Patrick Industries, Inc. Common Stock Offering
Davis Polk advised the representatives of the several underwriters in connection with an SEC-registered offering of 1,350,000 shares of common stock of Patrick Industries, Inc. The total proceeds of the offering were $98.6 million. Patrick Industries’ common stock is listed on the NASDAQ Global Select Market under the symbol “PATK.”
Based in Elkhart, Indiana, Patrick Industries is a leading manufacturer and supplier serving original equipment manufacturers primarily in the recreational vehicle and manufacturing housing markets.
The Davis Polk corporate team included partner Richard D. Truesdell Jr. and associates Christopher M. Bezeg, Jennifer Fitzpatrick and Rafeeq Khazin. Counsel David A. Zilberberg and associate Michael Comstock provided environmental advice. The tax team included partner David H. Schnabel and associate K. Daniel Berman. SAll members of the Davis Polk team are based in the New York office.