M&A Deal Summary

Patrick Acquires Front Range Stone

On September 28, 2020, Patrick acquired building materials company Front Range Stone

Acquisition Highlights
  • This is Patrick’s 15th transaction in the Building Materials sector.
  • This is Patrick’s 51st transaction in the United States.
  • This is Patrick’s 1st transaction in Colorado.

M&A Deal Summary
Date 2020-09-28
Target Front Range Stone
Sector Building Materials
Buyer(s) Patrick
Deal Type Add-on Acquisition

Target

Front Range Stone

Englewood, Colorado, United States
Front Range Stone, Inc. is a fabricator and installer of a full suite of natural stone, quartz, solid surface, and laminate countertops, primarily serving big box home improvement retailers, home builders and commercial contractors in the industrial market. Front Range Stone was established in 2001 and is based in Englewood, Colorado.

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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 51 of 61
Sector (Building Materials) 15 of 16
Type (Add-on Acquisition) 46 of 55
State (Colorado) 1 of 1
Country (United States) 51 of 61
Year (2020) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-28 Synergy RV Transport

Goshen, Indiana, United States

Synergy RV Transport, Inc. is a transportation and logistics service provider primarily for original equipment manufacturers ("OEMs") and dealers in the recreational vehicle ("RV") market. Synergy utilizes independently contracted drivers to haul towable/flatbed and motorized RVs from RV OEM plants to dealer lots throughout the continental U.S. and Canada. Synergy RV Transport is based in Goshen, Indiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-17 Geremarie

Lake Zurich, Illinois, United States

Geremarie Corp. is a designer, manufacturer, and fabricator of a full suite of high-precision aluminum components serving the marine industry. Geremarie Corp. was founded in 1997 and is based in Lake Zurich, Illinois.

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Mergr

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