Briggs & Stratton Takes Minority Stake in Accelerated Systems, Inc.

KPS Capital Partners Acquires Briggs & Stratton

September 15, 2020

Manufacturing

KPS Capital Partners, through a newly formed affiliate, acquired substantially all assets of Briggs & Stratton Corporation in a Section 363 sale following the Company's Chapter 11 filing, for approximately $550 million. KPS provided $265 million of DIP financing, secured committed exit financing, and named Steve Andrews as President and CEO to lead a relaunch of the company as a well-capitalized independent manufacturer.

Electrical Components International Acquires Aerosystems International, Inc.

April 21, 2023

Manufacturing

Electrical Components International (ECI), a Cerberus-backed global supplier of electrical distribution systems, has acquired Aerosystems International (ASI), a Montreal-based manufacturer of electrical distribution and control systems serving the aerospace market. The acquisition expands ECI's aerospace capabilities and global reach, leveraging ASI's engineering, design and manufacturing expertise to deepen partnerships with OEMs and support growth in high-value aerospace segments.

Automated Systems (ASI) Acquires American Bank Systems (ABS) with Support from Banyan Software

January 10, 2025

Software

Automated Systems, Inc. (ASI) has acquired American Bank Systems (ABS), a provider of loan origination and compliance-focused software for U.S. community banks. The transaction was completed with support from Banyan Software and will integrate ABS's CoPilot and BankManager products into ASI's core banking platform as part of Banyan's Financial Institutions Group to expand ASI's capability set for community banks.

Briggs & Stratton Acquires SimpliPhi Power

September 7, 2021

Energy

Briggs & Stratton has acquired SimpliPhi Power, an Oxnard, California-based designer and manufacturer of lithium ferro phosphate (LFP) energy storage and management systems. The acquisition expands Briggs & Stratton's product portfolio into the fast-growing energy storage systems market and will leverage Briggs & Stratton's distribution network to accelerate SimpliPhi's growth across residential, commercial and industrial end markets.

Incline Equity Partners Invests in Advanced Solutions International

October 30, 2025

Software

Incline Equity Partners has made a private equity investment in Advanced Solutions International (ASI), a cloud engagement-management software provider serving associations, trade unions and nonprofit organizations. Incline will partner with ASI’s management team to support product expansion, innovation and continued growth of ASI’s iMIS and complementary cloud offerings.

The Exigent Group Acquires Smith-Boughan Mechanical and Electrical Automation Systems (EASI)

July 23, 2024

HVAC & Mechanical

Huron Capital portfolio company The Exigent Group acquired Smith-Boughan Mechanical and Electrical Automation Systems (EASI) in two separate add-on transactions. The deals mark the sixth and seventh add-ons to the Exigent platform since its August 2022 launch and expand the platform's geographic footprint and integrated HVAC, plumbing, and controls capabilities across the Midwest and Mid-Atlantic.