Deal Details

Ariens Sells Sterns to Arrowhead

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Summary

About

Stens supplies original and replacement parts and accessories to more than 50,000 customers worldwide through its United States and International distribution network. Stens includes the Stens® brand sold directly to independent power equipment dealers and the JThomas™ Parts brand sold directly to professional landscape contractors. Stens is based in Jasper, Indiana.

Ariens is a privately-owned and operated corporation focused on outdoor products that serve the needs of both consumer and professional customers. Established in 1933, Ariens manufactures original outdoor power equipment under the Ariens®, Gravely®, Sno-Tek®, Countax® and Westwood® brands. As a distributor of specialty equipment, supplies and gear, Ariens Company serves niche outdoor segments through direct marketing brands Gempler’s®, Ben Meadows® and AW Direct®. Ariens is based in Brillion, Wisconsin.

Arrowhead is a supplier of non-discretionary, mission-critical, aftermarket replacement parts for a wide variety of motorized vehicles, across the powersports, outdoor power equipment, agricultural & industrial, marine, heavy-duty and automotive end-markets. With distribution and sourcing locations in North America, Europe and Asia, Arrowhead employees service over 10,000 customers on a daily basis. Arrowhead is based in Blaine, Minnesota.

Riverside is a global private equity firm focused on making control and non-control investments in growing businesses valued at up to $400 million. Since its founding in 1988, Riverside has invested in more than 430 transactions. The firm’s international portfolio includes more than 80 companies.

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