# 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.

- Type: Acquisition
- Announced: 2020-07-20
- Where: United States
- Value: $550.0M
- Status: announced
- Products: engines, outdoor power equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [KPS Capital Partners](https://endata.com/companies/1184.md) (acquirer)
- [Briggs & Stratton](https://endata.com/companies/4317.md) (target)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/kps-capital-partners-agrees-to-acquire-substantially-all-of-the-assets-of-briggs-amp-stratton-corporation-including-equity-of-foreign-subsidiaries-800211009.html), 2020-07-20: "KPS will acquire substantially all of the assets of Briggs & Stratton, including equity of foreign subsidiaries, for approximately $550 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.