Patrick Industries, Inc. has acquired LCI for an undisclosed amount. LCI, headquartered in Durham, North Carolina, is a comprehensive provider of manufacturing, distribution, wholesale, retail, and technology consulting solutions. The company is distinguished as one of the largest employers of Americans who are blind or visually impaired, serving a diverse customer base in both the public and private sectors. LCI's offerings meet various procurement needs, including those of the AbilityOne program, and are supported by a significant operational infrastructure comprising two distribution centers, six manufacturing facilities, over 35 military base stores, and three e-commerce platforms: www.buylci.com, www.lcidistribution.com, and www.tacticalassaultgear.com.
This strategic acquisition by Patrick Industries is expected to broaden its market presence and diversify its portfolio of products and services. LCI's established expertise in government contracting, particularly through the AbilityOne program, along with its robust manufacturing and distribution network, presents a significant opportunity for Patrick Industries to expand into new, specialized sectors. The integration is anticipated to create synergies by combining Patrick's resources with LCI's unique operational capabilities and its commitment to social impact, enhancing overall market competitiveness.
The combined entity is poised to leverage LCI's long-standing mission and operational excellence with Patrick Industries' broader corporate framework. This union aims to continue delivering high-quality products and services while reinforcing support for American workers, particularly those who are blind or visually impaired. The acquisition is set to strengthen the combined organization's ability to meet evolving customer demands across both public and private sectors, fostering continued growth and impact.