Arrowhead Engineered Products Acquires Leading European Rider Gear and Parts Distributor Bihr

MEDIA CONTACTS

Arrowhead Engineered Products
Chera Gibb
corporatecommunications@arrowheadep.com

Bihr
Thierry Chonglez
thierry.chonglez@bihr.eu
+32 (497) 512 712

Alcopa
Laurent-Paul Van Steirtegem
laurent.vansteirtegem@alcopa.be

Blaine, MN and Kontich, Belgium – October 23, 2022Arrowhead Engineered Products (Arrowhead), a global leader in aftermarket parts distribution, and the shareholders of Bihr today announced the acquisition of Bihr, a leading European distributor of parts, accessories and rider equipment for motorcycles, quads/ATVs, bicycles and scooters. Headquartered in Kontich, Belgium, Bihr is in 20 countries and wholesales 350 brands and 200,000+ SKUs to a network of more than 15,000 retail dealers.

“We seek to combine with highly successful and respected organizations, making every acquisition a success and accelerating our growth to be the largest off-road aftermarket parts supplier in the world,” said John Mosunic, CEO of Arrowhead. “The combination of Bihr and Arrowhead creates a global leader in powersports with an undeniable value proposition for dealers.”

Christophe Piron, former CEO of Bihr, joins Arrowhead Engineered Products as co-president of Europe and president of powersports Europe. He will serve on Arrowhead’s executive committee.

“Bihr and Arrowhead create a company where the whole is greater than the sum of its parts,” said Piron. “We are geared up to leverage our shared expertise to expand our offerings and customer reach.”

Alcopa and the other shareholders invested in Bihr in 2010 and spearheaded the company’s European development from its origins in France. Managing Partner Damien Heymans said, “We have been the proud shareholders of Bihr for more than 10 years and are convinced that Arrowhead is now the ideal partner to carry on with the company’s growth.”

“Bihr’s first-class logistics, steadfast commitment to customer service and expanding portfolio of owned brands will be strong assets to Arrowhead. We are convinced that both parties will intensely benefit from this acquisition,” said Axel Moorkens, managing director, Alcopa.

Bihr will continue to conduct business as usual, operating and shipping from its current locations.

Weil, Gotshal & Manges LLP advised Arrowhead Engineered Products on this transaction.

About Arrowhead Engineered Products
Based in Blaine, MN, Arrowhead Engineered Products is a leading global engineer and omnichannel distributor of non-discretionary, proprietary branded, aftermarket replacement parts. The Company leverages data and digital capabilities to provide mission-critical parts for outdoor power equipment, powersports, golf cars, specialty vehicles, agriculture, and other diverse markets. With distribution and sourcing locations in North America, Europe and Asia, Arrowhead Engineered Products employees service over 100,000 customers globally. Visit www.arrowheadepinc.com for more information.

About Bihr
Founded in 1975, Bihr is a leading European distributor of parts, accessories and rider gear for motorcycles, quads/ATVs, scooters and bicycles. Its portfolio of 350 brands and 200,000+ SKUs is distributed through a growing network of more than 15,000 dealers across 20 countries. With first-class logistics and a total storage area of more than 54,500 square meters across seven warehouses, Bihr can supply almost all dealers in Europe within 24 hours. From the outset, the strength and foundation of Bihr’s exceptional success have been based on comprehensive services and first-class logistics made possible by its more than 1,000 colleagues, including 100 in-house sales representatives and 40 customer service representatives. Bihr is a one-stop shop for every riding possibility.

About Alcopa
Alcopa is a Belgian family-owned investment company. Founded in 1937 and initially active in distributing motorcycles and cars, Alcopa is now a diversified firm with 635 million euros of assets under management, holding investments in thirteen European private companies. Alcopa is a long-term industrial partner taking significant positions in sustainable mid-sized European companies.

Arrowhead Engineered Products Acquires Best4Forst

Blaine, MN – March 7, 2022 Arrowhead Engineered Products (Arrowhead), a global leader in aftermarket parts distribution, today announced the acquisition of Best4Forst, a firm serving the European market with forestry and outdoor power equipment parts. The product range extends from robomowers to commercial logging equipment. Founded in Austria in 2007, the company has experienced fast growth as a distributor for Husqvarna, Stihl and other well-known manufacturers. Best4Forst is currently headquartered in St. Pölten near Graz in Austria.

