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Century Communities More Than Doubles Houston Community Count and Becomes Top 5 Houston Builder With Anglia Homes Acquisition

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Century Communities (NYSE: CCS), a leading homebuilder, has acquired substantially all assets of Anglia Homes, doubling its community count in the Houston area with the addition of 25+ communities. This move cements Century's position as a top five builder in Greater Houston. The acquired assets, comprising single-family homes priced from the mid $200Ks to high $400Ks, will transition to the Century brand and be available on its website. This acquisition aligns with Century's strategy of expanding in existing markets and enhancing access to capital-efficient lots.

Jim Francescon, Century's EVP, highlights the strategic value of this acquisition, while CFO Scott Dixon notes it as part of their profitable growth strategy. Anglia's focus on quality, location, affordability, and design mirrors Century's values, making this acquisition a strategic fit.

Whelan Advisory acted as the financial advisor for Anglia Homes.

Century Communities (NYSE: CCS), un importante costruttore di case, ha acquisito praticamente tutti gli asset di Anglia Homes, raddopiando il numero delle sue comunità nell'area di Houston con l'aggiunta di oltre 25 comunità. Questa mossa consolida la posizione di Century come uno dei primi cinque costruttori nella Grande Houston. Gli asset acquisiti, che comprendono case unifamiliari con prezzi che variano dai 200.000$ ai 400.000$, saranno trasferiti al marchio Century e saranno disponibili sul suo sito web. Questa acquisizione è in linea con la strategia di espansione di Century nei mercati esistenti e di miglioramento dell'accesso a lotti a capitale efficiente.

Jim Francescon, EVP di Century, sottolinea il valore strategico di questa acquisizione, mentre il CFO Scott Dixon la definisce parte della loro strategia di crescita redditizia. Il focus di Anglia su qualità, posizione, accessibilità e design rispecchia i valori di Century, rendendo questa acquisizione una scelta strategica.

Whelan Advisory ha agito come consulente finanziario per Anglia Homes.

Century Communities (NYSE: CCS), un destacado constructor de viviendas, ha adquirido prácticamente todos los activos de Anglia Homes, duplicando su cuenta de comunidades en el área de Houston con la adición de más de 25 comunidades. Este movimiento consolida la posición de Century como uno de los cinco principales constructores en el Gran Houston. Los activos adquiridos, que comprenden viviendas unifamiliares con precios que oscilan desde los 200,000$ hasta los 400,000$, pasarán a formar parte de la marca Century y estarán disponibles en su sitio web. Esta adquisición se alinea con la estrategia de Century de expandirse en mercados existentes y mejorar el acceso a terrenos eficientes en capital.

Jim Francescon, EVP de Century, destaca el valor estratégico de esta adquisición, mientras que el CFO Scott Dixon la menciona como parte de su estrategia de crecimiento rentable. El enfoque de Anglia en calidad, ubicación, asequibilidad y diseño refleja los valores de Century, lo que convierte a esta adquisición en una adaptación estratégica.

Whelan Advisory actuó como asesor financiero para Anglia Homes.

센추리 커뮤니티 (NYSE: CCS)는 주요 주택 건설업체로, 앵글리어 홈즈의 거의 모든 자산을 인수하여 휴스턴 지역의 커뮤니티 수를 25개 이상으로 두 배로 늘렸습니다. 이 결정은 센추리의 그레이터 휴스턴에서의 상위 5대 건설업체로서의 입지를 확고히 해줍니다. 인수된 자산은 가격이 중간 20만 달러대에서 고가 40만 달러대에 이르는 단독주택을 포함하며, 센추리 브랜드로 전환되어 웹사이트에서 이용 가능할 것입니다. 이 인수는 기존 시장에서의 확장 및 자본 효율적인 토지 접근성 향상이라는 센추리의 전략과 일치합니다.

