KPS Capital Partners agrees to buy Briggs & Stratton assets for about $550M

KPS Capital Partners agreed to acquire substantially all assets of Briggs & Stratton, including foreign subsidiary equity, for about $550 million as Briggs & Stratton filed for Chapter 11, with KPS also providing $265 million in DIP financing.

“KPS will acquire substantially all of the assets of Briggs & Stratton, including equity of foreign subsidiaries, for approximately $550 million.”newswire.ca

• 1 source
• newswire.caKPS Capital Partners Agrees To Acquire Substantially All Of The Assets Of Briggs & Stratton Corporation, Including Equity Of Foreign SubsidiariesJul 20, 2020

Summarized from public sources; check the original articles before acting on it.