M&A Deal Summary

Patrick Acquires Foremost Fabricators

On June 27, 2014, Patrick acquired building materials company Foremost Fabricators for 45M USD

Acquisition Highlights
  • This is Patrick’s 6th transaction in the Building Materials sector.
  • This is Patrick’s 6th largest (disclosed) transaction.
  • This is Patrick’s 17th transaction in the United States.
  • This is Patrick’s 9th transaction in Indiana.

M&A Deal Summary
Date 2014-06-27
Target Foremost Fabricators
Sector Building Materials
Buyer(s) Patrick
Deal Type Add-on Acquisition
Deal Value 45M USD

Target

Foremost Fabricators

Goshen, Indiana, United States
Foremost is a fabricator and distributor of fabricated aluminum products, fiber reinforced polyester sheet and coil, and custom laminated products primarily used in the recreational vehicle market.

Search 201,157 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
Category Company
Founded 1959
Sector Building Materials
Employees10,000
Revenue 3.5B USD (2023)
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. 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 17 of 61
Sector (Building Materials) 6 of 16
Type (Add-on Acquisition) 15 of 55
State (Indiana) 9 of 32
Country (United States) 17 of 61
Year (2014) 5 of 7
Size (of disclosed) 6 of 27
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-09 Millennium Paint

United States

Millennium Paint, Inc. is a provider of painting services for both OEMs and existing recreational vehicles.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-08 PolyDyn3

Elkhart, Indiana, United States

PolyDyn3 LLC is a custom fabricator of simulated wood and stone products such as headboards, fireplaces, ceiling medallions, columns and trims.

Buy $1M
Mergr

Product

Company

Legal