This acquisition, combined with Arrowhead’s global distribution footprint and strong financial growth strategy, gives a wider selection of quickly available products to our customers.

About Arrowhead Engineered Products
Arrowhead Engineered Products is the leading global engineer and omni-channel distributor of non-discretionary, proprietary branded, aftermarket replacement parts. The Company leverages data and digital capabilities to provide mission critical parts for outdoor power equipment, powersports, specialty vehicles, agriculture, and other diverse markets. With distribution and sourcing locations in North America, Europe and Asia, Arrowhead Engineered Products employees service over 90,000 customers globally. Visit www.arrowheadepinc.com for more information.

Arrowhead Engineered Products is majority owned by Genstar Capital, a leading private equity firm that has been actively investing in high quality companies for over 30 years. 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.

Arrowhead Engineered Products Acquires Western Power Sports

Synergy of brands, global distribution and financial strength to fuel growth
for companies and dealers

Blaine, MN – January 7, 2022Arrowhead Engineered Products (Arrowhead), a global leader in aftermarket parts distribution, today announced the acquisition of Western Power Sports (WPS), a powersports distributor known for its exceptional dealer service model and owned powersports brands. WPS serves nearly 12,000 customers with more than 150 sales reps and seven US distribution centers. With both Arrowhead and WPS rooted in powersports and parts distribution, dealers and consumers will continue to enjoy the diverse product offering and exceptional customer service.

“This acquisition is an important step in our growth strategy and aligns with our mission, ‘To be the largest off-road aftermarket parts supplier in the world.’” WPS, a leading powersports distributor in North America, has a tremendous reputation with its dealer network and I’m thrilled to have their team lead our powersports segment,” said John Mosunic, CEO of Arrowhead. “The combined power of Western Power Sports’ trusted distribution and dealer network with Arrowheads additional brands, global distribution footprint, and best in class supply chain network creates a powerful team giving dealers a wider selection of quickly available products.”

“Through the sale process, we spoke with several quality companies that expressed interest in WPS, said Steve Lester, chief operating officer, Western Power Sports. “Arrowhead was the only company with an excellent cultural fit and matched our commitment to customer service.

Familiar global powersports brands built by Arrowhead include those under the All Balls Racing Group (ABRG): All Balls Racing, Vertex Pistons, Cylinder Works, Hot Cams, Pivot Works and Tiger Lights. These do not include a dozen brands also owned by Arrowhead for outdoor power equipment, agriculture, arborist, golf cars and other specialty equipment. Likewise, brands owned, built or exclusively distributed by WPS include FLY Racing, Sedona Tire & Wheel, Open Trail, Shinko Tires, Fire Power, HardDrive, Highway 21, SP1, LC, GMAX, Rale, ScorpionEXO, Alpinestars, POD and more.

“Western Power Sports is a strong strategic fit with a complementary product offering and a passion for providing great service to dealers and consumers,” said Mosunic. “We will work together to ensure this combination supports our customers and benefits the entire industry.”

About Arrowhead Engineered Products
Arrowhead Engineered Products is the leading global engineer and omni-channel distributor of non-discretionary, proprietary branded, aftermarket replacement parts. The Company leverages data and digital capabilities to provide mission critical parts for outdoor power equipment, powersports, specialty vehicles, agriculture, and other diverse markets. With distribution and sourcing locations in North America, Europe and Asia, Arrowhead Engineered Products employees service over 90,000 customers globally. Visit www.arrowheadepinc.com for more information.

Arrowhead Engineered Products is majority owned by Genstar Capital, a leading private equity firm that has been actively investing in high quality companies for over 30 years. 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.

