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New Deal


Announced

Completed

KKR completed the acquisition of Potter Global Technologies from Gryphon Investors.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Security Equipment

United States

fire and life safety

Acquisition

Disposal

Majority

Private

Domestic

Completed

Friendly

Single Bidder

Private Equity

Synopsis

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KKR completed the acquisition of Potter Global Technologies, a manufacturer of fire and life safety equipment, from Gryphon Investors, a private equity firm. Financial terms were not disclosed. “Potter’s growth is a testament to the performance of our talented team and to our reputation as a leader in the fire and life safety industry. Our mission to protect people, buildings, and critical infrastructure across the globe underpins everything we do, and we are excited to continue furthering this mission with KKR. We are aligned on Potter’s potential and look forward to continue serving our customers through accelerated new product innovation, superior customer service, and an expanded reach domestically and internationally. Implementing KKR’s equity ownership philosophy, which will make every employee an owner, will be instrumental in achieving our potential and we are looking forward to the exciting growth that all employees together will drive as co-owners in Potter,” Gerry Connolly, Potter CEO.

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