Briggs & Stratton Acquires Simpliphi Power, Enters Energy Storage System Market
Briggs & Stratton 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.
Through this acquisition, states Briggs & Stratton, the company will accelerate its growth into the energy storage system market, expanding the business to offer a range of products “that provide safe, reliable and affordable energy solutions to a broader group of customers in this fast-growing market.”
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.
“This acquisition quickly establishes a strong position for Briggs & Stratton in the high-growth energy storage system market,” says Steve Andrews, president and CEO of Briggs & Stratton. “The SimpliPhi Power team brings deep application expertise, strong technical support and proven, successful products to the Briggs & Stratton portfolio of power-agnostic products and technology solutions.”
SIMPLIPHI POWER
www.simpliphipower.com.
BRIGGS & STRATTON
www.briggsandstratton.com
