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In 1998, Generac sold its portable products division to the Beacon group, a private equity firm, who later sold it to Briggs & Stratton Corporation. Upon expiration of a non-compete agreement related to the sale in 2007, Generac re-entered the portable generator market in 2008. [7] In late 2006, Generac was purchased by CCMP Capital of New York ...
In 2000, [4] the company acquired its consumer generator business from the Beacon Group and formed Briggs & Stratton Power Products. The Beacon Group had previously purchased the Consumer Products Division of Generac Corporation (now Generac Power Systems ) in 1998.
Shares of Generac Holdings, the parent company of Generac Power Systems, closed at more than a two-year high last week. The company will report third-quarter earnings on Oct. 31.
Retrieved from "https://en.wikipedia.org/w/index.php?title=Generac_Power_Systems,_Inc.&oldid=1076383943"
As a damaging hurricane season continues to knock out power supplies to communities across the US, Generac Power Systems says it is recalling thousands of portable generators due to the risk of ...
Generac Power Systems will provide battery storage systems and other equipment under a $440 million U.S. Department of Energy electric reliability improvement project in Puerto Rico.
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