M&A Deal Summary

Blu Homes Acquires Modern Cabana

On November 14, 2012, Blu Homes acquired construction company Modern Cabana

Acquisition Highlights
  • This is Blu Homes’ 1st transaction in the Construction sector.
  • This is Blu Homes’ 1st transaction in the United States.
  • This is Blu Homes’ 1st transaction in California.

M&A Deal Summary

Date 2012-11-14
Target Modern Cabana
Sector Construction
Buyer(s) Blu Homes
Deal Type Add-on Acquisition

Target

Modern Cabana

San Francisco, California, United States
Modern Cabana LLC is a manufacturer and designer of pre-fabricated buildings and cabanas.

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Buyer(S) 1

Buyer

Blu Homes

Vallejo, California, United States

Category Company
Founded 2008
Sector Business Services
DESCRIPTION

Blu Homes, Inc. is an innovative technology start-up aiming to change the landscape of the housing market with best-in-class, precision-built greenhouses. Using a unique integrated business model, and deeply proprietary information and building science technology, Blu empowers homeowners to design their homes. Each house is built in a factory; delivered to the customer's property (Northern California); and set on the project site. Blu partners with land developers, spec builders, resort developers, and institutions. Blu works with each developer to tailor a program that fits each unique property– whether it be a few lots or hundreds of acres– and creates the best environment for a successful enterprise. Blu Homes was formed in 2008 and is based in Vallejo, California.


DEAL STATS #
Overall 1 of 1
Sector: Construction M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2012 M&A 1 of 1