M&A Deal Summary

Lennar Acquires B Andrews

On July 1, 2002, Lennar acquired construction company B Andrews

Acquisition Highlights
  • This is Lennar’s 3rd transaction in the Construction sector.
  • This is Lennar’s 3rd transaction in the United States.
  • This is Lennar’s 1st transaction in Maryland.

M&A Deal Summary
Date 2002-07-01
Target B Andrews
Sector Construction
Buyer(s) Lennar
Deal Type Add-on Acquisition

Target

B Andrews

Maryland, United States
B Andrews & Co. is a regional homebuilding company.

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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 3 of 16
Sector (Construction) 3 of 13
Type (Add-on Acquisition) 3 of 16
State (Maryland) 1 of 1
Country (United States) 3 of 16
Year (2002) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-06-24 Fortress Group

McLean, Virginia, United States

Fortress Group, Inc. is a home building company.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-07-11 Pacific Century Homes

Temecula, California, United States

Pacific Century Homes is a construction of residential properties.

Buy -
Mergr

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