M&A Deal Summary

Constellation HomeBuilder Systems Acquires LandDev

On May 28, 2020, Constellation HomeBuilder Systems acquired internet software and services company LandDev

Acquisition Highlights
  • This is Constellation HomeBuilder Systems’ 2nd transaction in the Internet Software and Services sector.
  • This is Constellation HomeBuilder Systems’ 2nd transaction in the United States.
  • This is Constellation HomeBuilder Systems’ 1st transaction in Washington.

M&A Deal Summary

Date 2020-05-28
Target LandDev
Sector Internet Software and Services
Buyer(s) Constellation HomeBuilder Systems
Deal Type Add-on Acquisition

Target

LandDev

Redmond, Washington, United States
Leverance, Inc. is a provider of a cloud-based software system for commercial and residential real estate land developers. Leverance is based in Redmond, Washington.

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Buyer(S) 1

Buyer

Constellation HomeBuilder Systems

Markham, Ontario, Canada

Category Company
Founded 1977
Sector Software
DESCRIPTION

Constellation HomeBuilder Systems, Inc. is a developer of software solutions for private and public production home builders, and efficient custom builders. Their innovative solutions empower builders with information, driving business objectives from website to warranty.


DEAL STATS #
Overall 4 of 4
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 4 of 4
State: Washington M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-25 NewHomeListingService

Calgary, Alberta, Canada

NewHomeListingService (NHLS) is an online SaaS solution to help homebuyers find new homes and condos faster, help builders find prospective buyers easily, and help real estate agents work effectively with both builders and buyers.

Buy -