Announced
Completed
Financials
Tags
Private
Acquisition
Domestic
Private Equity
Single Bidder
United States
Auto Parts
Friendly
Majority
aftermarket parts
Completed
Synopsis
Genstar Capital, a private equity firm focused on investments in targeted segments of the industrials, financial services, healthcare, and software industries, completed the acquisition of Arrowhead Engineered Products, a global provider of non-discretionary, proprietary branded, aftermarket replacement parts for a wide variety of motorized vehicles and equipment, from The Riverside Company, a private equity firm, and Investcorp, a global provider and manager of alternative investment products. Financial terms were not disclosed. "We look forward to working with our new partners at Genstar. They have significant experience creating growth with companies like Arrowhead. There is tremendous runway for us to continue expanding our quality aftermarket product offering. Listening to our customers is key for the rapid development and commercialization of new products that help advance our brand and relationships across existing and new markets," John Mosunic, Arrowhead CEO.
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