Odyssey Marine Exploration: Patrick Industries Boosts Marine Solutions with Strategic Acquisitions

Strategic Acquisitions Enhance Patrick Industries’ Marine Solutions Portfolio

On December 18, 2025, Patrick Industries, Inc. announces the successful acquisition of Quality Engineered Services (QES) and Egis Group, LLC (Egis), two companies that significantly bolster its offerings in the marine and recreational vehicle (RV) sectors. QES, located in Syracuse, Indiana, specializes in manufacturing wire harnesses and electrical systems tailored specifically for the marine and RV industries. Meanwhile, Egis, based in Bellingham, Washington, provides engineered electrical components and system-level solutions for marine and specialty vehicle applications. With a combined revenue of approximately $39 million over the past twelve months, these acquisitions represent a strategic move for Patrick Industries to enhance its product suite and market presence.

The integration of QES and Egis aligns with Patrick's commitment to delivering comprehensive solutions to original equipment manufacturers (OEMs) in the Outdoor Enthusiast sector. CEO Andy Nemeth emphasizes the importance of quality, reliability, and innovation, values that both QES and Egis embody. Jake Petkovich, President of Marine, articulates that these acquisitions not only augment Patrick's engineering capabilities but also strategically position the company near key pontoon and RV OEMs. This geographic advantage allows for more efficient collaboration and responsiveness to market demands. Both companies will operate under their existing names and maintain their facilities, reflecting Patrick's established approach to integrating acquisitions while preserving the unique strengths of each entity.

Patrick Industries, a longstanding player in the marine, RV, powersports, and housing markets, employs approximately 10,000 people across the United States. Founded in 1959, the company prides itself on a customer-centric strategy that encompasses design, manufacturing, distribution, and transportation. This holistic approach solidifies Patrick's reputation as a trusted partner in the industry. The addition of QES and Egis is poised to enhance the company’s competitive edge further, catering to the evolving needs of the marine sector and positioning itself for future growth.

In addition to these acquisitions, Patrick Industries continues to focus on innovation within its product lines, ensuring that it meets the demands of an increasingly sophisticated market. The company's strategic initiatives reflect a broader trend in the marine industry towards enhanced electrical systems that support advanced technologies in recreational vehicles and marine applications. As Patrick Industries integrates these new companies, it strengthens its commitment to providing superior solutions that enhance the user experience for outdoor enthusiasts.