United Homes Group Acquires Creekside Custom Homes' Homebuilding Business

United Homes Group Acquires Rosewood Communities

October 26, 2023

Real Estate

United Homes Group, Inc. (UHG) has acquired Rosewood Communities, a private homebuilder operating in the Upstate South Carolina markets of Greenville and Clemson. The acquisition expands UHG's footprint in the Upstate and adds Rosewood's cottage-style home designs to UHG's product offering; Mark Nyblom, Rosewood's former owner, will remain as Division Manager - Rosewood.

DiamondHead Holdings Corp. Completes Business Combination with Great Southern Homes to Form United Homes Group, Inc.

March 30, 2023

Construction

DiamondHead Holdings Corp. (a SPAC) closed its business combination with Great Southern Homes, creating United Homes Group, Inc., which began trading on Nasdaq under the ticker UHG on March 31, 2023. Great Southern Homes’ management, led by CEO Michael Nieri, will continue to run the business as the company pursues capital-efficient, land-light expansion across high-growth Southeastern markets.

Dream Finders Homes Acquires Core Assets of Crescent Homes

February 5, 2024

Real Estate

Dream Finders Homes, Inc. acquired the core homebuilding assets of Crescent Ventures, LLC (operating as Crescent Homes), adding approximately 457 homesites, a backlog of ~460 homes (>$265 million) and ~6,200 owned/controlled lots. The deal expands Dream Finders' presence into Charleston and Greenville, South Carolina, and Nashville, Tennessee, and includes a partnership with Crescent founder Ted Terry and his team.

Crete United (Ridgemont Equity Partners) Acquires Hartwig Mechanical, Inc.

November 21, 2024

HVAC & Mechanical

Crete United, a portfolio company of Ridgemont Equity Partners, has acquired Hartwig Mechanical, Inc., a full-service commercial and industrial mechanical contractor founded in 1958. BaseRock Partners served as exclusive financial advisor to Hartwig; the acquisition expands Crete United's geographic footprint and strengthens its presence in the Midwest.

Lennar Acquires Executive Construction Homes

April 7, 2022

Construction

Lennar Corporation has purchased Executive Construction Homes, LLC, acquiring the company's work-in-progress, finished lots, and land pipeline of more than 3,300 lots to expand its presence in the Columbia, South Carolina market. JTW Advisors served as sell-side advisor; Executive Construction Homes' founder Eddie Yandle and his family will remain involved and continue selling finished lots to Lennar through related-party land development companies.

Milestone Partners Forms Insure Homes and Recapitalizes Cypress Group Holdings

January 19, 2021

Insurance

Milestone Partners formed Insure Homes Holdings LLC and invested in a recapitalization of Cypress Group Holdings, acquiring control of Cypress upon regulatory approvals. Insure Homes also acquired four affiliated insurance service businesses — Cornerstone Operations Group, Access Re, Vista Re and Allied Restoration — creating a vertically integrated, technology-enabled specialty homeowners insurance platform.