Wilson Sonsini Advises SimpliPhi Power on Acquisition by Briggs & Stratton

On September 7, 2021, Briggs & Stratton, a recognized global leader in providing power to get work done,  announced that it 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. Wilson Sonsini Goodrich & Rosati advised SimpliPhi Power on the transaction.

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 includes:

Corporate
Bob O’Connor
Carlos Ellerbe
Virginia Harris

Technology Transactions
Shivang Patel
Chi-Fei Wang
Manja Sachet

Employee Benefits and Compensation
Michelle Wallin
Michael Klippert
Jason Chan

Tax
Greg Broome

For more information, please see this press release.