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New Deal


Announced

Completed

Patrick Industries completed the acquisition of Taco Metals.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

United States

Single Bidder

Completed

Domestic

Private

boating products manufacturer

metal products

Majority

Recreational Vehicles and Boats

Friendly

Synopsis

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Patrick Industries, a manufacturer and distributor of component products and building products serving the recreational vehicle, completed the acquisition of Taco Metals, a manufacturer of boating products including rub rail systems, canvas and tower components, sport fishing and outrigger systems. Financial terms were not disclosed. "After more than 60 years as a family-owned business, my brothers and I are pleased to join the Patrick family to continue the legacy of the Taco brand and broaden our reach and product offerings in the markets we serve. Patrick's strategic resources and marine industry presence will be an added value toward our ongoing commitment to deliver innovative, engineered products that reflect evolving customer preferences for integration, safety, comfort, convenience and technology," Jon Kushner, Taco President.

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