United Homes Group, Inc. acquired Homebuilding business and assets of Creekside Custom Homes, LLC.
January 28, 2024
Share
United Homes Group, Inc. (NasdaqGM:UHG) acquired Homebuilding business and assets of Creekside Custom Homes, LLC on January 26, 2024. As a part of transaction, Jamie McLain, owner of Creekside Custom Homes, will stay on as the Coastal Division Land Manager of United Homes Group and the Creekside Custom Homes team will join United Homes Group.
United Homes Group, Inc. (NasdaqGM:UHG) completed the acquisition of Homebuilding business and assets of Creekside Custom Homes, LLC for $16.9 million on January 26, 2024.
United Homes Group, Inc. is a residential builder. The Company designs, builds and sells homes in high growth markets, including South Carolina, North Carolina, and Georgia. It has 63 active communities. UHG principally builds detached single-family houses, and, to a lesser extent, attached single-family houses, including duplex houses and town houses. The Company operates through two segments: South Carolina and Other. South Carolina segment consists primarily of the Companyâs homebuilding operations in South Carolina and a small amount of operations in Georgia. Other segment consists of homebuilding operations in Raleigh, NC, as well as the Companyâs mortgage banking joint venture. It leases local offices in Myrtle Beach, South Carolina, Mauldin, South Carolina and Raleigh, North Carolina. The Company has delivered approximately 14,000 homes.
UNITED HOMES GROUP, INC. 