Lennar Corporation Mergers and Acquisitions


Lennar Corporation

700 N W 107th Avenue
Miami, FL 33172-3128
United States
Tel:1/305/559-4000
URL: http://www.lennar.com
Primary Symbol & Exchange:
LEN - Common Stock - New York Stock Exchange
Other Symbol & Exchange:
LEN.B - Common Stock (Class B) - New York Stock Exchange
Industry:
Construction
Lennar Corporation Company Snapshot

Lennar Corporation Deal Timeline


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Acquisitions > 100 M$ 10 to 100 M$ < 10M$ Stakes Divestitures

Lennar Corporation M&A History


Lennar Corp acquires a minority stake in LandSource Communities Dvlp from MW Housing Partners (pending) Lennar Corp acquires a minority stake in LandSource Communities Dvlp from MW Housing Partners (pending)Mar 21, 2009

US - Lennar Corp agreed to raise its stake from ##%, by acquiring an undisclosed minority stake in bankrupt LandSource Communities Development LLC, a provider of construction services, from its joint venture partners MW Housing Partners (##%) and LNR Property Corp

Lennar Corp acquires remaining interest in St Charles Active Adult Commun (pending) Lennar Corp acquires remaining interest in St Charles Active Adult Commun (pending)Nov 25, 2008

US - Lennar Corp agreed to acquire the remaining ##% interest, which it did not already own, in St Charles Active Adult Community LLC, a real estate development firm, from American Community Properties Trust for $#.### mil.

MW Housing Partners acquires LandSource Communities Dvlp LL from Lennar Corp MW Housing Partners acquires LandSource Communities Dvlp LL from Lennar CorpFeb 28, 2007

US - MW Housing Partners acquired a ##% interest in LandSource Communities Development LLC, a provider of construction services and a joint venture between Lennar Corp and LNR Property Corp, for an estimated $### mil in cash and assets. The assets

USI Holdings Corp acquires Universal American Ins-Book from Lennar Corp USI Holdings Corp acquires Universal American Ins-Book from Lennar CorpSep 26, 2006

US - USI Holdings Corp acquired the book of business of Universal American Insurance Agency Inc, a provider of personal property and casualty insurance services, a unit of Lennar Corp.

Bright House Networks Inc acquires Lennar Commun Ventures-Telecom from Lennar Corp Bright House Networks Inc acquires Lennar Commun Ventures-Telecom from Lennar CorpMar 01, 2006

US - Bright House Networks Inc acquired the telecommunications business of Lennar Communications Ventures, a provider of telecommunications services, and a unit of Lennar Corp.

Lennar Corp acquires Admiral Homes LLC Lennar Corp acquires Admiral Homes LLCNov 23, 2005

US - Lennar Corp acquired Admiral Homes LLC, a constructor of residential buildings. Terms were not disclosed.

Investor Group acquires North American Exchange Co from Lennar Corp (pending) Investor Group acquires North American Exchange Co from Lennar Corp (pending)May 25, 2005

US - An investor group, comprised of Commercial Capital Bancorp Inc,Irvine,California (CC) and TIMCOR Exchange Corp, a unit of CC agreed to acquire North American Exchange Co, a provider of real estate agency services, from North American Asset Development

Lennar Corp acquires Roseland-Property Portfoli(15) from Roseland Property Co Lennar Corp acquires Roseland-Property Portfoli(15) from Roseland Property CoMar 22, 2005

US - Lennar Corp acquired a portfolio of ## residential properties from Roseland, located in the greater New York and Boston areas, from Roseland Property Co, an owner and operator of residental properties. The oprations formed joint-venture. Terms were not disclosed.

Lennar Corp acquires Classic American Homes Inc Lennar Corp acquires Classic American Homes IncJun 07, 2004

US - Lennar Corp acquired Classic American Homes Inc, a constructor of residential homes, for an undisclosed amount in cash.

Lennar Corp acquires Newhall Land-Properties from Newhall Land & Farming Co Lennar Corp acquires Newhall Land-Properties from Newhall Land & Farming CoJan 27, 2004

US - Lennar Corp (LEN) acquired certain income-producing properties of Newhall Land & Farming Co (NL), a real estate development firm, for an estimated $### mil. Concurrently, An investor group comprised of LNR Property Corp and LEN acquired all the outstanding

North American Title Group acquires Mid America Title Co North American Title Group acquires Mid America Title CoJun 30, 2003

US - North American Title Group Inc, a unit of Lennar Corp, acquired Mid America Title Co, a title insurance company.

Lennar Corp acquires Coleman Homes Inc Lennar Corp acquires Coleman Homes IncMay 01, 2003

US - Lennar Corp acquired Coleman Homes Inc, a constructor of residential homes.

Pulte Homes Inc acquires Colrich Communities-Certain from Lennar Corp Pulte Homes Inc acquires Colrich Communities-Certain from Lennar CorpApr 14, 2003

US - Pulte Homes Inc acquired certain assets of Lennar Corp's Colrich Communities subsidiary, a real estate development firm.

Lennar Corp acquires Seppala Homes Lennar Corp acquires Seppala HomesJan 30, 2003

US - Lennar Corp acquired Seppala Homes, a constructor of single-family homes, for an undisclosed amount in cash.

Lennar Corp acquires Summit Homes Illinois Lennar Corp acquires Summit Homes IllinoisOct 16, 2002

US - Lennar Corp (LC) acquired Summit Homes, a constructor of residential buildings, for an undisclosed amount in cash. Concurrently, LC agreed to acquire Concord Homes.

Lennar Corp acquires Concord Homes Lennar Corp acquires Concord HomesAug 15, 2002

US - Lennar Corp (LC) agreed to acquire Concord Homes, a constructor of residential buildings, for an undisclosed amount in cash. Concurrently, LC agreed to acquire Summit Homes.

Lennar Corp acquires remaining interest in Fortress Group Inc Lennar Corp acquires remaining interest in Fortress Group IncAug 05, 2002

US - Lennar Corp (LC) acquired the remaining #.### mil common shares, or ##.###% interest on a fully diluted basis, which it did not already own, in Fortress Group Inc (FGI), a residential buildings construction company, for $#.##

Lennar Corp acquires Cambridge Homes Lennar Corp acquires Cambridge HomesJul 11, 2002

US - Lennar Corp (LNC) acquired Cambridge Homes, a constructor of residential buildings, for an undisclosed amount in cash. Concurrently, LNC acquired Pacific Century Homes.

Lennar Corp acquires Pacific Century Homes Lennar Corp acquires Pacific Century HomesJul 11, 2002

US - Lennar Corp (LNC) acquired Pacific Century Homes, a constructor of residential buildings, for an undisclosed amount in cash. Concurrently, LNC acquired Cambridge Homes.

Lennar Corp acquires B Andrews & Co Lennar Corp acquires B Andrews & CoJul 01, 2002

US - Lennar Corp acquired B Andrews & Co, a constructon company of residential homes and buildings.

Lennar Corporation M&A Summary


Lennar Corporation has made 29 acquisitions while taking stakes in 3 companies. Lennar Corporation has 15 divestitures during this period.
YearAcquisitionsStakesDivestitures
2009000
2008000
2007001
2006002
2005200
2004200
2003301
2002712
2001102
2000100
1999000
1998201
1997201
1996102
1995111
1994200
1993000
1992100
1991211
1990000
1989000
1988001
1987100
1986000
1985000
1984100
Total29315

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