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Announced

Completed

D.R. Horton completed the acquisition of Riggins Custom Homes for $107m.

Financials

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Transaction Value£86m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Completed

Majority

United States

Construction Services

Friendly

Domestic

Private

homebuilder

Acquisition

Synopsis

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D.R. Horton, a home construction company, completed the acquisition of Riggins Custom Homes, a builder in Northwest Arkansas, for $107m. “We are excited for the Riggins team to join the D.R. Horton family. Their quality building operations and local market expertise make Riggins an excellent extension as we grow our local start-up market position in Northwest Arkansas,” Donald R. Horton, D.R. Horton Chairman.

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