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| Ralph and Linda Huff |
Jacksonville, FL — Dream Finders Homes has completed the acquisition of Fayetteville , NC based homebuilder H&H Homes.
Founded in 1991 by Ralph and Linda Huff, H&H Homes currently operates in 10 markets throughout the Carolinas and has built over 9,000 homes since inception while planning to deliver over 1,000 homes in 2020.
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| Patrick Zalupski |
“Linda and I are extremely pleased with our new partnership with Dream Finders Homes and we are proud to be a part of the DFH Family," said H&H Homes CEO Ralph Huff.
"The
Dream Finders team, under the leadership of Patrick Zalupski, is one that we
feel is aligned with the values that Linda, myself and all H&H employees
hold dear.
“The advantages to both companies are
numerous. Dream Finders has a diverse geographic footprint, that coupled with
the Carolinas footprint of H&H homes, will lend itself to major growth.
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| Jack Rostetter |
"It
was also important to us that the well respected H&H brand be continued
which will benefit our employees, suppliers, trade partners and over 1,800
Coldwell Banker Advantage Real Estate Agents.”
“Dream
Finders has found a great strategic fit in the H&H acquisition that will
allow us to expand our footprint to the great state of North Carolina ,” said
Zalupski.
“Ralph
and Linda Huff have built a truly wonderful business, with a culture of
building high quality homes that provide significant value and lifestyle to
their customers, which aligns well with Dream Finders’ core values.
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| Marty O’Mahony |
"We
look forward to carrying on the Huff’s legacy and making them proud as we
continue the growth of H&H. We are also excited that Jack Rostetter,
current President of H&H Homes, will stay on to help lead the growth as
President of the Carolinas division for Dream Finders Homes.”
The
acquisition was financed by Boston Omaha Corporation,
one of the largest shareholders in Dream Finders Homes. Investment Banking
Services for H&H Homes were provided by ORE Advisory CEO, Marty O’Mahony.
CONTACTS:
Beth Payan
Patrick
Zalupski
Dream Finders Homes
Patrick.Zalupski@dreamfindershomes.com.
Marty
O’Mahony
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