Add-on Acquisition • Construction

D.R. Horton Acquires Riggins Custom Homes

On December 15, 2022, D.R. Horton acquired construction company Riggins Custom Homes

Acquisition Context
  • This is D.R. Horton’s 10th transaction in the Construction sector.
  • This is D.R. Horton’s 11th transaction in the United States.
  • This is D.R. Horton’s 1st transaction in Arkansas.

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M&A Deal Summary

Date December 15, 2022
Target Riggins Custom Homes
Sector Construction
Buyer(s) D.R. Horton
Deal Type Add-on Acquisition

Target Company

Riggins Custom Homes

Fayetteville, Arkansas, United States
Riggins Custom Homes is a development of communities and now building over 300 homes a year. Riggins Custom Homes is based in Fayetteville, Arkansas.
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Buyer Overview 1

Buyer

D.R. Horton

Arlington, Texas, United States

Category Company
Founded 1978
Sector Construction
Employees14,766
Revenue 36.8B USD (2024)
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 engaged in acquiring and developing 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 Context for Buyer #
Overall 11 of 11
Sector: Construction 10 of 10
Type: Add-on Acquisition 9 of 9
State: Arkansas 1 of 1
Country: United States 11 of 11
Year: 2022 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-14 Vidler

Carson City, Nevada, United States

Vidler engages in water resource and water storage, real estate, and agribusiness activities in the United States. Vidler’s business is to source, develop and provide sustainable potable water resources to fast-growing communities that lack, or are running short of, available water resources. Vidler was founded in 1981 and is based in Carson City, Nevada.

Buy $291M