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- Potters Industries
Potters Industries Acquisition & Valuation
Potters Industries was acquired by Macquarie Asset Management for $1.1B in November 2025.
Potters Industries acquisition price
$1.1B
Acquired by Macquarie Asset Management · Nov 2025
Potters Industries EBITDA multiple at acquisition
11.0x
EV/EBITDA · Nov 2025
Key investors in Potters Industries
UniSuper
Partners Capital
About Potters Industries
Potters Industries is a leading producer of engineered glass materials headquartered in Cinnaminson, New Jersey. It manufactures glass microspheres and beads for highway safety markings, reflective paints, aerospace composites, and industrial abrasives. As the world's largest supplier of highway glass beads, the company produces over 200,000 tons annually compliant with AASHTO M247 standards. Potters Industries serves U.S. Department of Transportation projects, automotive manufacturers like Ford, and construction firms such as Vulcan Materials.
Founded
1914
HQ
Website
Status
Acquired
Customer focus
B2B
Revenue model
Product sales
Valuation
$1.1B (acquired Nov 2025)
Potters Industries Acquisition
Potters Industries was acquired by Macquarie Asset Management for $1.1B on 11 November 2025.
The acquisition price implies a 11.0x EBITDA multiple.
Potters Industries LLC, headquartered in Malvern, Pennsylvania, manufactures engineered glass beads and microspheres for road infrastructure applications such as transportation safety and road modernization, as well as specialized industrial uses including construction and surface finishing. The company operates 26 manufacturing and logistics sites across North America and Europe, with presence in South America and Asia. A Macquarie Asset Management-led consortium, including co-investors UniSuper (Australian pension fund investing $150 million for approximately 30% equity stake) and Partners Capital, agreed on November 11, 2025, to acquire a majority stake from TJC, L.P. (formerly The Jordan Company, which owned Potters since 2020 and advanced innovation, operational excellence, and sustainability). The deal, valued at around $1.1 billion, is expected to close in the first half of 2026 subject to regulatory approvals and customary conditions. The acquisition aligns with Macquarie Asset Management's buyout strategy targeting high-quality, stable businesses providing critical products and technologies to infrastructure end-markets in North America and Western Europe, capitalizing on structural tailwinds from road safety, modernization, and global infrastructure investment needs. It follows Macquarie's earlier 2025 acquisition of DynaGrid, a Dallas-based utility services business, in which UniSuper co-invested $100 million, highlighting Macquarie's infrastructure expertise in sourcing, diligence, and value creation. TJC highlighted Potters' strengthened foundation under its ownership, while the buyers emphasized the company's defensive growth characteristics and role in enhancing infrastructure performance.
| Acquirer | Date | Type | Price | EV/EBITDA |
|---|---|---|---|---|
| 11 Nov 2025 | PE buyout | $1.1B | 11.0x |
Potters Industries Funding History
Potters Industries has 1 recorded secondary share sale and no primary funding rounds.
| Date | Stage | Investors | Deal Summary |
|---|---|---|---|
| Nov 2025 | Secondary | Partners Capital; UniSuper | Potters Industries is a leader in engineered glass beads and microspheres used in road infrastructure and specialized industrial applications, headquartered in Malvern, Pennsylvania, with 26 manufacturing and logistics sites across North America and Europe, plus presence in South America and Asia. Macquarie Asset Management, along with co-investors UniSuper and Partners Capital, signed an agreement on November 11, 2025, to acquire a majority stake from TJC, with the transaction expected to close in the first half of 2026 subject to regulatory approvals. UniSuper will hold approximately 30% equity in the deal. |
Who has invested in Potters Industries?
2 investors have backed Potters Industries across its funding rounds, including UniSuper and Partners Capital.
Potters Industries Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 2 Potters Industries investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialPotters Industries Competitors
Potters Industries competitors include listed companies like Cosmo Advanced Materials, Elkem, Victrex and Mersen, and private ones like Recover and Bluepha.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $332M | $14M | $972M | 3.4x | ||
| Publicly listed | $1.8B | $216M | $1.4B | 1.0x | ||
| Private | - | - | $1.1B | - | ||
| Publicly listed | $398M | $82M | $1.1B | 2.8x | ||
| Publicly listed | $1.4B | $154M | $1B | 1.1x | ||
| Private | - | - | $1B | - |
Potters Industries Public Comps
Potters Industries is no longer listed, but its public comps include Flotek Industries, Victrex, Petkim, Green Plains, Mersen, Ecovyst, Omnia Holdings, Chemtrade Logistics, Neo Performance Materials and OCI.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $237M | $25M | 4.9x | 3.6x | 45.6x | 24.2x | |||
| $398M | $82M | 2.9x | 2.8x | 14.1x | 12.0x | |||
| $1.8B | $167M | 1.1x | 0.8x | 11.8x | 17.4x | |||
| $2.1B | $27M | 0.7x | 0.7x | 51.7x | 5.9x | |||
| $1.4B | $154M | 1.1x | 1.1x | 9.9x | 6.7x | |||
| $724M | $139M | 2.2x | 1.7x | 11.7x | 8.4x | |||
| $1.5B | $169M | 0.7x | 0.7x | 6.6x | 6.2x | |||
| $1.4B | $318M | 1.5x | 1.3x | 6.6x | 5.7x | |||
This data is available for Pro users. Sign up to see all Potters Industries competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Potters Industries
| When was Potters Industries founded? | Potters Industries was founded in 1914. |
| Where is Potters Industries headquartered? | Potters Industries is headquartered in Philadelphia, PA, United States. |
| Is Potters Industries publicly listed? | No, Potters Industries was acquired by Macquarie Asset Management in November 2025. |
| Who acquired Potters Industries? | Potters Industries was acquired by Macquarie Asset Management in November 2025. |
| How much was Potters Industries acquired for? | Potters Industries was acquired for $1.1B in November 2025. |
| Who are Potters Industries' investors? | Potters Industries' investors include Partners Capital and UniSuper. |
| Which companies are comparable to Potters Industries? | Companies comparable to Potters Industries include Cosmo Advanced Materials, Elkem, Recover, Victrex, Mersen and Bluepha. |
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