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Texas Home Builder Sells Majority Interest to Japanese Company

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Mergers + Acquisitions

Texas Home Builder Sells Majority Interest to Japanese Company


December 27, 2018

North Texas homebuilder Impression Homes has agreed to sell 51 percent of its interest to Misawa Homes America. The company, which is a subsidiary of Misawa Homes Co., plans to purchase Impression Homes in full over time. Impression Homes has established itself in the first-time and move-up buyer markets in Dallas-Fort Worth. It’s set to close 580 homes in 2018, which is a 40 percent growth increase from last year.

 

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