United Homes Group to acquire Herring Homes.

United Homes Group, a homebuilder, agreed to acquire Herring Homes, a company providing construction services. Financial terms were not disclosed. "We are very pleased to begin executing our growth strategy with this move into the Raleigh market with an established team that brings a pipeline of lot inventory and established relationships with local developers. Raleigh is the 10th largest market in the nation over the last twelve months, with significant migration into the area and a very healthy job market. Our strategy is focused on high-growth markets in the southeast, and Raleigh certainly fits the profile for our expansion plans," Michael Nieri, United Homes Group CEO.