M&A Deal Summary

Patrick Acquires North American Forest Products

On September 1, 2015, Patrick acquired forest products company North American Forest Products for 85M USD

Acquisition Highlights
  • This is Patrick’s 1st transaction in the Forest Products sector.
  • This is Patrick’s 2nd largest (disclosed) transaction.
  • This is Patrick’s 22nd transaction in the United States.
  • This is Patrick’s 1st transaction in Michigan.

M&A Deal Summary

Date 2015-09-01
Target North American Forest Products
Sector Forest Products
Buyer(s) Patrick
Deal Type Add-on Acquisition
Deal Value 85M USD

Target

North American Forest Products

Edwardsburg, Michigan, United States
North American Forest Products, Inc. is a manufacturer and distributor, primarily for the recreational vehicle ("RV") industry, of profile wraps, custom mouldings, laminated panels and moulding products which together represent one of Patrick's existing core product lines.

Search 192,907 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Patrick

Elkhart, Indiana, United States

website


Category Company
Founded 1959
Sector Building Materials
Employees8,800
Revenue 4.9B USD (2022)
DESCRIPTION
Entrance to Patrick Industries' corporate headquarters in Elkhart, Indiana.
Entrance to Patrick Industries' corporate headquarters in Elkhart, Indiana.

Patrick is a manufacturer of building products and materials to the manufactured housing and recreational vehicle industries in the United States. The Company also supplies many of its products to the Industrial market that include customers in the kitchen cabinet, household furniture, fixtures and commercial furnishings, marine, architectural and the automotive aftermarket. Patrick was founded 1959 and is based in Elkhart, Indiana.


DEAL STATS #
Overall 22 of 60
Sector (Forest Products) 1 of 2
Type (Add-on Acquisition) 19 of 54
State (Michigan) 1 of 3
Country (United States) 22 of 60
Year (2015) 3 of 3
Size (of disclosed) 2 of 27
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-26 Structural Composites of Indiana

Ligonier, Indiana, United States

Structural Composites of Indiana, Inc. is a fiberglass manufacturer of custom molded large front and rear caps and roofs, primarily to the recreational vehicle ("RV") market, and specialty fiberglass components for the transportation, marine and other industrial markets.

Buy $20M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-29 Parkland Plastics

Middlebury, Indiana, United States

Parkland Plastics, Inc. is a fully integrated designer, green manufacturer and distributor of innovative polymer-based products including wall panels, lay-in ceiling panels, coated and rolled floors, protective moulding, and adhesives and accessories, which are used in a wide range of applications primarily in the recreational vehicle ("RV") industry and the architectural and industrial markets.

Buy $25M