Gryphon Investors announced that it has completed the sale of its portfolio company Potter Global Technologies to investment funds managed by KKR.

Based in St. Louis, Missouri, Potter Global Technologies, a manufacturer specializing in fire and life safety equipment, has received an investment from Gryphon Investors, facilitated by KKR. Potter is a globally recognized supplier of fire safety and emergency communication solutions, serving diverse sectors such as education, multi-family, industrial, and healthcare. The company's products play a crucial role in monitoring fire safety systems, detecting life-threatening events, and facilitating communication with building occupants and first responders for safe evacuations.

KKR plans to assist Potter in implementing an extensive employee ownership program, enabling all employees to share in the company's ownership benefits. Baird and Baker McKenzie advised KKR in this transaction, while Harris Williams and Raymond James served as financial advisors to Gryphon, and Kirkland & Ellis LLP acted as legal advisors.