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On the Record · LCI Industries

LCI Industries acquisitions, on the record

The businesses LCI Industries bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
two acquisitions completed during 2023
Word for word“During 2023, we completed two acquisitions for an aggregate of $25.8 million of cash purchase consideration.” 10-K for 2023
acquisitionDuring 2023aggregate of $25.8 million of cash purchase consideration
Way Interglobal Network LLC ("Way")
Word for word“In November 2022, the Company acquired substantially all of the business assets of Way Interglobal Network LLC ("Way"), a distributor of innovative appliances and electronics to OEMs in the RV industry.” 10-K for 2023
acquisitionIn November 2022—
Camping World Furniture (furniture operations of CWDS, LLC)
Word for word“In May 2024, the Company acquired the business and certain assets of the furniture operations of CWDS, LLC, a subsidiary of Camping World Holdings, Inc., in exchange for cash consideration of $ 20.0 million, plus a holdback payment of $ 1.0 million due on the first anniversary of the acquisition.” 10-K for 2024
acquisitionIn May 2024$ 20.0 million, plus a holdback payment of $ 1.0 million due on the first anniversary of the acquisition
Girard Systems and Girard Products LLC ("Girard")
Word for word“In March 2022, the Company acquired substantially all of the business assets of Girard Systems and Girard Products LLC (collectively "Girard"), a manufacturer and distributor of proprietary awnings and tankless water heaters for OEMs and aftermarket customers in the RV, specialty vehicle, and related industries.” 10-K for 2024
acquisitionIn March 2022—
two acquisitions completed in 2023
Word for word“During the year ended December 31, 2023, the Company completed two acquisitions for an aggregate $ 25.8 million of cash purchase consideration, plus holdback payments of $ 0.2 million to be paid in 2025.” 10-K for 2024
acquisitionDuring the year ended December 31, 2023$ 25.8 million of cash purchase consideration, plus holdback payments of $ 0.2 million to be paid in 2025
two other acquisitions
Word for word“During the twelve months ended December 31, 2022, the Company completed two other acquisitions for $ 5.0 million of cash purchase consideration.” 10-K for 2024
acquisitionDuring the twelve months ended December 31, 2022$ 5.0 million of cash purchase consideration
Freedman Seating Company
Word for word“In April 2025, the Company acquired substantially all of the business assets of Freedman Seating Company, a manufacturer of transportation seating solutions to the bus, rail, marine, delivery truck, and specialty and commercial vehicle markets. ” 10-K for 2025
acquisitionApril 2025—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2016-12-31$48.7 million$5.8 million
2017-12-31$60.6 million$29.8 million
2018-12-31$184.8 million$56.1 million
2019-12-31$447.8 million$172.4 million
2020-12-31$182.1 million$85.3 million
2021-12-31$194.1 million$85.8 million
2022-12-31$108.5 million$18.5 million
2023-12-31$25.9 million$14 million
2024-12-31$20 million$1.7 million
2025-12-31$112.7 million—

Deal filings since 2016

Read from LCI Industries’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-26. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.