M&A Deal Summary

Patrick Acquires RecPro.com

On September 9, 2024, Patrick acquired e-commerce company RecPro.com

Acquisition Highlights
  • This is Patrick’s 1st transaction in the E-Commerce sector.
  • This is Patrick’s 61st transaction in the United States.
  • This is Patrick’s 32nd transaction in Indiana.

M&A Deal Summary
Date 2024-09-09
Target RecPro.com
Sector E-Commerce
Buyer(s) Patrick
Deal Type Add-on Acquisition

Target

RecPro.com

Bristol, Indiana, United States
RecPro is an online aftermarket e-commerce platform focused on the Outdoor Enthusiast market. RecPro's goal is to provide customers with the best products at competitive prices. With the majority of items for sale under the RecPro name, RecPro.com offers a wide selection of products, some fully customizable, that empower outdoor enthusiasts to save money while they upgrade, repair, and customize their units. RecPro's products include air conditioners, furniture, ladders, water heaters, water softeners, converters, microwaves, ranges, range hoods, cooktops, fireplaces, water pumps, ceiling fans, and more. RecPro is headquartered in Bristol, Indiana.

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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 61 of 61
Sector (E-Commerce) 1 of 1
Type (Add-on Acquisition) 55 of 55
State (Indiana) 32 of 32
Country (United States) 61 of 61
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-11 Sportech

Elk River, Minnesota, United States

Sportech is a designer, manufacturer, and assembler of cab components and systems for Powersports, golf & turf, industrial, and agriculture OEMs. It manufactures and assembles three main product categories primarily used in the production of utility task vehicles (UTVs): door assemblies, windshield assemblies, and other thermoformed plastic components. Sportech was formed in 1994 and is based in Elk River, Minnesota.

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