Baird's Investment Banking Group is pleased to announce the following transaction:

Date:
August 2021
Company:
Arrowhead Engineered Products
Description:
Sale to Genstar Capital
Sector(s):
Distribution
Industrial
Baird served as a financial advisor to Arrowhead Engineered Products on this transaction

Arrowhead Engineered Products (“AEP”), a portfolio company of The Riverside Company (“Riverside”) and Investcorp, has been acquired by Genstar Capital (“Genstar”). Terms of the transaction were not disclosed.

Founded in 1985, AEP is a leading global engineer and omni-channel distributor of non-discretionary, proprietary-branded, aftermarket replacement parts for outdoor power equipment, powersports, specialty vehicles, agriculture and other diverse end markets. AEP leverages data and digital capabilities to design and engineer more than 10,000 new SKUs per year using a diverse global supplier base to provide the highest quality aftermarket replacement parts to end users. Through its strategic distribution footprint across North America and Europe, AEP delivers more than 380,000 SKUs through dealers, distributors, retailers, repair shops and e-commerce channels. AEP is headquartered in Blaine, Minnesota.

The Riverside Company is a global private equity firm focused on investing in growing businesses. Since its founding in 1988, Riverside has made more than 600 investments. Riverside’s international private equity and structured capital portfolios include more than 100 companies, with an emphasis on the specialty manufacturing and distribution, business services, consumer brands, education and training, franchisors, healthcare, software and information technology industries. Riverside is based in Cleveland, Ohio.

Investcorp is a leading global manager of alternative investments with six lines of businesses, including: private equity, real estate, absolute return investments, infrastructure, credit management, and strategic capital. As of June 30, 2021, Investcorp had $37.6 billion of assets under management.

Genstar is a leading private equity firm that has been actively investing in high quality companies for over 30 years. Genstar works in partnership with its management teams and its network of strategic advisors to transform its portfolio companies into industry-leading businesses. Genstar currently has approximately $33 billion of assets under management and targets investments focused on targeted segments of the industrials, financial services, healthcare, and software industries. Genstar is headquartered in San Francisco, California.

For additional information about this transaction, please contact:

Mike Lindemann +1-414-298-7408
Jason Kliewer +1-813-273-8242
Dan Pelech +1-414-298-1940
Nick Troyer +1-813-273-8204
Doug Henry +1-312-609-7016
Maria Watts +1-312-609-4743