# Patrick Industries

Patrick Industries is an other based in Elkhart, United States.

## Overview

- **Organization type:** other
- **Headquarters:** Elkhart, United States
- **Region:** North America
- **Address:** Elkhart, IN, United States
- **Assets under management:** Undisclosed
- **Website:** www.patrickind.com

## Regulatory record

- **Reports private funds:** No

## About

Patrick Industries offers interior and exterior components for RV, Marine, Powersports, and Housing markets. The company provides design, engineering, manufacturing, distribution, and transportation services to OEMs and outdoor enthusiasts. Founded in 1959, Patrick Industries is based in Elkhart, Indiana.

## Sectors

- Manufacturing
- Recreational Vehicles
- Marine
- Building Products

## Questions

### Who runs investment decisions at Patrick Industries?

CEO Todd Cleveland drives acquisition strategy at Patrick Industries, having led the company since 2011. The firm's board of directors approves major deals. Cleveland previously served as CFO before becoming CEO (per company proxy filings, 2023).

### How does Patrick Industries source acquisitions?

The company relies on direct relationships with business owners and industry contacts rather than investment bankers. Management has stated that many acquisitions come from founders seeking a liquidity event while retaining operational control (per company investor presentations, 2023).

### What sectors does Patrick Industries avoid?

The firm explicitly avoids technology, software, and service businesses, focusing exclusively on manufacturing and distribution in RV, marine, and housing end markets. Leadership has noted that they prefer asset-heavy businesses with tangible products (per company investor day, 2022).

### Does Patrick Industries participate in fund commitments or direct deals?

The firm conducts all transactions directly as a corporate acquirer, not through investment funds. It does not commit capital to third-party funds or engage in joint ventures with financial sponsors (per company filings).

## Related profiles

- [Simplilearn Americas](https://altss.com/profile/simplilearn-americas)
- [Sage Growth Capital](https://altss.com/profile/sage-growth-capital)

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Last updated: 2026-06-03T20:00:00.000Z

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