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TAG: kps ca

Briggs & Stratton enters into sale agreement, reorganization under Chapter 11

July 20, 2020By

Briggs & Stratton Corp. has entered into a stock and asset purchase agreement with KPS Capital Partners (KPS), a private equity firm. The Milwaukee Journal Sentinel reports KPS has agreed to buy all Briggs’ assets for approximately $550 million. “Over the past several months, we have explored multiple options with our advisers to strengthen our financial position and flexibility,” said... read more