M&A Deal Summary

D.R. Horton Acquires Schuler Homes

On February 21, 2002, D.R. Horton acquired construction company Schuler Homes for 1.2B USD

Acquisition Highlights
  • This is D.R. Horton’s 2nd transaction in the Construction sector.
  • This is D.R. Horton’s largest (disclosed) transaction.
  • This is D.R. Horton’s 2nd transaction in the United States.
  • This is D.R. Horton’s 1st transaction in Hawaii.

M&A Deal Summary
Date 2002-02-21
Target Schuler Homes
Sector Construction
Buyer(s) D.R. Horton
Deal Type Add-on Acquisition
Deal Value 1.2B USD
Advisor(s) UBS Investment Bank (Financial)

Target

Schuler Homes

Honolulu, Hawaii, United States
Schuler Homes, Inc. designs, builds and markets single-family residences, townhomes, and condominiums primarily to entry-level, first-time and, to a lesser extent, second-time move-up buyers in western suburban markets.

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Buyer(S) 1

Buyer

D.R. Horton

Arlington, Texas, United States

website

Category Company
Founded 1978
Sector Construction
Employees11,788
Revenue 33.5B USD (2022)
DESCRIPTION
D.R. Horton's corporate headquarters in Fort Worth, Texas.
D.R. Horton's corporate headquarters in Fort Worth, Texas.

D.R. Horton is a homebuilding company. The Company is engaged in the acquisition and development of land and the construction and sale of residential homes, through its operating divisions in around 27 states and over 79 metropolitan markets of the United States. D.R. Horton was incorporated in 1978 and is based in Arlington, Texas.

DEAL STATS #
Overall 2 of 11
Sector (Construction) 2 of 10
Type (Add-on Acquisition) 2 of 9
State (Hawaii) 1 of 1
Country (United States) 2 of 11
Year (2002) 1 of 1
Size (of disclosed) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-01-01 Torrey Group

Atlanta, Georgia, United States

Torrey Group a construction company.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-15 Breland Homes

Huntsville, Alabama, United States

Breland Homes, Inc. a home construction company. Breland Homes buildes top quality, affordable brick homes backed with exceptional customer service.

Buy -
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