Co-Investors Plan To Accelerate Growth At Arrowhead Engineered Products
01.18.19
Arrowhead Engineered Products (AEP), a leading supplier of aftermarket replacement parts for a wide variety of motorized vehicles, is backed by two investment firms, The Riverside Company and Investcorp. Both firms have shown strong confidence in the future growth of AEP.
About Arrowhead Engineered Products
Based in Blaine, Minnesota, Arrowhead Engineered Products distributes non-discretionary, mission-critical aftermarket replacement parts for a wide variety of applications across the powersports, outdoor power equipment, agricultural, industrial, marine, heavy-duty and automotive markets. With distribution and sourcing locations in North America, Europe and Asia, Arrowhead Engineered Products serves 10,000 customers daily.
About The Riverside Company
The Riverside Company is a global private equity firm focused on acquiring and investing in growing businesses valued at up to $400 million. Since its founding in 1988, Riverside has invested in more than 450 transactions. The firm’s international portfolio includes more than 80 companies.
About Investcorp
Investcorp, a leading provider and manager of alternative investment products, is a natural partner for AEP because of its experience in the motorized parts industry. They will help AEP execute ambitious growth plans with a strong network, capital and strategic vision.
Future Growth Plans
AEP has demonstrated strong performance since both investment firms have taken an interest. These partnerships have allowed the Company to add both products and customers through both organic growth and strategic acquisitions. The Company will continue to look for additional acquisition opportunities by seeking to deepen its market share in the agricultural, industrial and outdoor power equipment segments.