Patrick Industries Acquires Taco Metals

Patrick Industries Acquires Diamondback Marine (Diamondback Towers, LLC)

May 9, 2022

Manufacturing

Patrick Industries, Inc. completed the acquisition of Diamondback Towers, LLC d/b/a Diamondback Marine, a Cocoa, Florida-based manufacturer of premium wakeboard/ski towers and marine accessories. Patrick said the acquisition aligns with its capacity expansion and automation strategies and will allow Diamondback Marine to continue operating under its existing name and facility while leveraging Patrick’s broader resources.

Patrick Industries Acquires Medallion Plastics

March 20, 2017

Manufacturing

Patrick Industries, Inc. completed the acquisition of the business and certain assets of Medallion Plastics, Inc., a custom thermoformer based in Elkhart, Indiana. The transaction (approximately $10 million cash consideration) expands Patrick's thermoforming capabilities and is expected to be immediately accretive to earnings while allowing Medallion to operate under its existing brand and facilities.

Patrick Industries Acquires Sea-Dog Corporation and Sea-Lect Plastics

March 15, 2021

Manufacturing

Patrick Industries, Inc. completed the acquisition of Everett, Washington–based Sea-Dog Corporation and sister company Sea-Lect Plastics. The combined businesses (2020 revenues ~ $20 million) expand Patrick's marine aftermarket and injection-molding capabilities and are expected to be immediately accretive; the transaction was funded under Patrick's credit facility and preserves Sea‑Dog's brand and operations under the Nysether family management.

Patrick Industries Acquires Inland Plywood Company

August 3, 2020

Building Products

Patrick Industries, Inc. has acquired Inland Plywood Company, a family-owned supplier, laminator, and wholesale distributor of plywood and specialty panels headquartered in Pontiac, Michigan. The acquisition expands Patrick's building-products and distribution capabilities in the marine, RV, and industrial markets and will support Inland's growth and broader geographic reach.

Patrick Industries Acquires Dowco, Inc.

May 31, 2018

Manufacturing

Patrick Industries (NASDAQ: PATK) completed the acquisition of Dowco, Inc., a designer and manufacturer of boat covers, bimini tops, enclosures and marine accessories headquartered in Manitowoc, Wisconsin. Dowco generated approximately $37 million in trailing-12-month revenue through April 2018 and will operate as a stand-alone brand within Patrick's portfolio; the seller was CMW Holding Company.

Patrick Industries Acquires BTI Transport

May 1, 2023

Transportation

Patrick Industries, Inc. (NASDAQ: PATK) has completed the acquisition of Elkhart, Indiana–based BTI Transport, a marine transportation provider. BTI will operate as Patrick Marine Transport, expanding Patrick's transportation and logistics capabilities for OEMs and dealers in the leisure lifestyle markets.