Add-on Acquisition • Construction

CalAtlantic Homes Acquires Candlelight Homes

On January 18, 2018, CalAtlantic Homes acquired construction company Candlelight Homes

Acquisition Context
  • This is CalAtlantic Homes’ 4th transaction in the Construction sector.
  • This is CalAtlantic Homes’ 4th transaction in the United States.
  • This is CalAtlantic Homes’ 1st transaction in Utah.

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M&A Deal Summary

Date January 18, 2018
Target Candlelight Homes
Sector Construction
Buyer(s) CalAtlantic Homes
Deal Type Add-on Acquisition

Target Company

Candlelight Homes

Utah, United States
Candlelight Homes is a homebuilder, that offers a diverse range of single-family and townhome options. Candlelight Homes was established in 2009 and is based in South Jordan, Utah.
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Buyer Overview 1

Buyer

CalAtlantic Homes

Irvine, California, United States

Category Company
Founded 1965
Sector Construction
Employees2,850
Revenue 6.5B USD (2016)
DESCRIPTION
CalAtlantic Group's corporate headquarters in Irvine, California.
CalAtlantic Group's corporate headquarters in Irvine, California.

CalAtlantic Group, Inc. is a combination of Standard Pacific Corp. and Ryland Group, Inc., two US-based homebuilders. CalAtlantic builds homes in designed communities from entry level to luxury properties. CalAtlantic Group, Inc. was originally established in 1965 and is headquartered in Irvine, California.


Deal Context for Buyer #
Overall 4 of 4
Sector: Construction 4 of 4
Type: Add-on Acquisition 2 of 2
State: Utah 1 of 1
Country: United States 4 of 4
Year: 2018 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-13 Home South Communities

Duluth, Georgia, United States

Home South Communities is a home builders, building beautiful homes and communities across the Atlanta. Home South Communities is based in Duluth, Georgia.

Buy -