Add-on Acquisition • Construction

NVR Acquires Heartland Homes

On January 2, 2013, NVR acquired construction company Heartland Homes

Acquisition Context

This is NVR’s 1st transaction in the Construction sector.
This is NVR’s 1st transaction in the United States.
This is NVR’s 1st transaction in Pennsylvania.

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M&A Deal Summary
Date	January 2, 2013
Target	Heartland Homes
Sector	Construction
Buyer(s)	NVR
Deal Type	Add-on Acquisition

Target Company

Heartland Homes

Pittsburgh, Pennsylvania, United States

Heartland Homes, Inc. is a homebuilder in Pittsburgh, Pennsylvania.

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Buyer Overview 1

Buyer

NVR

Reston, Virginia, United States

Category	Company
Founded	1980
Sector	Construction
Employees	7,000
Revenue	10.5B USD (2024)

DESCRIPTION

NVR is a homebuilder in United States. The Company is engaged in the construction and sale of single-family detached homes, townhomes and condominium buildings. To serve customers of its homebuilding operations, NVR also operates a mortgage banking and title services business. NVR was founded in 1980 and is based in Reston, Virginia.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Construction	1 of 1
Type: Add-on Acquisition	1 of 1
State: Pennsylvania	1 of 1
Country: United States	1 of 1
Year: 2013	1 of 1

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