M&A Deal Summary

M/I Homes Acquires Hans Hagen Homes

On October 28, 2015, M/I Homes acquired construction company Hans Hagen Homes

Acquisition Highlights
  • This is M/I Homes’ 1st transaction in the Construction sector.
  • This is M/I Homes’ 1st transaction in the United States.
  • This is M/I Homes’ 1st transaction in Minnesota.

M&A Deal Summary

Date 2015-10-28
Target Hans Hagen Homes
Sector Construction
Buyer(s) M/I Homes
Deal Type Add-on Acquisition

Target

Hans Hagen Homes

Fridley, Minnesota, United States
Hans Hagen Homes, Inc. is a privately held homebuilder. Hans Hagen Homes delivered 122 homes in 2014, with an average selling price of $351,000, making the company one of the top ten homebuilders in the region, which includes portions of western Wisconsin.

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Buyer(S) 1

Buyer

M/I Homes

Columbus, Ohio, United States

Category Company
Founded 1976
Sector Construction
Employees1,607
Revenue 4.0B USD (2023)
DESCRIPTION

M/I Homes is a builder of single-family homes. The Company's homes are marketed and sold under the trade names M/I Homes, Showcase Homes, and Triumph Homes. The Company has homebuilding operations in Columbus and Cincinnati, Ohio; Chicago, Illinois; Indianapolis, Indiana; Tampa and Orlando, Florida; Austin, Dallas/Ft Worth, Houston and San Antonio, Texas; Charlotte and Raleigh, North Carolina; and the Virginia and Maryland suburbs of Washington, D.C. M/I Homes was founded in 1976 and is based in Columbus, Ohio.


DEAL STATS #
Overall 1 of 1
Sector (Construction) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1