Merger of equalsJun 30, 2026Pending
🇺🇸 United States
LILCI IndustriesPIPatrick Industries
Industrials › Automotive
Deal valueUndisclosed
AnnouncedJun 30, 2026
ConsiderationStock
StructureOne-step merger
RegionNorth America
Cross-borderNo
Contingent paymentNo
Overview
Patrick Industries and LCI Industries entered into a definitive agreement to combine in an all-stock merger, with LCI shareholders receiving 1.2440 Patrick shares per LCI share. Patrick shareholders would own about 52% and LCI shareholders about 48% of the combined company.
Deal rationale
The combination creates a premier component solutions provider across outdoor recreation, housing and transportation markets, with over $150 million of run-rate cost synergies expected within three years of closing.
AI-generated from the SEC filingPendingIndustrials › AutomotiveUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | Undisclosed | |
| Consideration | Stock |
Advisors
Buy-side
BBairdJPJ.P. Morgan
Sell-side
PWPerella Weinberg Partners