The Jordan Company’s Acquisition of Potters Industries


Kirkland & Ellis advised The Jordan Company on the deal.

The Jordan Company L.P. (“TJC”) announced that one of its affiliates has closed the previously announced acquisition of Potters Industries, LLC (“Potters”), the Performance Materials segment of publicly traded PQ Group Holdings, Inc. (“PQ”,NYSE: PQG).

Operating out of a broad network of 28 production facilities, Potters is a global manufacturer of engineered glass materials and a leader in highway safety. Led by President & CEO Scott Randolph with more than 30 years of industry experience, Potters is well positioned for future growth as a standalone company.

TJC, founded in 1982, is a middle-market private equity firm with original capital commitments in excess of $13 billion. TJC has a 38-year track record of investing in and contributing to the growth of many businesses across a wide range of industries, including Industrials; Transportation & Logistics; Healthcare & Consumer; and Telecom, Technology & Utility.

The Kirkland team advising TJC included transactional partners Andrew Arons and Megan Spelman and associates Micah Kantrowitz, Philippe Simard, Adam Holzschuh and Siqi Li, debt finance partners Jason Kanner and Rachel Gray and associates Patrick Prin, and Bradley Cho, tax partners Jared Rusman and Scott Fryman and associate Ashley Flor, UK corporate partner Stuart Boyd and associates Syed Murshed and Tilly Kersley, environmental transactions partner Toby Chun and associate Michelle Sliwinski, technology & IP transactions partner Matt Lovell and associate Imani Lee, executive compensation partner Mike Krasnovsky and associates Laura Gallo and Alexandra Studwell, antitrust partners Paula Riedel and Kurt Wunderlich and associates Arjun Chandran and Jordan Goater, labor and employment partners Michael Shulman and Sydney Jones and associate Jamie Wamble, benefits partner Jeffrey Quinn and associate Chris Chase, international trade and national security partner Daniel Gerkin and litigation partner Nick Niles.

Involved fees earner: Andrew Arons – Kirkland & Ellis; Stuart Boyd – Kirkland & Ellis; Arjun Chandran – Kirkland & Ellis; Chris Chase – Kirkland & Ellis; Bradley Cho – Kirkland & Ellis; Toby Chun – Kirkland & Ellis; Scott Fryman – Kirkland & Ellis; Laura Gallo – Kirkland & Ellis; Daniel Gerkin – Kirkland & Ellis; Jordan Goater – Kirkland & Ellis; Rachel Gray – Kirkland & Ellis; Adam Holzschuh – Kirkland & Ellis; Sydney Jones – Kirkland & Ellis; Jason Kanner – Kirkland & Ellis; Micah Kantrowitz – Kirkland & Ellis; Tilly Kersley – Kirkland & Ellis; Michael Krasnovsky – Kirkland & Ellis; Imani Lee – Kirkland & Ellis; Matthew Lovell – Kirkland & Ellis; Syed Murshed – Kirkland & Ellis; Nick Niles – Kirkland & Ellis; Patrick Leonard Prin – Kirkland & Ellis; Jeffrey Quinn – Kirkland & Ellis; Paula Riedel – Kirkland & Ellis; Jared Rusman – Kirkland & Ellis; Michael Schulman – Kirkland & Ellis; Philippe Simard – Kirkland & Ellis; Michelle Sliwinski – Kirkland & Ellis; Jaime Wamble – Kirkland & Ellis; Megan Ward Spelman – Kirkland & Ellis; Kurt Wunderlich – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: The Jordan Company (TJC);

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Author: Ambrogio Visconti