M&A Deal Summary

Excel Homes Acquires Handcrafted Homes

On December 17, 2014, Excel Homes acquired construction company Handcrafted Homes

Acquisition Highlights
  • This is Excel Homes’ 1st transaction in the Construction sector.
  • This is Excel Homes’ 1st transaction in the United States.
  • This is Excel Homes’ 1st transaction in North Carolina.

M&A Deal Summary

Date 2014-12-17
Target Handcrafted Homes
Sector Construction
Buyer(s) Excel Homes
Deal Type Add-on Acquisition

Target

Handcrafted Homes

Henderson, North Carolina, United States
Handcrafted Homes LLC produces modular homes and provides a 10-year structural warranty on all our modular homes.

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Buyer(S) 1

Buyer

Excel Homes

Rocky Mount, Virginia, United States

Category Company
Founded 1984
Sector Construction
DESCRIPTION

Excel Homes is a manufacturer of single-family residential modular housing. With two plants in Pennsylvania and one in New York, Excel sells and distributes complete modular home systems ranging from 1,500 sq. ft. to 6,400 sq. ft. through homebuilders in the Northeast, Mid-Atlantic, Southeast and Midwest regions of the United States. The Company markets its products under the Excel and AvisAmerica brand names.


DEAL STATS #
Overall 1 of 1
Sector: Construction M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: North Carolina M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2014 M&A 1 of 1