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Announced

Completed

Sekisui House completed the acquisition of The Holt Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Domestic

land developer

Acquisition

Single Bidder

Real Estate Holding and Development

Private

Friendly

Majority

Completed

Synopsis

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Sekisui House, a homebuilder and diversified developer, completed the acquisition of The Holt Group, a private homebuilder and land developer. Financial terms were not disclosed. "We are excited to partner with Holt to capitalize on compelling opportunities in the U.S. housing market, particularly, in the Pacific Northwest,. Holt has built a first-rate land position and is poised to become the dominate residential real estate player in the region, which is one of the fastest growing housing markets in the U.S. We will work together to exchange creative ideas that create value and address the increasingly complex needs of the individual homeowner" Hiroaki Takahama, Sekisui House US Holdings CEO.

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