Jim Francescon, 센추리의 부사장은 이 인수의 전략적 가치를 강조하며, CFO Scott Dixon은 이를 수익성 있는 성장 전략의 일환으로 설명합니다. 앵글리어의 품질, 위치, 경제성 및 디자인에 대한 집중은 센추리의 가치와 일치하여 이 인수를 전략적으로 적합하게 만듭니다.

웰란 어드바이저리는 앵글리어 홈즈의 재무 자문으로 활동했습니다.

Century Communities (NYSE: CCS), un constructeur de maisons de premier plan, a acquis pratiquement tous les actifs de Anglia Homes, doublant ainsi son nombre de communautés dans la région de Houston avec l'ajout de plus de 25 communautés. Ce mouvement consolide la position de Century comme l'un des cinq principaux constructeurs dans la Grande Houston. Les actifs acquis, comprenant des maisons unifamiliales dont les prix varient de 200 000 $ à 400 000 $, seront transférés à la marque Century et disponibles sur son site web. Cette acquisition s'inscrit dans la stratégie de Century d'expansion sur les marchés existants et d'amélioration de l'accès à des terrains à capital efficace.

Jim Francescon, EVP de Century, met en avant la valeur stratégique de cette acquisition, tandis que le CFO Scott Dixon la considère comme faisant partie de leur stratégie de croissance rentable. L'accent mis par Anglia sur la qualité, l'emplacement, l'accessibilité et le design reflète les valeurs de Century, rendant cette acquisition stratégiquement appropriée.

Whelan Advisory a agi en tant que conseiller financier pour Anglia Homes.

Century Communities (NYSE: CCS), ein führendes Wohnungsbauunternehmen, hat nahezu alle Vermögenswerte von Anglia Homes übernommen und damit die Anzahl seiner Gemeinschaften im Raum Houston auf über 25 verdoppelt. Dieser Schritt festigt Centurys Position als einer der fünf größten Bauunternehmen im Großraum Houston. Die erworbenen Vermögenswerte, einschließlich von Einfamilienhäusern, deren Preise zwischen 200.000$ und 400.000$ liegen, werden in die Marke Century überführt und auf der Website verfügbar sein. Diese Akquisition steht im Einklang mit Centurys Strategie, in bestehenden Märkten zu expandieren und den Zugang zu kapitaleffizienten Grundstücken zu verbessern.

Jim Francescon, EVP von Century, hebt den strategischen Wert dieser Akquisition hervor, während CFO Scott Dixon sie als Teil ihrer rentablen Wachstumsstrategie bezeichnet. Anglias Fokussierung auf Qualität, Lage, Erschwinglichkeit und Design spiegelt die Werte von Century wider, wodurch diese Akquisition strategisch passend ist.

Die Whelan Advisory Tätigkeit hat als Finanzberater für Anglia Homes fungiert.

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Acquisition adds 25+ communities to the company's Houston operations

GREENWOOD VILLAGE, Colo., July 31, 2024 /PRNewswire/ -- Century Communities, Inc. (NYSE:CCS)—one of the nation's largest homebuilders, an industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2024—today announced the acquisition of substantially all the assets of Anglia Homes, LP ("Anglia Homes").

Century Communities has been active as a major homebuilder in the Houston market since 2014. With the acquisition of Anglia Homes, Century Communities more than doubles its community count in Greater Houston, adding 25+ communities while also strengthening its position and becoming one of the top five homebuilders in the metro area. Going forward, Anglia Homes' operations and assets—consisting of one- and two-story single-family floor plans from the mid $200ks to the high $400ks—will be transitioned to the Century Communities brand, with available homes featured on Century Communities' website.

"Consistent with our strategy of increasing depth within existing markets in a land-light manner, this acquisition cements Century as a top five builder in the Houston metro, while also increasing our go-forward access to capital-efficient finished lots," said Jim Francescon, Executive Vice President of Century Communities. "We want to congratulate Mike Manners, James Hunter, and Thomas Manners for all they have accomplished in building Anglia Homes and welcome the Anglia Homes team to the Century family."

