Harris Williams & Co. Advises Potter Electric Signal Company, LLC on its Sale to Gryphon Investors

December 20, 2017

Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide for more than 25 years, announces that it advised Potter Electric Signal Company, LLC (Potter) on its sale to Gryphon Investors (Gryphon). Potter was held by private shareholders, including Two Rivers Associates, LLC and Dobbs Management Service, LLC. Potter is a leading global designer and manufacturer of fire and life safety systems.  Harris Williams & Co. served as the exclusive advisor to Potter. The transaction was led by John Arendale, Eric Logue, Jenson Dunn and Chris Toussaint of Harris Williams & Co.’s Industrials Group.

“Potter is a market leader in a growing industry, supported by an outstanding management team. What makes Potter even more special is they provide technologies that save lives every day,” said John Arendale, a managing director at Harris Williams & Co. “We are excited to have delivered a successful outcome for the company and its shareholders.”

“Potter has a bright future, and we are excited to follow their continued success as they enter their next phase of growth,” added Eric Logue, a director at Harris Williams & Co. “The transaction enhances our track record of strong results in the industrial technology sector.”

Potter is a fire and life safety company based in St. Louis, Missouri.  The company was founded in 1898 and designs and manufactures highly engineered sprinkler monitoring products, fire systems and security solutions for use in commercial, industrial, multi-family and residential buildings around the globe.  

Based in San Francisco, Gryphon is a leading private equity firm focused on profitably growing and competitively enhancing middle market companies in partnership with experienced management. For five consecutive years, Gryphon has been ranked in Preqin’s prestigious quarterly PE report as one of North America’s top-decile firms based on consistency of strong investment returns. Managing over $2.5 billion of equity investments and capital since 1997, the firm has an extensive track record of leading equity investments of $50 million to $200 million per portfolio company with sales ranging from approximately $100 million to $500 million. Gryphon prioritizes investment opportunities where it can form proactive partnerships with owners and executives to build leading companies, utilizing Gryphon’s capital, specialized professional resource and operational expertise.

Harris Williams & Co. (www.harriswilliams.com), a subsidiary of the PNC Financial Services Group, Inc. (NYSE:PNC), is a preeminent middle market investment bank focused on the advisory needs of clients worldwide. The firm has deep industry knowledge, global transaction expertise, and an unwavering commitment to excellence. Harris Williams & Co. provides sell-side and acquisition advisory, restructuring advisory, board advisory, private placements and capital markets advisory services.

Harris Williams & Co.’s Industrials Group has experience across a variety of sectors, including advanced manufacturing; aggregates, metals, and mining; building products; chemicals and specialty materials; industrial technology; and packaging. For more information on the firm’s Industrials Group and other recent transactions, visit the Industrials Group’s section of the Harris Williams & Co. website.

Investment banking services are provided by Harris Williams LLC, a registered broker-dealer and member of FINRA and SIPC, and Harris Williams & Co. Ltd, which is a private limited company incorporated under English law with its registered office at 5th Floor, 6 St. Andrew Street, London EC4A 3AE, UK, registered with the Registrar of Companies for England and Wales (registration number 07078852). Harris Williams & Co. Ltd is authorized and regulated by the Financial Conduct Authority. Harris Williams & Co. is a trade name under which Harris Williams LLC and Harris Williams & Co. Ltd conduct business.