Potter Acquires TowerIQ, a Specialist in Wireless Life-Safety Systems
Potter will expand its capabilities in life-safety and emergency communication systems by providing wireless communications technology.
Potter Electric Signal Co. acquired TowerIQ for undisclosed terms.
ST. LOUIS — Potter Electric Signal Co., based here, has acquired TowerIQ, a designer and manufacturer of emergency communication systems with offices in New York, Florida and Kiev.
Terms of the transaction were not disclosed.
The acquisition will allow Potter to expands its capabilities in life-safety and emergency communication systems by providing partners and end users with state-of-the-art wireless communications technology, according to an announcement.
“The technology offered by TowerIQ is in the evolving and fast-growing field of public safety two-way radio communication enhancement systems [RCES], which includes auxiliary radio communication systems [ARCS] and related monitoring equipment,” states Potter CEO Gerry Connolly.
Connolly continues, “Since their founding, TowerIQ has been a leader in creating advanced technology that gives first responders the ability to communicate effectively and uninterrupted during an emergency. We are excited to invest in TowerIQ’s technological development and support the management team’s growth strategy.”
Connor Crowley, CEO of TowerIQ, expresses his expectations for the company’s growth potential under Potter’s venerable brand and infrastructure.
“Potter has over 120 years of experience as a leader in the fire protection industry and we are thrilled to become a part of that history. Our goal at TowerIQ is to ensure first responders can safely communicate during an emergency,” Crowley says. “Our wireless communications technology will remain on the forefront of the industry. Combined with Potter’s experience as a leading manufacturer in the fire protection industry, TowerIQ will have the tools to reach new heights and better serve our customers.”
Potter has been a leading supplier of fire and security products since 1898, when Charles E. Potter developed some of the industry’s first electronically coded signals for monitoring both burglar and fire alarm systems and their transmission to central monitoring stations.
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