M&A Deal Summary

Lennar Acquires Admiral Homes

On November 23, 2005, Lennar acquired construction company Admiral Homes

Acquisition Highlights
  • This is Lennar’s 10th transaction in the Construction sector.
  • This is Lennar’s 11th transaction in the United States.
  • This is Lennar’s 2nd transaction in Florida.

M&A Deal Summary
Date 2005-11-23
Target Admiral Homes
Sector Construction
Buyer(s) Lennar
Deal Type Add-on Acquisition

Target

Admiral Homes

Jacksonville, Florida, United States
Admiral Homes LLC is a special house redesigns specialists. Admiral Homes helps individuals, couples and families build a better life by building better homes.

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Buyer(S) 1

Buyer

Lennar

Miami, Florida, United States
Category Company
Founded 1954
Sector Construction
Employees12,284
Revenue 34.2B USD (2023)
DESCRIPTION
Lennar's corporate headquarters in Miami, Florida.
Lennar's corporate headquarters in Miami, Florida.

Lennar is a homebuilder with operations across the US. Lennar builds affordable, move-up and retirement homes primarily under the Lennar brand name. Lennar was founded in 1954 and is based in Miami, Florida.

DEAL STATS #
Overall 11 of 16
Sector (Construction) 10 of 13
Type (Add-on Acquisition) 11 of 16
State (Florida) 2 of 3
Country (United States) 11 of 16
Year (2005) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-03-22 Roseland Property

New York, United States

Roseland Property Co. is a homebuilding industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-05-06 Barker Coleman Communities

Reno, Nevada, United States

Barker Coleman Communities is a provider of design appointment for all of our new home buyers. Barker Coleman Communities home is the ability to make numerous personal selections to customize your home to your own tastes and desires.

Buy -
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