In reviewIndustrials30 June 2026

Patrick Industries, Inc. to acquire LCI Industries

Verified deal facts, source-backed narrative, and the Exit Mode founder lens for SME readers preparing to sell.

Deal facts

Buyer
Patrick Industries, Inc.
Target
LCI Industries
Deal value
Not disclosed
Announced
30 June 2026
Status
In review
Sector
Industrials
Country
United States
Consideration
shares
What we know

Patrick Industries, Inc. has agreed to acquire LCI Industries in a strategic transaction. Both companies are headquartered in the United States and operate within the industrials sector. The deal was announced on 30 June 2026. The consideration for the acquisition consists of shares, although the specific financial value of the transaction has not been disclosed. No completion date has been reported for this agreement. The transaction is currently in review. This acquisition represents a strategic move for Patrick Industries to expand its portfolio. LCI Industries will become part of the Patrick Industries group upon completion. The terms of the deal involve an exchange of equity rather than cash. There is no information available regarding regulatory hurdles or specific approval timelines. The status remains in review as of the latest update. No further details on the integration plans or immediate operational changes have been provided. The parties have not issued additional statements regarding the rationale or expected synergies. The deal structure is straightforward, involving a single buyer and a single target. The absence of a disclosed price suggests that the valuation may be complex or confidential. The transaction is expected to proceed through standard corporate governance processes.

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Deal timeline

2 updates
  1. CMA invitation to comment

    Patrick Industries, Inc. M&A filing involving LCI Industries

    Item 8.01 Other Events. As previously disclosed, on June 30, 2026, Patrick Industries, Inc., an Indiana corporation (the “Company”), LCI Industries, a Delaware corporation (“LCI”), Planet First Merger Sub Inc., a newly formed Delaware corporation and a direct wholly owned subsidiary of the Company (“First Merger Sub”), and Planet Second Merger Sub LLC, a newly formed Indiana limited liability comp

    Source
  2. CMA invitation to comment

    Patrick Industries, Inc. M&A filing involving LCI Industries

    Item 8.01 Other Events. As previously disclosed, on June 30, 2026, LCI Industries (the "Company"), a Delaware corporation, entered into an Agreement and Plan of Merger (the "Merger Agreement") with Patrick Industries, Inc. ("Patrick"), an Indiana corporation, Planet First Merger Sub Inc., a newly formed Delaware corporation and a direct wholly owned subsidiary of Patrick ("First Merger Sub"), and

    Source

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Buyer history

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