M&A Deal Summary

Lennar Acquires Classic American Homes

On June 7, 2004, Lennar acquired construction company Classic American Homes

Acquisition Highlights
  • This is Lennar’s 8th transaction in the Construction sector.
  • This is Lennar’s 9th transaction in the United States.
  • This is Lennar’s 1st transaction in Florida.

M&A Deal Summary
Date 2004-06-07
Target Classic American Homes
Sector Construction
Buyer(s) Lennar
Deal Type Add-on Acquisition

Target

Classic American Homes

Jacksonville, Florida, United States
Classic American Homes, Inc. is a provider of home building services.

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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 9 of 16
Sector (Construction) 8 of 13
Type (Add-on Acquisition) 9 of 16
State (Florida) 1 of 3
Country (United States) 9 of 16
Year (2004) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-01-27 Newhall Land & Farming

Valencia, California, United States

Newhall Land & Farming Co. is a land management company.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-03-22 Roseland Property

New York, United States

Roseland Property Co. is a homebuilding industry.

Buy -
Mergr

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