Patrick Industries , Inc ., a component solutions provider for the outdoor enthusiast market , has acquired ICON Direct , Inc ., which operates as RecPro . com . RecPro is an e-commerce business and aftermarket platform that specializes in creating and marketing component products , systems , and solutions for the RV and marine markets . The company estimates RecPro ’ s 2024 revenues will be approximately $ 80 million .
“ We are excited to announce our acquisition of RecPro , and I am pleased to welcome Mike Waumans Jr . and the rest of his team to the Patrick family ,” says Andy Nemeth , chief executive officer of Patrick . “ The addition
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of RecPro ’ s leading e-commerce platform meaningfully expands Patrick ’ s presence in the attractive outdoor enthusiast aftermarket and broadens the foundation of our aftermarket strategy as we seek to leverage our aftermarket product offerings and other product solutions across our RV , marine , and powersports portfolio . We believe RecPro ’ s passion for growth , commitment to quality customer service , and ability to source and provide value-enhancing product solutions are a synergistic fit within our entrepreneurial business model .”
Mike Waumans Jr ., owner of RecPro , says , “ We are excited about the opportunity to
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partner with Patrick and its network of leading brands and look forward to what we can achieve together . With our online retail presence and robust customer-service platform , coupled with Patrick ’ s support of our entrepreneurial culture , we are energized by the opportunity to engage with Patrick ’ s leaders and portfolio of companies , utilizing our |
expertise and the RecPro platform to enhance Patrick ’ s aftermarket presence .”
Consistent with other acquisitions , RecPro will continue to operate under its existing brand name and within its current facilities . The acquisition is expected to be immediately accretive to net income per share .
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KLIM celebrates 25 years of business |
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KLIM , founded in 1999 , is celebrating its 25th anniversary this winter as it also launches a new line of winter outerwear and accessories .
KLIM has its roots in the outdoor industry , serving people earning their living outdoors . In 1994 , Justin Summers started Teton Outfitters to focus on ski patrol and search and rescue personnel facing adverse conditions every day .
His passion for the outdoors came from growing up near the Idaho mountains , while time spent overseas gave him valuable respect and understanding of apparel manufacturing . These two skills merged when working with outdoor professionals to address pain points of extended time in extreme conditions . This was the beginning of technical gear engineered specifically for arduous conditions .
In the process , Summers saw a need in the snowmobile market for clothing that was higher quality and better performing than anything available . By the late 1990s , snowmobiling was changing and gear was not available to address the specific functional requirements of mountain snowmobiling .
The KLIM brand was launched and the first season of snowmobile apparel was introduced in 1999 . That winter , the company opened roughly five dealers and sold a couple hundred pieces of clothing . It was just enough to spark the fire .
Fueled by an unnerving sense of dedication , KLIM honed in on the snowmobile market , dedicated to making the best snowmobile gear the world had ever seen . This unrelenting pursuit of quality led KLIM to continuously innovate new fabric material layouts , search for new materials , implement new technologies and ultimately broaden their scope of gear to boots , helmets , goggles , avalanche backpacks , float gear and more .
“ We are thrilled to introduce our new line of snow gear , especially as we celebrate 25 years of innovation and development in
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KLIM will be announcing its upcoming 25th-anniversary celebratory gear , set to be released later this season .
Photos courtesy of KLIM
making riding gear that helps both us and our customers have a great time on the snow ,” says Summers , marketing director of KLIM . “ We ’ re grateful for the support of our loyal customers and look forward to another 25 years of elevating snowmobile gear standards .”
As a special highlight , KLIM is also excited to announce upcoming 25th-anniversary celebratory gear , set to be released later this season . This limited-edition gear will honor KLIM ’ s legacy of innovation and dedication to the snowmobile community over the past quarter-century .
The winter gear line is available now on the KLIM website and the 25th-anniversary celebratory gear will be available later this season in limited quantities .
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