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Briggs & Stratton Exits Chapter 11 After Sale to KPS Capital

Sept. 22, 2020, 2:40 PM UTC
Elizabeth Rembert
Elizabeth Rembert
Bloomberg News

KPS Capital Partners, LP has bought substantially all Briggs & Stratton Corporation assets via a Section 363 sale, pushing Briggs & Stratton through its Chapter 11 Bankruptcy proceedings.

  • Briggs & Stratton will operate as an independent company with long-term support from KPS
    • Steve Andrews will serve as president and chief executive officer

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To contact the reporter on this story:
Elizabeth Rembert in New York at erembert@bloomberg.net

To contact the editor responsible for this story:
Chakradhar Adusumilli at cadusumilli@bloomberg.net

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