About All Balls Racing Group
All Balls Racing Group (ABRG) provides every engine, suspension and electrical part UTV/ATV dealers, rebuilders and owners need in one convenient package at affordable prices to keep their machines running and riding week in, week out. ABRG offers the industry’s most comprehensive line of bearing and seal kits, drive line, vehicle, engine and suspension kits. Owned by parent company, Arrowhead Engineered Products, ABRG is a house of brands including All Balls Racing, Vertex Pistons, Cylinder Works, Hot Cams, Hot Rods, Pivot Works and Tiger Lights to provide everything a powersports dealer, rebuilder and enthusiast could ever possibly need for their off-road machines.

About Western Power Sports
Based in Boise, Idaho, Western Power Sports (WPS) was incorporated in 1960 and distributes over 150,000 products that include off-road and street motorcycle, ATV, snowmobile, and watercraft parts and accessories to thousands of dealers nationwide. WPS is currently the fastest growing nation-wide delivery system of powersports industry products and delivers these products through its regional warehouse network, with locations in Idaho, California, Georgia, Pennsylvania, Indiana, and Texas. WPS strives to bring powersports dealers the best in service, product, and delivery—a formula that’s proven very successful over the last 61 years.

Arrowhead Engineered Products Acquires Custom Golf Supply

Minneapolis, MN – January 6, 2022Arrowhead Engineered Products, a global leader in aftermarket parts distribution, today announced the acquisition of Custom Golf Car Supply, under the Red Hawk golf parts division. Custom Golf Car Supply’s DoubleTake brand provides quality products and custom styling for customers seeking a unique custom build golf car with color-matched styling.

“This acquisition is an important step in our growth strategy,” said John Mosunic, CEO of Arrowhead. “The combined power of Custom Golf Car Supply’s domestic manufacturing of luxury golf car accessories and Arrowhead’s global distribution footprint and strong financial growth strategy gives dealers and consumers a wider selection of quickly available products.”

Gillet Boyce, golf vertical senior vice president, will take on responsibility for Custom Golf Car Supply as part of Arrowhead’s golf car parts and personal transportation vehicle segment. “Custom Golf’s DoubleTake brand is a natural extension of the Red Hawk family of brands including Red Hawk parts, RHOX accessories and Admiral electrical parts,” said Boyce. Custom Golf’s product line includes top-quality custom build golf cars as well as tops, body kits, headlight kits, enclosures, and rear seat kits and cushions for custom and/or color-matched styling.

“Today marks the beginning of an exciting new chapter for Custom Golf,” said Janet Martin, Custom Golf Car Supply president. “As part of Arrowhead Engineered Products, we will deliver more value to dealers with Arrowhead’s strong supply chain.”

“Custom Golf Car Supply is a strong strategic fit with a passion for providing great service to dealers and consumers,” said Boyce. “We are excited to welcome the Custom Golf team and start growing our market presence as a combined organization.”

Custom Golf Car Supply was represented by Providence Advisors LLC.

About Arrowhead Engineered Products
Arrowhead Engineered Products is the leading global engineer and omnichannel distributor of non-discretionary, proprietary branded, aftermarket replacement parts. The Company leverages data and digital capabilities to provide mission-critical parts for outdoor power equipment, powersports, specialty vehicles, agriculture, and other diverse markets. With distribution and sourcing locations in North America, Europe and Asia, Arrowhead Engineered Products employees service over 90,000 customers globally. Visit www.arrowheadepinc.com for more information.

Arrowhead Engineered Products is majority-owned by Genstar Capital, a leading private equity firm that has been actively investing in high-quality companies for over 30 years. 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.

Arrowhead Engineered Products Acquires Red Hawk

Arrowhead Engineered Products is pleased to announce its recent acquisition of Red Hawk, a wholesale supplier of high-quality golf car parts and accessories to over 2,200 retail dealers across the US and Internationally.

The acquisition adds to Arrowhead’s global footprint as the largest aftermarket hard parts supplier of mission-critical replacement parts for outdoor power equipment, powersports, golf, agriculture,
industrial, and marine end markets. John Mosunic, Chief Executive Officer, stated “We are thrilled to welcome Gillet Boyce and all the Red Hawk employees to the Arrowhead family. Red Hawk is a market leader and has a best-in-class reputation for a superior customer experience with its network of dealers. This combination positions Arrowhead firmly in the golf car parts and accessories segment and we look forward to extending Red Hawk products and service model throughout Arrowhead’s
global network.”

