Acquisition History / Sekisui House, Ltd. / M.D.C. Holdings, Inc.
Sekisui House, Ltd. Acquires M.D.C. Holdings, Inc.
Announced January 18, 2024 — $4.95B
What happened
Sekisui House agreed to buy 100% of Colorado-based homebuilder M.D.C. Holdings through a US subsidiary, creating the fifth-largest US homebuilder group with roughly 15,000 homes a year. M.D.C. had sales of about JPY 845bn and operating profit of JPY 114bn. The purchase supports Sekisui House's target of 10,000 overseas detached homes a year.
- Acquirer
- Sekisui House, Ltd.
- Target
- M.D.C. Holdings, Inc.
- Announced
- January 18, 2024
- Price
- $4.95B
- Industry
- Homebuilding
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Sekisui House, Ltd. acquire M.D.C. Holdings, Inc.?
Sekisui House, Ltd. acquired M.D.C. Holdings, Inc. on January 18, 2024. This was Sekisui House, Ltd.'s 1st publicly tracked acquisition out of 1 we have on record.
How much did Sekisui House, Ltd. pay for M.D.C. Holdings, Inc.?
Sekisui House, Ltd. paid $4.95B for M.D.C. Holdings, Inc..
What does M.D.C. Holdings, Inc. do?
Sekisui House agreed to buy 100% of Colorado-based homebuilder M.D.C. Holdings through a US subsidiary, creating the fifth-largest US homebuilder group with roughly 15,000 homes a year. M.D.C. had sales of about JPY 845bn and operating profit of JPY 114bn. The purchase supports Sekisui House's target of 10,000 overseas detached homes a year.
What other Homebuilding companies has Sekisui House, Ltd. acquired?
M.D.C. Holdings, Inc. is Sekisui House, Ltd.'s only publicly tracked acquisition in Homebuilding so far.