"We're excited to continue on our strong track record of growth with our second homebuilder acquisition this year and the ninth in Century's history," said Scott Dixon, Chief Financial Officer of Century Communities. "Houston has been one of our strongest-performing metro areas for the past 10 years, and we're confident that Anglia Homes is the perfect addition to continue executing on our strategy of profitable growth with high quality, affordable single-family homes in this dynamic market."

"Since 2008, our focus has been on quality, location, affordability, and design in order to provide our customers with the best homebuying experience," said Mike Manners, Chairman of Anglia Homes. "Century Communities not only shares those values, but continually pushes to make the dream of homeownership more accessible. We couldn't be prouder to have Anglia be part of the Century family."

Whelan Advisory served as the exclusive financial advisor for Anglia Homes. 

About Century Communities

Century Communities, Inc. (NYSE: CCS) is one of the nation's largest homebuilders, an industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2024, consecutively awarded for a second year. Through its Century Communities and Century Complete brands, Century's mission is to build attractive, high-quality homes at affordable prices to provide its valued customers with A HOME FOR EVERY DREAM®. Century is engaged in all aspects of homebuilding — including the acquisition, entitlement and development of land, along with the construction, innovative marketing and sale of quality homes designed to appeal to a wide range of homebuyers. The Company operates in 18 states and over 45 markets across the U.S., and also offers title, insurance and lending services in select markets through its Parkway Title, IHL Home Insurance Agency, and Inspire Home Loans subsidiaries. To learn more about Century Communities, please visit www.centurycommunities.com.  

About Anglia Homes

Founded in 2008 by Mike Manners, James Hunter, and Thomas Manners, Anglia Homes, LP, builds single-family homes in Houston, Texas. The company is known for constructing high-quality homes across several communities with a focus on the entry-level and move-up segment. The company exclusively purchases finished lots from its strong network of local developers in standalone communities and larger master plans.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and, as such, may involve known and unknown risks, uncertainties and assumptions. Forward-looking statements may be identified by the use of words such as "anticipate," "believe," "expect," "estimate," "plan," "outlook," and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on historical information available at the time the statements are made and are based on management's reasonable belief or expectations with respect to future events, and are subject to risks and uncertainties, many of which are beyond the Company's control, that could cause actual performance or results to differ materially from the belief or expectations expressed in or suggested by the forward-looking statements. Forward-looking statements speak only as of the date on which they are made and the Company undertakes no obligation to update any forward-looking statement to reflect future events, developments or otherwise, except as may be required by applicable law. Investors are referred to the Company's Annual Report on Form 10-K for additional information regarding the risks and uncertainties that may cause actual results to differ materially from those expressed in any forward-looking statement.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/century-communities-more-than-doubles-houston-community-count-and-becomes-top-5-houston-builder-with-anglia-homes-acquisition-302211480.html

SOURCE Century Communities, Inc.

FAQ

What did Century Communities (CCS) announce on July 31, 2024?

Century Communities announced the acquisition of substantially all assets of Anglia Homes, doubling its community count in Houston.

How many communities did Century Communities (CCS) add in Houston with the Anglia Homes acquisition?

Century Communities added 25+ communities in Houston with the acquisition of Anglia Homes.

What is the price range of the homes included in the Anglia Homes acquisition by Century Communities (CCS)?

The homes are priced from the mid $200Ks to the high $400Ks.

How will the Anglia Homes assets be branded after the acquisition by Century Communities (CCS)?

The assets will be transitioned to the Century Communities brand and featured on their website.

Why is the acquisition of Anglia Homes significant for Century Communities (CCS)?

The acquisition makes Century Communities a top five homebuilder in Houston and aligns with their strategy to expand in existing markets efficiently.

CENTURY COMMUNITIES, INC.

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