---
schema_version: "secwatch.filing_event.v1"
accession: "0000076605-23-000073"
form_type: "8-K"
ticker: "PATK"
cik: "0000076605"
company_name: "PATRICK INDUSTRIES INC"
filed_at: "2023-05-01T23:59:59+00:00"
generated_at: "2026-06-16T05:39:15.774625+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Patrick Industries completes acquisition of BTI Transport; expected to be immediately accretive

## Summary
- Acquired Elkhart, IN-based BTI Transport, a leader in marine transportation; will operate as Patrick Marine Transport.
- Expands Patrick's transportation and logistics services for leisure lifestyle OEMs and dealers.
- Joe Bonacorsi, BTI President, continues leading division; CEO Andy Nemeth cites strong cultural fit.
- Deal expected to be immediately accretive to net income per share; financial terms not disclosed.

## SEC filing metadata
- accession: 0000076605-23-000073
- form_type: 8-K
- ticker: PATK
- cik: 0000076605
- company_name: PATRICK INDUSTRIES INC
- filed_at: 2023-05-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/76605/000007660523000073/0000076605-23-000073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/76605/000007660523000073/patk-20230501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000076605-23-000073
- JSON: https://secwatch.observer/filing/0000076605-23-000073.json
- Plain text: https://secwatch.observer/filing/0000076605-23-000073.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.