Gillet Boyce, Red Hawk owner commented “We are excited to join forces with Arrowhead. We look forward to being a part of the Arrowhead management team and leveraging its resources to expand Red Hawk through acquisition and accelerated new product development. The priority for both companies is ensuring that employees and customers experience a seamless transition.

About Arrowhead Engineered Products
Based in Blaine MN – Arrowhead Engineered Products is the leading global engineer and omni-channel distributor of non-discretionary, proprietary branded, aftermarket replacement parts leveraging data and digital capabilities to provide mission critical parts for outdoor power equipment, powersports, specialty vehicles, agriculture, and other diverse markets. With distribution and sourcing locations in North America, Europe and Asia, Arrowhead Engineered Products employees service over 90,000 customers globally. Visit www.arrowheadepinc.com for more information.

Arrowhead Engineered Products is majority owned by Genstar Capital, a leading private equity firm that has been actively investing in high quality companies for over 30 years. 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 Capital Announces Acquisition of Arrowhead Engineered Products

SAN FRANCISCO, Genstar Capital, a leading private equity firm focused on investments in targeted segments of the industrials, financial services, healthcare, and software industries, today announced the acquisition of Arrowhead Engineered Products, a leading global provider of non-discretionary, proprietary branded, aftermarket replacement parts for a wide variety of motorized vehicles and equipment.

Based in Blaine, MN, Arrowhead supplies a diverse portfolio of mission-critical replacement parts for outdoor power equipment, powersports, agriculture, industrial, golf, and marine end markets. Arrowhead has 23 facilities across North America and Europe that can quickly deliver critical replacement parts to its customers from a selection of over 380,000 SKUs across hundreds of product categories. For more information visit, www.arrowheadepinc.com.

John Mosunic, Chief Executive Officer of Arrowhead, stated, “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.”

Rob S. Rutledge, Managing Director at Genstar Capital, said, “Our history of investing in industrial aftermarket businesses led us to Arrowhead, which we have been tracking for several years. The company operates in several highly attractive and growing end markets and offers a broad product portfolio from its global footprint. The team has built an impressive business delivering differentiated products and service to its customers across end markets.”

Benjamin Marshall, Director at Genstar Capital, added, “Arrowhead has all the components for continued success and we are excited to begin this new partnership with John and his team. The business is well positioned to grow both organically and through strategic acquisitions and we look forward to providing resources to help the realization of Arrowhead’s growth strategy.”

About Genstar Capital
Genstar Capital (www.gencap.com) is a leading private equity firm that has been actively investing in high quality companies for over 30 years. Based in San Francisco, 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.

Arrowhead Engineered Products Acquires Tiger Lights

CONTACT: Mike Paxton
Email: mpaxton@arrowheadep.com
Phone: 800.328.5454

Blaine, MN. (July 2021) – Arrowhead Engineered Products today announced that it has acquired the assets of Tiger Lights LLC. Owned by Randy Raschein and, Dana Mikkelsen, Tiger Lights was founded in 2013 and operates out of a single warehouse in Tangent, Oregon, specializing in LED lighting for agricultural and industrial equipment.

“I am thrilled for Tiger Lights to join Arrowhead,” said Raschein. “This will give us the ability to better serve our customers through Arrowhead’s expanded distribution network.”

Arrowhead CEO John Mosunic commented, “We are excited to add the Tiger Lights brand of lighting to our overall product offering to better serve our agricultural and industrial customers but also to continue Tiger Lights’ history of innovative product development while also expanding the offering to our powersports customers. We welcome Randy, Dana and the employees at Tiger Lights to the Arrowhead team.”

Arrowhead will add the Tiger Lights Oregon location to its distribution network giving shipping access of its product offering to 99% of the U. S. population within 2 days.

About Arrowhead Engineered Products
Based in Blaine MN – Arrowhead Engineered Products is the leading global engineer and omni-channel distributor of non-discretionary, proprietary branded, aftermarket replacement parts leveraging data and digital capabilities to provide mission critical parts for outdoor power equipment, powersports, specialty vehicles, agriculture, and other diverse markets. With distribution and sourcing locations in North America, Europe and Asia, Arrowhead Engineered Products employees service over 90,000 customers globally. Visit www.arrowheadepinc.com for more information.

