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M&A

SPORTECH

Acquired by

PATRICK INDUSTRIES

UNITED STATES Automotive EV [100m USD - 500m USD] 01/2024

Target

SPORTECH

Acquirer

PATRICK INDUSTRIES

Context

Patrick Industries signed a definitive agreement to acquire Sportech, LLC from Monomoy Capital Partners. This acquisition is immediately accretive to Patrick's margins and earnings per share. It represents a strategic "Secondary Buyout" where an industrial player takes over from a private equity firm to support the next phase of growth. Patrick aims to leverage its existing relationships with Powersports OEMs to cross-sell Sportech's premium cabin solutions and realize cost synergies.

The transaction values SPORTECH at an EV/Revenue multiple of LOGIN.

This transaction is part of the Industry & Manufacturing industry, which currently tracks an average EBITDA multiple of 10.5x since the beginning of 2026, 3.1% increase compared to 2025. This data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Based in Minnesota, Sportech is a premier designer and manufacturer of complex cab components and systems for the powersports, golf, turf, and agricultural markets. The company specializes in high-value assemblies such as doors, windshields, roofs, canopies, and bumpers, primarily for Utility Task Vehicles (UTVs). Sportech operates as a Tier 1 supplier to major OEMs (likely including Polaris, John Deere, etc.), offering integrated solutions that enhance vehicle utility and comfort.

Ent. Value

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Equity Value

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Multiples Analysis

EV / Revenue

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

Year
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EBITDA
EBIT
2023
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2022
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Other operations with SPORTECH

mynth data is contributed by M&A / PE professionals and systematically cross-verified against private deal documents and official releases. All source materials are destroyed post-validation to guarantee data anonymity and compliance.