M&A Deal Summary

Lennar Acquires U.S. Home

On February 18, 2000, Lennar acquired construction company U.S. Home for 478M USD

Acquisition Highlights
  • This is Lennar’s 1st transaction in the Construction sector.
  • This is Lennar’s 3rd largest (disclosed) transaction.
  • This is Lennar’s 1st transaction in the United States.
  • This is Lennar’s 1st transaction in Texas.

M&A Deal Summary
Date 2000-02-18
Target U.S. Home
Sector Construction
Buyer(s) Lennar
Deal Type Add-on Acquisition
Deal Value 478M USD

Target

U.S. Home

Houston, Texas, United States
U.S. Home Corp. is a specialist in retirement communities and semi-custom built 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 1 of 16
Sector (Construction) 1 of 13
Type (Add-on Acquisition) 1 of 16
State (Texas) 1 of 1
Country (United States) 1 of 16
Year (2000) 1 of 1
Size (of disclosed) 3 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-06-24 Fortress Group

McLean, Virginia, United States

Fortress Group, Inc. is a home building company.

Buy -
Mergr

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