United Homes Group Announces Acquisition Of Homebuilding Business Of Creekside Custom Homes; Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
United Homes Group (UHG) has acquired the homebuilding business of Creekside Custom Homes. The financial terms of the deal have not been disclosed.
January 29, 2024 | 9:33 pm
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United Homes Group has acquired Creekside Custom Homes' homebuilding business, potentially expanding its market share and operational capabilities.
Acquisitions often lead to an increase in market share and improved operational capabilities, which can be positive for the acquiring company's stock price in the short term. However, without financial details, the full impact on UHG's financials remains uncertain.
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