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.

Read More

Previous NAHB Index Reaches a Nine-Month High
Next Builder M&A Talk

About author

Michael Anderson
Michael Anderson 249 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.

View all posts by this author →

You might also like

Homebuilders / Land Developers

Century Communities Brings Next Generation Quality to Southern California

Century Communities expands its regional presence with the addition of two new communities in the Southern California market.

Homebuilders / Land Developers

William Lyon Homes Releases Earnings Results, Misses Expectations

William Lyon Homes (WLH) announced its most recent quarterly financial results on Wednesday, Feb-22-2017. WLH reported $0.60 earnings per share for the quarter, missing the analyst consensus estimate by $-0.07.