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Patrick Industries company logo
Corporation
INDUSTRIALS | Construction / General Building Materials
patrickind.com

Portfolio Exits

1

About Patrick Industries

Patrick Industries (NASDAQ: PATK) is a manufacturer of component products and distributor of building products serving the recreational vehicle, manufactured housing, kitchen cabinet, office, and household furniture, fixtures and commercial furnishings, marine, and other industrial markets. Patrick's major manufactured products include decorative vinyl and paper laminated panels, countertops, fabricated aluminum products, wrapped profile mouldings, slide-out trim and fascia, cabinet doors and components, hardwood furniture, fiberglass bath fixtures, fiberglass and plastic component products, softwoods lumber, interior passage doors, RV painting, simulated wood and stone products, and slotwall panels and components. The company also distributes drywall and drywall finishing products, electronics and audio systems components, wiring, electrical and plumbing products, cement siding, raw and processed lumber, FRP products, interior passage doors, roofing products, laminate and ceramic flooring, shower doors, furniture, fireplaces and surrounds, interior and exterior lighting products, and other miscellaneous products. The company was founded in 1959 and is based in Elkhart, Indiana.

Headquarters Location

107 W Franklin St

Elkhart, Indiana, 46515,

United States

574-295-5223

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Latest Patrick Industries News

PATRICK INDUSTRIES, INC. DECLARES QUARTERLY CASH DIVIDEND

May 26, 2023

05/26/2023 | 08:01am EDT Message : *Required fields ELKHART, Ind., May 26, 2023 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) today announced that on May 25, 2023, its Board of Directors declared a quarterly cash dividend on its common stock of $0.45 per share. The dividend is payable on June 26, 2023, to shareholders of record at the close of business on June 12, 2023. About Patrick Industries, Inc. Patrick Industries (NASDAQ: PATK) is a leading component solutions provider for the RV, marine, manufactured housing and various industrial markets – including single and multifamily housing, hospitality, institutional and commercial markets. Founded in 1959, Patrick is based in Elkhart, Indiana, employing approximately 11,000 team members throughout the United States. Cautionary Statement Regarding Forward-Looking Statements This press release contains certain statements related to future results, our intentions, beliefs and expectations or predictions for the future, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any projections of financial performance or statements concerning expectations as to future developments should not be construed in any manner as a guarantee that such results or developments will, in fact, occur. There can be no assurance that any forward-looking statement will be realized or that actual results will not be significantly different from that set forth in such forward-looking statement. Information about certain risks that could affect our business and cause actual results to differ from those expressed or implied in the forward-looking statements are contained in the section entitled "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2022, and in the Company's Forms 10-Q for subsequent quarterly periods, which are filed with the Securities and Exchange Commission ("SEC") and are available on the SEC's website at www.sec.gov . In addition, future dividends are subject to Board approval. Each forward-looking statement speaks only as of the date of this press release, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances occurring after the date on which it is made. View original content to download multimedia: https://www.prnewswire.com/news-releases/patrick-industries-inc-declares-quarterly-cash-dividend-301835610.html SOURCE Patrick Industries, Inc.

Patrick Industries Portfolio Exits

1 Portfolio Exit

Patrick Industries has 1 portfolio exit. Their latest portfolio exit was Arran Isle on September 27, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

9/27/2021

Acquired - II

$99M

1

Date

9/27/2021

Exit

Acquired - II

Companies

Valuation

$99M

Acquirer

Sources

1

Patrick Industries Acquisitions

51 Acquisitions

Patrick Industries acquired 51 companies. Their latest acquisition was BTI Transport on May 01, 2023.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

5/1/2023

$99M

Acquired

1

11/28/2022

Debt

$99M

$1.5M

Acquired

3

5/9/2022

$99M

Acquired

2

2/24/2022

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$99M

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10

11/23/2021

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$99M

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10

Date

5/1/2023

11/28/2022

5/9/2022

2/24/2022

11/23/2021

Investment Stage

Debt

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$1.5M

Note

Acquired

Acquired

Acquired

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Sources

1

3

2

10

10

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