Business
Patrick Industries, Inc. Expands Marine Market Presence Through the Completion of Two Acquisitions
ELKHART, Ind., Dec. 18, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company") announced today that it has completed the
About this update from Patrick Industries, Inc.
[{"type":"text","content":"ELKHART, Ind., Dec. 18, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) (\"Patrick\" or the \"Company\") announced today that it has completed the acquisitions of Quality Engineered Services (\"QES\") and Egis Group, LLC (\"Egis\"). QES, located in Syracuse, Indiana, manufactures wire harnesses and electrical systems for the marine and RV industries. Egis, based in Bellingham, Washington, develops engineered electrical components and system-level solutions for marine and specialty vehicle applications, offering leading products such as terminal blocks, battery fuses, circuit breakers, flex relays, and power distribution modules.\n \n \n \n \n \n \n \nCombined revenue for QES and Egis on a trailing 12-month basis through November 2025 was approximately $39 million.\"We are proud to welcome the QES and Egis teams to Patrick,\" said Andy Nemeth, Chief Executive Officer of Patrick. \"These organizations have cultivated strong, customer-first cultures and have a long-standing focus on quality, service, reliability, and innovation. We look forward to collaborating with the teams, leveraging their deep entrepreneurial spirit and strong engineering leadership to deliver increased value for our customers and shareholders.\"Jake Petkovich, President – Marine, commented, \"These acquisitions further advance Patrick's long-term strategy to develop an innovative and custom suite of component solutions for OEMs in the Outdoor Enthusiast space and the aftermarket, while expanding our capabilities across wiring, engineered electrical components, and system-level integration. Further, QES is strategically located near several major pontoon and RV OEMs, and Egis expands the breadth and depth of Patrick's engineering talent and capabilities. Together with the scale and focus in our existing businesses, both businesses enable us to deliver a more complete end-to-end solution and a deeper level of service for our customers.\"Consistent with the Company's other acquisitions, QES and Egis will continue to operate under their existing brand names and within their current facilities.About Patrick Industries, Inc.Patrick (NASDAQ: PATK) is a leading component solutions provider serving the RV, Marine, Powersports and Housing markets. Since 1959, Patrick has empowered manufacturers and outdoor enthusiasts to achieve next-level recreation exper...