Stanley Martin Expands in NC with Windsor Homes Purchase
Stanley Martin Homes acquired the assets and operations of Windsor Homes, a prominent Greensboro-based homebuilder, expanding its presence in North Carolina. This acquisition adds 32 new communities to Stanley Martin’s portfolio and significantly increases its controlled lot count in the state, particularly in high-demand areas like Greensboro, Winston-Salem, and Wilmington.
- Market Impact:
The acquisition strengthens Stanley Martin’s position in North Carolina, a market with high housing demand and limited inventory.
- Geographic Expansion:
The acquisition adds new communities in key North Carolina markets, including:
- Greensboro
- Winston-Salem
- High Point
- Burlington
- Wilmington
- Increased Lot Count:
The deal significantly boosts Stanley Martin’s controlled lot count by approximately 25% in North Carolina. Windsor controls about 2,100 lots across the Triad region and has 270 homes under construction.
- Background:
Whelan Advisory acted as the exclusive financial advisor to Windsor Homes in the sale. This represents Whelan’s 10th transaction with Japanese-owned buyers. In its release, Whelan noted the company’s track record working with founder-owned businesses, as praised by Windsor founder Tom Hall. The firm has advised on 45 successful transactions since 2018.
“We met Margaret at a conference years ago before we were looking to sell. She stayed in touch, visited us in Greensboro, and knew the fit and philosophies were aligned when Stanley Martin indicated interest in our markets. Whelan’s understanding of the market and personalities of the companies she serves is unsurpassed. In addition, the technical, financial, and legal guidance the Whelan team, Andrea and Trent in particular, provided throughout the transaction process was invaluable.”
Tom Hall, Founder & President, Windsor Homes
