AV Homes Inc.
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AV Homes Inc. - overview
Established
1970
Location
Pittsburgh, PA, US
Primary Industry
Real Estate Development & Operating Companies
About
AV Homes Inc. is a leading real estate development company focused on building innovative residential communities that enhance the quality of life for residents through thoughtful design and sustainable practices. AV Homes Inc. specializes in residential real estate development, primarily engaged in the construction of single-family homes and master-planned communities.
Founded in 1970 and headquartered in Pittsburgh, US, the company transitioned its strategy to focus exclusively on residential developments over the years. TPG announced an investment of USD 135 million in AV Homes Inc. in June 2013, marking a significant funding round in its history. The company has one known deal in its portfolio, with its most recent transaction occurring on June 20, 2013.
AV Homes Inc. specializes in the development of residential communities, offering a range of homes designed to meet the diverse needs of families and individuals. Their offerings include single-family homes and larger master-planned neighborhoods, which emphasize community living and sustainability. The company focuses on quality construction and innovative design, catering to various markets with tailored housing solutions that appeal to homebuyers seeking modern amenities and a sense of community.
The company's revenue for the most recent fiscal year, 2012, amounted to USD 106. 29 mn, with an EBITDA of USD -72. 40 mn for the same year. AV Homes Inc.
generates revenue primarily through the sale of residential properties, capitalizing on the growing demand for quality housing in its targeted markets. AV Homes Inc. plans to leverage its recent investment from TPG to enhance its development capabilities and expand into new geographic markets. The company is aiming to launch several new residential projects over the next few years, focusing on regions with high demand for housing.
Specific target markets for expansion include the Southeast and Southwest US, with initiatives expected to roll out by 2015. This growth strategy will utilize the funding to support new project developments and marketing efforts.
Primary Industry
Real Estate Development & Operating Companies
Sub Industries
Real Estate Development & Operating Companies
Website
www.avhomesinc.com
Total Amount Raised
Subscriber access only
AV Homes Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| N/A | Completed | Eastmark Executive Club | - |
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