Jones Day has advised The Riverside Company in its acquisition with co-investor, Investcorp, of Interparts, an add-on to the Arrowhead Engineered Products platform.
Based in Plainview, New York, Interparts distributes branded replacement products for the powersports, industrial and automotive aftermarkets.
Interparts’ primary product lines include axles, joints and components, which all require frequent replacement and repair throughout the lifecycle of a vehicle. Arrowhead is a specialized provider of a broad array of non-discretionary, mission-critical replacement parts for off-highway applications.
Riverside and Investcorp continue to strive to build Arrowhead both organically and through acquisition. Interparts represents the fourth acquisition completed since the initial platform acquisition.
Jones Day has advised The Riverside Company on the deal with a team led by Jason Grove.