Kirkland & Ellis LLP is advising LCI Industries on an unsolicited, non-binding takeover proposal from Monomoy Capital Partners, which has offered to acquire the US-based engineered components supplier for $101 per share in cash.LCI confirmed receipt of the proposal while reiterating its support for an existing all-stock merger agreement with Patrick Industries, announced on June 30, 2026. The LCI board, in consultation with its independent financial and legal advisers, will carefully evaluate Monomoy’s proposal in accordance with its fiduciary duties and update shareholders in due course, the company said. The existing merger agreement with Patrick Industries remains in place, and the LCI board continues to recommend the transaction. The company has advised shareholders to take no action on Monomoy’s proposal at this stage. Perella Weinberg Partners LP is serving as LCI’s financial adviser, while Kirkland & Ellis is its legal adviser.