Arrowhead Engineered Products is majority owned by The Riverside Company, an operationally oriented global private equity firm founded in 1988. The firm builds better businesses through operational improvements, professional management practices, global capabilities, and profitable business growth. They have invested in more than 410 transactions and have over $4.4 billion of capital under management. For more information, visit www.riversidecompany.com.

F1 Distribution and EuroGarden Join Arrowhead Engineered Products

Arrowhead Engineered Products is pleased to announce its recent acquisition of F1 Distribution and EuroGarden, which have grown to become the largest outdoor power equipment (OPE) companies in France and Benelux. F1/EuroGarden distribute a full range of machinery, parts and accessories to serve professionals and consumers who maintain forests, landscapes, lawns and gardens. They are also a premier supplier to the largest French home improvement stores and retailers.

The acquisition adds to Arrowhead’s global footprint as the largest aftermarket hard parts supplier in the outdoor power equipment (OPE) marketplace. The combination of Arrowhead’s world class supply chain, a strong European OPE sales force and the retail presence of F1/EuroGarden will strengthen Arrowhead’s market share in the European OPE sector.

General managers Jean Delhaize and Kurt Van Dyck will join Arrowhead’s European Management Team.

Arrowhead Engineered Products Acquires TriLink Saw Chain

Arrowhead Engineered Products is pleased to announce its recent acquisition of TriLink Saw Chain, a leading distributor of chainsaw chains, guide bars and other accessories used in the arborist and forestry industries. TriLink is headquartered in Atlanta, Georgia, with offices in various U.S. cities as well as South America, Europe and Asia. TriLink products are distributed in over 42 countries around the world.

The acquisition adds to Arrowhead’s global footprint as the largest aftermarket hard parts supplier in the outdoor power equipment (OPE) marketplace. TriLink has grown to become the largest chain and bar supplier in the retail market in North America over the last 15 years. The combination of Arrowhead’s world class supply chain and sales force along with TriLink’s retail presence will allow accelerated growth for retail sales initiatives while expanding commercial sales with arborists and forestry professionals.

TriLink is one of the most respected names in the chainsaw supplies industry. TriLink manufactures its products in an ISO 9001:2015 certified factory. Professionals who use chainsaws trust the integrity of TriLink’s products for outstanding performance and value.

Jacob Grant, serving as President of TriLink, will become Senior Vice President of Retail Sales for Arrowhead Engineered Products.

For more information, visit the TriLink website.

Arrowhead Engineered Products Updates Branding of J&N

Arrowhead Engineered Products has recently updated the branding of its J&N subsidiary, a global distributor of rotating electric units and other electrical accessories for automotive, heavy duty, industrial, agricultural and marine markets. The new J&N branding includes a new logo, tagline and graphics. In addition, a new contemporary, customer-centric website was recently launched to serve J&N’s business to business accounts.

Dating back to 1954, J&N has been in the business of keeping vehicles and equipment running by supplying mission critical electrical parts. “The new J&N badge style logo has a retro look that gives a nod to the history and longevity of the brand, with a modern feel that will work for years to come,” according to J&N’s Marketing Manager Lisa Franks. “The tagline ‘DONE RIGHT, RIGHT NOW’ has been adopted to state our commitment to integrity and doing right by the customer. And that we understand the work can’t wait.”

J&N has been part of the Arrowhead Engineered Products family of companies since January 2017. Arrowhead Engineered Products is a worldwide distributor of non-discretionary, mission replacement parts to more than 50,000 dealers, distributors, repair shops and small businesses. J&N complements the Arrowhead brand of companies with over 70 OEM/J&N brands for 40,000 stocked SKUs and another 140,000 non-stocking SKUs available to fit over 3,500,000 applications.

As stated by Mike Whiteis, Director of Sales for J&N, “We are ultimately working to become the number one choice for mission-critical replacement parts. We want to keep our customers running – over the road, in the dirt, on the grass, through the snow and on the water.”

For more information, visit the new J&N website.