Share On Social
Briggs & Stratton Acquires SimpliPhi Power
Briggs & Stratton has announced it has acquired SimpliPhi Power, a California-based manufacturer of energy storage and management systems which store solar, grid and wind power for future use by residential, commercial and industrial customers. Through this 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.
There is rapidly-growing demand for energy storage systems that provide power in the event of an outage, store excess energy to offset high electricity costs during peak times and supplement power from the utility grid. 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.
“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.”
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.
“Combining forces with Briggs & Stratton will provide SimpliPhi Power with new growth opportunities and substantial resources to lead the energy storage system market. Briggs & Stratton’s expansive distribution network, power application expertise, and commitment to innovation will accelerate our growth and our mission of providing resilient energy storage systems that create universal access to safe, reliable and affordable energy to empower people, communities and enterprises globally,” says Catherine Von Burg, CEO of SimpliPhi Power.
Latest News
Briggs To Invest In Alabama Plant
In Briggs & Stratton LLC’s first significant capital project under the company’s new ownership, the manufacturer will invest $9.4 million in new equipment and add 34 employees at its…
Rotary Announces New Manager For Upper Midwest
Rotary Corp. has appointed Roy AlderseBaes territory manager for North Dakota, South Dakota, Minnesota, Wisconsin and Iowa, according to an announcement by Mark Smith, Chief Sales Officer….
Right-To-Repair Law Passes, Automakers File Federal Suit
While the legislation that passed in Massachusetts during the November election was targeted to the automotive industry, the same principle now applies to all equipment-servicing facilities in the state…
