LCI bid

LCI Industries receives $101 per share cash proposal from Monomoy Capital

LCI described the proposal as unsolicited and non-binding and said it has an all-stock merger agreement with Patrick Industries.

By Sam Okafor, Markets and money correspondent1 min read
Illustration: LCI Industries headquarters exterior
Illustration: LCI Industries headquarters exterior Illustration: Venturist

LCI Industries (NYSE: LCII), based in Elkhart, Indiana, said that Monomoy Capital Partners has offered to acquire the company for $101 per share in cash. LCI called the proposal unsolicited and non-binding in its statement.

LCI is a supplier of engineered parts for the recreation and transportation markets. On June 30, 2026, LCI said it had agreed to merge with Patrick Industries (NASDAQ: PATK) in a stock-for-stock deal. LCI said the merger would create a combined component supplier.

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Sam Okafor covers capital markets, public listings and corporate finance for Venturist. He writes from filings, earnings releases and published reporting.

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