HVAC, Commercial Construction, Residential Construction, and Consumer Goods. The Techs had estimated revenues of $393.5 million for the fiscal year ended December 31, 2003.

The Jordan Co., L.P. is a New York-based investment firm with approximately $2.5 billion of capital under management that has been sponsoring and investing in middle market leveraged buyout transactions for more than 20 years. Jordan currently has a portfolio of investments in over 20 businesses representing more than $4.0 billion in annual revenue.