Exclusive financial advisor to Red Hawk, L.L.C.

KPMG Corporate Finance LLC acted as exclusive financial advisor to Red Hawk, L.L.C.

KPMG Corporate Finance LLC is pleased to announce the sale of Red Hawk, L.L.C. (“Red Hawk”) to Arrowhead Engineered Products (“Arrowhead”) , a portfolio company of Genstar Capital (“Genstar”).

Based in Baltimore, Maryland, Red Hawk represents the last substantial/independent pure-play B2B supplier of aftermarket parts, accessories, and electronics focused exclusively on the golf car industry. The Company designs and distributes a comprehensive suite of highly-regarded, branded products to a network of over 2,200 retail dealers across the US and internationally.

This 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. The combination positions Arrowhead firmly in the golf car parts and accessories segment, and it will be tactically leveraged to enhance Arrowhead’s global distribution network. “We are excited to join forces with Arrowhead, and we look forward to being a part of its success. The priority for both companies is ensuring that our employees, dealers, and end market consumers experience a seamless transition,” said Red Hawk Co-Founder and President, Gillet Boyce.

In commenting on the transaction, Mr. Boyce said, “I’ve known Steve for well over 15 years, and when the time came for me to consider a sale, I knew KPMG would be the “best fit” partner. The KPMG Baltimore team showed a constant commitment to the Red Hawk executive team and provided real guidance and insight throughout the entire process, exceeding our expectations in every respect. As promised, they delivered a number of viable options and ultimately an exceptional outcome for all of Red Hawk’s stakeholders. I would strongly encourage anyone looking to sell their business to seek out this team...”

KPMG Corporate Finance LLC

The global Corporate Finance practice of KPMG International’s network of independent member firms was ranked number 1 as the top M&A mid-market adviser globally by Refinitiv, based on number of completed transactions over the past 20 years.

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KPMG Corporate Finance LLC

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Stephen Guy

Managing Director, KPMG Corporate Finance LLC

+1 410-949-8909

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