In the latest home-building deal, Century Communities has acquired Grand View Builders for an undisclosed amount.
Grand View Builders is a family-owned and operated home-building company that is headquartered in Houston. The company focuses on developing single-family residences in the Houston area, including in the Lakes of Bella Terra, Stewarts Forest, the Township and Raleigh Creek communities.
Greenwood Village, Colorado-based Century Communities builds single-family homes, townhomes and apartment buildings in Colorado, Texas and Nevada. The deal allows the company to expand its reach in the Houston area.
Michael Kahn & Associates LLC acted as Grand View’s financial adviser on the deal.
The deal comes during a busy time for construction-related M&A. There have been several building products deals lately, including Beacon Roofing Supply Inc.’s (Nasdaq: BECN) acquisition of All Weather Products Ltd. and Kodiak Building Partners’ purchase of Barnsco Inc.