Lippert - M&A Summary and Business Overview

AutomotiveCompany

Lippert M&A Summary

Lippert has acquired 7 companies, including 4 in the last 5 years. A total of 2 acquisitions came from private equity firms.

Lippert’s largest acquisition to date was in 2018, when it acquired Smoker Craft - Furniture Manufacturing Business for $28M. Lippert has acquired in 3 different US states, and 2 countries. The Company’s most targeted sectors include automotive (50%) and manufacturing (34%).

Lippert Business Overview

Where is Lippert headquartered?

Lippert is headquartered in Elkhart, Indiana.

What is Lippert’s revenue?

Lippert disclosed revenue of 5,207M USD for 2022 and 4,473M USD for 2021.

How many employees does Lippert have?

Lippert has 12,900 employees.

What sector is Lippert in?

Lippert is an automotive company.

When was Lippert founded?

Lippert was founded in 1984.

M&A Summary

  • M&A Total Activity6
    • M&A Buy Activity6
  • Total Sectors Invested 3
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 3

Lippert

LCI Industries

3501 County Road 6 East,
Elkhart, Indiana 46514
United States,
(574) 535-1125
www.lci1.com

Lippert through its wholly-owned subsidiary, Lippert Components, Inc. and its subsidiaries, supplies a broad array of components in the United States and abroad for manufacturers of recreational vehicles and manufactured homes and for the related aftermarkets of those industries. The Company also supplies components for adjacent industries including buses; trailers used to haul boats, livestock, equipment and other cargo; pontoon boats; modular housing; and factory-built mobile office units. Lippert was formed in 1984 and is based in Elkhart, Indiana.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 6 - - - - - 6
vol $43M $43M
Sell (0.0/yr) # - - - - - - 0
  6

Most Recent M&A

Company Date Value Type
CURT Group 2019-12-30 - Add-on Acquisition
Eau Claire, Wisconsin · www.curtgroup.com
SureShade LLC 2019-10-21 - Add-on Acquisition
Philadelphia, Pennsylvania · www.sureshade.com
Lavet s.r.l. 2019-06-28 - Add-on Acquisition
Siena, Italy
Smoker Craft, Inc. - Furniture Manufacturing Business 2018-11-30 28M USD Divestiture
New Paris, Indiana
STLA s.r.l 2018-06-04 15M USD Add-on Acquisition
Pontedera, Italy · www.stla.it
Lippert Components, Inc. 1997-10-07 - Add-on Acquisition
Elkhart, Indiana · www.lippertcomponents.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Lippert Components, Inc. 1997-10-07 Way Interglobal Network LLC 2022-11-14 33
Elkhart, Indiana · www.lippertcomponents.com Elkhart, Indiana · www.wayinterglobal.com
Lippert Components, Inc. 1997-10-07 Kaspar Ranch Hand Equipment LLC 2021-04-19 32
Elkhart, Indiana · www.lippertcomponents.com Shiner, Texas
Lippert Components, Inc. 1997-10-07 Lewmar Ltd. 2019-06-12 31
Elkhart, Indiana · www.lippertcomponents.com Havant, United Kingdom · www.lewmar.com
Lippert Components, Inc. 1997-10-07 Hehr International, Inc. - Window And Glass Business 2018-02-16 30
Elkhart, Indiana · www.lippertcomponents.com Los Angeles, California
Lippert Components, Inc. 1997-10-07 RV DOORS S.r.l. 2017-07-03 29
Elkhart, Indiana · www.lippertcomponents.com Mirano, Italy · www.rvdoors.it
Lippert Components, Inc. 1997-10-07 Lexington Seating Corp. - Marine And RV Seating Business 2017-05-22 28
Elkhart, Indiana · www.lippertcomponents.com Elkhart, Indiana
Lippert Components, Inc. 1997-10-07 Atwood Mobile Products LLC - The Seating And Chassis Component Business 2016-10-27 27
Elkhart, Indiana · www.lippertcomponents.com Elkhart, Indiana
Lippert Components, Inc. 1997-10-07 Highwater Marine - Furniture Division 2016-01-27 26
Elkhart, Indiana · www.lippertcomponents.com , United States
Lippert Components, Inc. 1997-10-07 Roehm Marine LLC (dba Signature Seating) 2015-08-10 25
Elkhart, Indiana · www.lippertcomponents.com Fort Wayne, Indiana · www.signatureseating.com
Lippert Components, Inc. 1997-10-07 Duncan Systems, Inc. 2014-08-18 24
Elkhart, Indiana · www.lippertcomponents.com Elkhart, Indiana · www.duncansys.com

M&A by Sector

Sector Buy # Value Sell # Value
Automotive 3 (50%) 15M (35%) - -
Manufacturing 2 (33%) 28M (65%) - -
Building Materials 1 (17%) - - -
Total 6 $43M - -

By Geo

State/Country Buy Value Sell Value
United States 4 28M - -
  Indiana 2 28M - -
  Wisconsin 1 - - -
  Pennsylvania 1 - - -
Italy 2 15M - -
Domestic 4 (67%) 28M (65%) - -
Cross-border 2 (33%) 15M (35%) - -
Total 6 $43M - -

Deal Values

buy # Total
< $100M 2 $43M
TOTAL $43M
Largest Smoker Craft, Inc. - Furniture Manufacturing Business
$28M (2018-11-30)

M&A Connections

Deals
Acquired from
Investor(s)
17%
1 (17%)
Strategic(s)
17%
1 (17%)

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