KPS Capital Partners’ $490 Million Acquisition Of Brunswick Fitness Business


Cravath represented Brunswick in connection with the transaction.

Brunswick Corporation has entered into a definitive agreement to sell its Fitness business to KPS Capital Partners, LP, a private investment firm, in an all-cash transaction for approximately $490 million.

Brunswick Corporation designs, manufactures, and markets recreation products worldwide.

KPS Capital Partners, LP operates as a private equity firm. The Company offers portfolio management, financial planning, and consulting services.

The Cravath team is led by partners Robert I. Townsend III (Picture) and Keith Hallam and includes associates Matthew L. Ploszek, Matthew G. Jones and Martin P. Pepeljugoski on M&A matters; partners Andrew W. Needham and Christopher K. Fargo, senior attorney Andrew Carlon and associate Andrew T. Davis on tax matters; partner Jennifer S. Conway and associate Christopher C. Gonnella on executive compensation and benefits matters; partners Michael S. Goldman, Andrew J. Pitts and D. Scott Bennett and senior attorney Christopher J. Kelly on financing matters; partner Matthew Morreale on environmental matters; senior attorney Joyce Law and practice area attorney Laurel R. Berkowitz on real estate matters; senior attorney Jesse M. Weiss and foreign associate attorney Stephanie The on antitrust matters; and practice area attorney Anthony N. Magistrale on intellectual property matters. Maria Ricaurte and Gabriel J. Rust-Tierney also worked on M&A matters.

Involved fees earner: Scott Bennett – Cravath Swaine & Moore; Laurel Berkowitz – Cravath Swaine & Moore; Andrew Carlon – Cravath Swaine & Moore; Jennifer Conway – Cravath Swaine & Moore; Andrew Davis – Cravath Swaine & Moore; Christopher K. Fargo – Cravath Swaine & Moore; Michael Goldman – Cravath Swaine & Moore; Christopher Gonnella – Cravath Swaine & Moore; Keith Hallam – Cravath Swaine & Moore; Matthew Jones – Cravath Swaine & Moore; Christopher Kelly – Cravath Swaine & Moore; Joyce Law – Cravath Swaine & Moore; Anthony N. Magistrale – Cravath Swaine & Moore; Matthew Morreale – Cravath Swaine & Moore; Andrew Needham – Cravath Swaine & Moore; Martin Pepeljugoski – Cravath Swaine & Moore; Andrew Pitts – Cravath Swaine & Moore; Matthew Ploszek – Cravath Swaine & Moore; Maria Ricaurte – Cravath Swaine & Moore; Gabriel Rust?Tierney – Cravath Swaine & Moore; Stephanie The – Cravath Swaine & Moore; Robert Townsend III – Cravath Swaine & Moore; Jesse Weiss – Cravath Swaine & Moore;

Law Firms: Cravath Swaine & Moore;

Clients: Brunswick Corporation;

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Author: Ambrogio Visconti