Potter will be introducing three new products. Firstly, the CoilKeeper will monitor the coil/actuator that operates the releasing solenoid used in preaction and deluge systems. Secondly, the SignaLink wireless system can monitor any dry-contact switch such as tamper or flow switches and transmit their status wirelessly to any fire alarm panel. Lastly, the Intellicheck that can monitor leak rate, system pressure, compressor runtime, and ambient temperature in dry and preaction systems.
Potter announces the acquisition of the company by leading global investment firm KKR from prior private equity sponsor, Gryphon Investors. This change in ownership groups is an opportunity for Potter to strengthen its business while providing customers with even better technology and customer service.
Potter has built its 125-year reputation by expanding the business and bringing exciting new technology to the industry; all while maintaining the exceptional customer service that has long been their trademark. The company is proud to provide service and support that, while uncommon in the industry, is what customers truly deserve. This is how Potter separates itself from the competition. Potter's approach to business is to treat its customers with respect, providing them the tools to operate successfully. The acquisition by KKR will provide Potter additional resources to better serve their customers, bring more exciting new technology to the industry, and continue their growth as a global leader in the fire and life safety industry.
"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."
— Gerry Connolly, CEO