Acquisition Expands PulteGroup's Midwest Operations into Columbus, Louisville and Lexington PulteGroup, Inc. (NYSE: PHM) announced today that it has acquired the real estate assets of Dominion Homes , one of the largest builders in Columbus, Ohio , and Louisville, Ky. Dominion also maintains operations in Lexington , Ky. In 2013, Dominion delivered approximately 850 homes across its three markets and generated revenues of approximately $170 million . Financial terms for the transaction were not disclosed. PulteGroup has initially acquired approximately 6,500 lots owned or under option and expects to purchase approximately 1,600 additional lots within the next 45 days upon completion of certain additional due diligence. The acquired Dominion assets, which serve entry-level and move-up buyers, include 27 open communities in Columbus, 11 open communities in Louisville and three open communities in Lexington. "In purchasing Dominion's real estate portfolio, we acquired a number of
Each year, 24/7 Wall St. identifies 10 American brands that we predict will disappear before the end of the next year. This year’s list reflects the fact that mergers and acquisitions are at unprecedented ...
What makes your city work? Is it the tax rate? Sound enforcement of regulations? Some other unknown piece of magic? For the third year in a row Thumbtack has partnered with the Ewing Marion Kauffman Foundation to ask nearly 13,000 small business owners: what makes your government friendly to small business? And the responses we [...]
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