M&A Deal Summary

D.R. Horton Acquires Crown Communities

On May 9, 2014, D.R. Horton acquired construction company Crown Communities for 210M USD

Acquisition Highlights
  • This is D.R. Horton’s 4th transaction in the Construction sector.
  • This is D.R. Horton’s 3rd largest (disclosed) transaction.
  • This is D.R. Horton’s 4th transaction in the United States.
  • This is D.R. Horton’s 2nd transaction in Georgia.

M&A Deal Summary

Date 2014-05-09
Target Crown Communities
Sector Construction
Buyer(s) D.R. Horton
Deal Type Add-on Acquisition
Deal Value 210M USD

Target

Crown Communities

Conyers, Georgia, United States
Crown Communities is a homebuilder in the areas and states of Georgia, South Carolina, and eastern Alabama.

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Buyer(S) 1

Buyer

D.R. Horton

Arlington, Texas, United States

Category Company
Founded 1978
Sector Construction
Employees11,788
Revenue 35.5B USD (2023)
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 STATS #
Overall 4 of 11
Sector (Construction) 4 of 10
Type (Add-on Acquisition) 4 of 9
State (Georgia) 2 of 3
Country (United States) 4 of 11
Year (2014) 1 of 1
Size (of disclosed) 3 of 6
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-27 Pacific Ridge Homes

Bothell,, Washington, United States

Pacific Ridge Homes builds homes. Company specializes in the design and construction of new homes and communities throughout greater Seattle and Snohomish County.

Buy $72M