Patrick Industries, Inc. Completes Acquisition Of Wet Sounds, Inc.

Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company") announced today that it has completed the acquisition of Rosenburg, Texas-based Wet Sounds, Inc. ("Wet Sounds"), a leading designer, fabricator, engineer, and distributor of innovative audio systems and accessories, including amplifiers, tower speakers, soundbars, and subwoofers. Wet Sounds sells audio products and accessories direct to OEMs and consumers, and to dealers and retailers, primarily within the marine industry, as well as to the home audio and powersports markets, and aftermarkets. Wet Sounds' trailing 12-months revenue through September 2021 was approximately $55 million, and the acquisition is expected to be immediately accretive to net income per share.