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  6. Dvele Acquires Blu Homes

M&A Deal Summary

Dvele Acquires Blu Homes

On May 27, 2020, Dvele acquired business services company Blu Homes

Acquisition Highlights
  • This is Dvele’s 1st transaction in the Business Services sector.
  • This is Dvele’s 1st transaction in the United States.
  • This is Dvele’s 1st transaction in California.

M&A Deal Summary
Date 2020-05-27
Target Blu Homes
Sector Business Services
Buyer(s) Dvele
Deal Type Add-on Acquisition

Target

Blu Homes

Vallejo, California, United States
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.

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Buyer(S) 1

Buyer

Dvele

San Francisco, California, United States
Category Company
Founded 2017
Sector Software
DESCRIPTION

Dvele, Inc. is a privately-held producer of next-generation modular homes and housing-focused technologies. The company has leveraged its expertise and efficient manufacturing process to create hyper-efficient, self-powered homes. Their technology platform allows for the development of homes that are better for your overall health and well being, while also contributing to the well being of the planet. Dvele's homes minimize waste and exceed structural, environmental, and home performance standards, without sacrificing an aesthetically pleasing style. Dvele was formed in 2017 and is based in San Francisco, California.

DEAL STATS #
Overall 1 of 1
Sector: Business Services 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: 2020 M&A 1 of 1
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