Patrick Industries Acquires Transhield, Inc.
November 28, 2022
Patrick Industries, Inc. completed the acquisition of Elkhart, Indiana-based Transhield, Inc., a designer and manufacturer of protective covers and shrinkable packaging for marine, military, and industrial markets. Transhield was owned by Ancor Capital Partners and Midwest Mezzanine Funds; management will remain in place and Patrick expects manufacturing synergies and to leverage its footprint to grow Transhield's aftermarket channel.
- Buyers
- Patrick Industries, Inc.
- Targets
- Transhield, Inc.
- Sellers
- Ancor Capital Partners, Midwest Mezzanine Funds
- Industry
- Manufacturing
- Location
- Indiana, United States
- Transaction Type
- Buyout
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