Standard Pacific and Ryland Announce Merger

Standard Pacific and Ryland Announce Merger

Number 11 (in terms of unit sales volume) ranked Standard Pacific and Number 5 ranked Ryland announced plans to merge. The post-merger entity will be the 4th largest homebuilding company in the country with a market capitalization of $5.2 billion and revenue of $5.1 billion (over the last 12 months). Ryland’s CEO, Larry Nicholson, will take over the roles of CEO and president of the combined company while Scott Stowell, Standard Pacific’s CEO, will become its executive chairman.

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Michael Anderson
Michael Anderson 247 posts

Over the course of his 30-year career, Michael Anderson has worked in the residential development industry in the Pacific Northwest, Northern California and Southern California. He has acquired residential land in excess of $300M for both land development and homebuilding entities and has overseen the construction of approximately 2500 homes. Currently, in semi-retirement, and based out of Newport Beach, CA, Michael continues to invest in and stay abreast of the land markets.

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