Push Launch | January 7, 2022
Synergy of manufacturers, world-wide distribution, and economical strength to fuel advancement for organizations & seller consumers.
This is a push launch from Arrowhead…
Blaine, MN (January 7, 2022) – Arrowhead Engineered Merchandise (Arrowhead), a world-wide chief in aftermarket sections distribution, right now declared the acquisition of Western Electric power Sports (WPS), a powersports distributor recognized for its fantastic dealer support product and owned powersports brand names. WPS serves approximately 12,000 consumers with a lot more than 150 gross sales reps and 7 U.S. distribution centers. With both equally Arrowhead and WPS rooted in powersports and elements distribution, sellers and customers will go on to delight in the assorted solution offering and excellent customer company.
“This acquisition is an vital step in our progress system and aligns with our mission—to be the major off-street aftermarket parts provider in the planet,” explained John Mosunic, CEO of Arrowhead. “WPS, a top powersports distributor in North The us, has a great name with its supplier community and I’m thrilled to have their crew lead our powersports segment. The combined energy of Western Power Sports’ dependable distribution and dealer network with Arrowhead’s supplemental manufacturers, worldwide distribution footprint, and best-in-class offer chain network generates a potent staff supplying dealers a wider range of quickly offered solutions.”
Recently appointed WPS Main Functioning Officer, Steve Lester, replaces previous operator Craig Shoemaker at the helm and included, “Through the sale course of action, we spoke with a number of excellent organizations that expressed interest in WPS—Arrowhead was the only firm with an excellent cultural match and matched our determination to customer service.”
Acquainted worldwide powersports models developed by Arrowhead incorporate those people below the All Balls Racing Group (ABRG): All Balls Racing, Vertex Pistons, Cylinder Operates, Very hot Cams, Incredibly hot Rods, Pivot Functions, and Tiger Lights. These do not include things like a dozen manufacturers also owned by Arrowhead targeted on outside electric power gear, agriculture, arborist, golf automobiles and other specialty devices. Likewise, models owned, created, or completely dispersed by WPS incorporate FLY Racing, Sedona Tire & Wheel, Open Path, Shinko Tires, Fireplace Electricity, HardDrive, Freeway 21, SP1, LC, GMAX, Rale, ScorpionEXO, Alpinestars, POD and far more.
“Western Ability Sports activities is a solid strategic match with a complementary merchandise featuring and a passion for offering wonderful assistance to dealers and buyers,” concluded Mosunic. “We will perform alongside one another to make sure this mix supports our prospects and added benefits the complete sector.”
Wells Fargo Securities served as exclusive economic advisor to Western Electrical power Sports activities.
For more information about Arrowhead Engineered Solutions, visit https://arrowheadepinc.com/
For far more facts about Western Energy Athletics, stop by https://www.wps-inc.com/
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