Briggs & Stratton’s Acquisition of SimpliPhi Power

Wilson Sonsini Goodrich & Rosati advised SimpliPhi Power on the deal.

Briggs & Stratton, a recognized global leader in providing power to get work done, has acquired SimpliPhi Power, a California-based manufacturer of energy storage and management systems that store solar, grid, and wind power for future use by residential, commercial, and industrial customers. The terms of the deal were not disclosed.

Through the acquisition, Briggs & Stratton will accelerate its growth into the energy storage system market, expanding the business to offer a comprehensive range of products that provide safe, reliable, and affordable energy solutions to a broader group of customers in this fast-growing market.

SimpliPhi Power designs and manufactures efficient, non-toxic, and enduring energy storage and management systems that utilize lithium-ion batteries to store power generated by residential solar panels, among other sources. Briggs & Stratton intends to offer SimpliPhi Power products through its own distribution channels, in addition to continuing to service SimpliPhi Power’s existing distribution channels.

The Wilson Sonsini team that advised SimpliPhi Power on the acquisition included: Bob O’Connor (Picture), Carlos Ellerbe, Virginia Harris, Leslie Stolper, Alisa Banda, Shivang Patel, Chi-Fei Wang, Manja Sachet, Michelle Wallin, Kristen Stidham, Michael Klippert, Jason Chan, Todd Hahn and Greg Broome.

 

Involved fees earner: Gregory Broome – Wilson Sonsini Goodrich & Rosati; Jason Chan – Wilson Sonsini Goodrich & Rosati; Carlos Ellerbe – Wilson Sonsini Goodrich & Rosati; Todd Hahn – Wilson Sonsini Goodrich & Rosati; Virginia Harris – Wilson Sonsini Goodrich & Rosati; Michael Klippert – Wilson Sonsini Goodrich & Rosati; Bob O’ Connor – Wilson Sonsini Goodrich & Rosati; Shivang Patel – Wilson Sonsini Goodrich & Rosati; Manja Sachet – Wilson Sonsini Goodrich & Rosati; Kristen Stidham – Wilson Sonsini Goodrich & Rosati; Leslie Stolper – Wilson Sonsini Goodrich & Rosati; Michelle Wallin – Wilson Sonsini Goodrich & Rosati; Chi-Fei Wang – Wilson Sonsini Goodrich & Rosati;

Law Firms: Wilson Sonsini Goodrich & Rosati;

Clients: SimpliPhi Power;

Author: Martina Bellini