Patrick Industries

Patrick Industries is a manufacturer of building products and materials primarily serving the manufactured housing and recreational vehicle industries. The company operates through two main segments: manufacturing and distribution. The manufacturing segment, which accounts for the majority of its revenue, produces laminated and vinyl products such as furniture, shelving, cabinets, bath fixtures, and countertops. Meanwhile, the distribution segment focuses on selling prefinished wall and ceiling panels, along with electrical and plumbing products tailored for the RV and manufactured housing markets. Notably, a significant portion of the company's revenue is derived from a key customer in the recreational vehicle sector.

Andy Nemeth

CEO and Chairman

Jake Petkovich

CFO

Past deals in Indiana

Williamsburg Marine

Acquisition in 2021
Williamsburg Marine is a manufacturer based in Milford, Indiana, specializing in marine and motorized RV seating. The company produces a variety of products, including pontoon boat seating and accessories, designed to meet the needs of the marine and RV industries. Williamsburg Marine offers a range of seating options, such as consoles and helm seats equipped with storage compartments and cup holders, as well as custom-configured benches tailored to optimize floor space. The company collaborates with clients to determine layout, color selection, and specific details of each component, ensuring that its products provide both stability and comfort.

Synergy Rv Transport

Acquisition in 2020
Synergy RV Transport, Inc. is a transportation and logistics company headquartered in Goshen, Indiana, founded in 2011. Specializing in the transportation of recreational vehicles, the company primarily serves original equipment manufacturers (OEMs) by providing storage and transportation services. Synergy RV Transport employs independently contracted drivers to haul towable, flatbed, and motorized vehicles from manufacturing plants to dealer lots across the continental United States and Canada. As of August 2020, Synergy RV Transport operates as a subsidiary of Patrick Industries, Inc.

Medallion Plastics

Acquisition in 2017
Medallion Plastics is a manufacturer of custom thermoformed plastic components serving industries such as communications, defense, transportation, heavy trucking, marine, agriculture, and recreational vehicles. The company produces specialty van and tractor interiors, specialty automotive interiors, thermoplastic kayaks, and civilian and military communications equipment. It is one of the largest custom thermoformers in the Midwest and exports to customers worldwide. Using thermoforming technology, flat plastic sheets are heated, formed into shapes with purpose-built tooling, and perimeter-sealed to create finished parts for interiors, exterior assemblies, and specialty applications.

KRA International

Acquisition in 2016
KRA specializes in manufacturing wire harnesses and associated electrical components for diverse industries. Their primary markets include recreational vehicles (RVs), industrial equipment, marine products, defense, automotive aftermarket, and mass transit. The company offers custom design services, prototyping, and compliance with various specifications.

Mishawaka Sheet Metal

Acquisition in 2016
Mishawaka Sheet Metal is a metal fabrication and distribution company based in Northern Indiana. It processes and supplies aluminum, steel, and sheet metal products for OEMs, fabricators, and manufacturers across industries such as recreational vehicles, trucks, boats, trailers, and marine equipment. The company offers a wide range of products including mill finish and pre-painted aluminum sheets, coils, blanks, and related components, as well as lamination strips and formed or fabricated parts. Its capabilities encompass coil processing, cutting to length, slitting, blanking, roll forming, bending, punching, welding, laser and plasma cutting, and complete assembly. With direct mill sourcing and various value-added services such as drop shipments, cost analysis, forecasting support, and manufacturing-workflow integration, Mishawaka Sheet Metal supports customers from raw material to fully fabricated components, enabling efficient production and procurement.

Parkland Plastics

Acquisition in 2016
Parkland Plastics is a manufacturer of recycled polymer-based architectural panels. It offers a range of products including wall panels, lay-in ceiling panels, protective moldings, adhesives, and accessories. Primarily serving the recreational vehicle industry, it also caters to architectural and industrial markets.

Structural Composites of Indiana

Acquisition in 2015
Structural Composites of Indiana, Inc. is a fiberglass manufacturer based in Ligonier, Indiana, specializing in the design, development, and production of custom molded fiberglass products. Established in 1999, the company serves a diverse range of industries, including marine, industrial, recreational, transportation, agricultural, military, and rail sectors. Its offerings encompass a wide variety of products, such as fiberglass caps, roofs, enclosures, and specialized components tailored for recreational vehicles, transportation, and marine applications. In addition to standard products, the company provides custom fabrication services, including design and engineering support, mold fabrication, and final inspection. Structural Composites of Indiana also manufactures specialized items such as wastewater treatment equipment and protective shipping containers for military use. As of 2015, it operates as a subsidiary of Patrick Industries Inc.

Better Way Partners

Acquisition in 2015
Better Way Partners, LLC, operating as Better Way Products, Inc., is a manufacturer based in New Paris, Indiana, specializing in fiberglass and composite resin products. Founded in 2000, the company produces lightweight solid surface materials and a range of components primarily for the recreational vehicle, marine, and transit vehicle markets. Its product offerings include fiberglass storage boxes, original equipment manufacturer parts such as gas shocks, trays, hooks, shelves, handrails, rubber feet, replacement lids, stainless steel handles, and cable stays. Better Way Partners serves various industries, including aftermarket commercial vehicles and pet equipment, while also providing private label products. As of 2015, it has functioned as a subsidiary of Patrick Industries Inc.

Foremost Fabricators

Acquisition in 2014
Foremost Fabricators is a manufacturer and distributor of fabricated aluminum products, fiber reinforced polyester sheet and coil, and custom laminated products. Its primary market is the recreational vehicle (RV) industry.

Precision Painting

Acquisition in 2014
Precision Painting, based in Bremen, Indiana, specializes in painting and interior renovation services. Initially focused on exterior paint renovations, the company expanded its offerings by launching its interiors division, Precision Interiors, in 2008. Together, these sister companies provide a comprehensive range of services, allowing clients to access both exterior and interior solutions in one place. Precision Painting offers a variety of specialized services, including X-bracing frame reinforcement, custom colors and designs, stripping and re-sealing silicone prior to painting, and replacing broken vents and shrouds. This focus on detailed processes helps ensure a streamlined painting experience and a consistent finish for clients.

Premier Concepts

Acquisition in 2013
Premier Concepts, Inc. specializes in the design, fabrication, and sale of granite and solid surface countertops tailored for residential, recreational vehicle (RV), and marine markets. The company offers a variety of materials, including quartz options such as Zodiaq, Corian, Staron, Hanstone, and LG HiMacs, along with granite, sinks, and faucets. With a manufacturing facility spanning 40,000 square feet in Warsaw, Indiana, Premier Concepts serves both individual consumers and the broader housing industry, ensuring a range of high-quality countertop solutions.
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