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CITY CAPITAL ADVISORS: City Capital Advisors completes sale of Dehco, Inc. to Patrick Industries, Inc. |

CITY CAPITAL ADVISORS: City Capital Advisors completes sale of Dehco, Inc. to Patrick Industries, Inc.

Dehco, Inc. was founded by the Schwartz family in 1956. Jim Schwartz, Chief Executive Officer of Dehco, said, “We believe that, with the help of City Capital, we have found a partner in Patrick Industries that will build on the success we have had in the RV, manufactured home and marine industries over the last 60 years.” Tom Nagy, President of Dehco, added, “We see this transaction as a great opportunity for our team at Dehco to utilize Patrick Industries’ significant resources as we continue to develop new products, styles and accessories for our suppliers and customers.” Andy Nemeth, President of Patrick Industries, said, “We will support Dehco with a financial and operational foundation that will allow it to capitalize on its core competencies while preserving the entrepreneurial spirit that has been so important to its success.”

About Dehco, Inc.


Dehco, Inc. is a leading supplier of parts and accessories to the recreational vehicle, manufactured housing and marine industries. Dehco’s primary products include flooring, kitchen and bath products, adhesives and sealants, electronics and accessories. Dehco has more than 300,000 square feet of strategically-located warehouse capacity across Indiana, Oregon, Pennsylvania and Alabama, as well as a 63,000 square foot manufacturing facility in Indiana.

About Patrick Industries, Inc.

Patrick Industries, Inc. is a major manufacturer of component products and distributor of building products serving the recreational vehicle, manufactured housing, marine, kitchen cabinet, office and household furniture, fixtures and commercial furnishings and other industrial markets. Patrick Industries operates throughout the United States with locations in 20 states and China.

About City Capital Advisors, LLC

City Capital Advisors, a FINRA registered broker-dealer, is a results oriented investment banking and merchant bank advisory firm. Client engagements are managed exclusively by experienced senior investment bankers who deliver business owners optimal performance in capitalizing on the value of their companies and meeting their objectives as shareholders. City Capital’s investment banking professionals have successfully advised clients on merger and capital markets transactions totaling in excess of $60 billion.

Original source can be found here.

Source: City Capital Advisors

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