The Advisor Homebuilders and Developers Trust

Proven Partners in M&A and Capital Raising

talk with us

Recent BAG Advisory Transactions

May 2025
Olivia Clarke Homes
Scott Felder Homes
acquired by
acquired
Scott Felder Homes
Olivia Clarke Homes
May 2025
Southern Development Homes
Keystone Custom Homes
acquired by
acquired
Keystone Custom Homes
Southern Development Homes
February 2025
Private mid-Atlantic builder land/lot portfolio
Lennar
acquired by
acquired
Lennar
Private mid-Atlantic builder land/lot portfolio
Private Mid-Atlantic builder sold land/lot portfolio to Lennar
February 2025
SouthCraft Builders
Empire Communities
acquired by
acquired
Empire Communities
SouthCraft Builders
see more transactions
>$20+ Billion
Capital raised
100+
M&A Transactions

Closed
>$30 Billion
Value of M&A Transactions (since 2004)

Since 2021, we have advised on more mergers and acquisitions for U.S. homebuilders than any other advisor 1

BAG served as exclusive sell‑side advisor to Olivia Clarke Homes in its sale to Scott Felder Homes (backed by Platform Ventures), a strategic transaction that marked Scott Felder’s entry into the high‑growth Dallas–Fort Worth market while preserving Olivia Clarke’s boutique brand and leadership post‑close.
May 2025
Scott Felder HomesAquired by:Olivia Clarke Homes
BAG Served as
Sell-side advisor
Buy-side advisor
BAG served as exclusive sell‑side advisor to Olivia Clarke Homes in its sale to Scott Felder Homes (backed by Platform Ventures), a strategic transaction that marked Scott Felder’s entry into the high‑growth Dallas–Fort Worth market while preserving Olivia Clarke’s boutique brand and leadership post‑close.
May 2025
Scott Felder HomesAquired by:Olivia Clarke Homes
BAG Served as
Sell-side advisor
Buy-side advisor
BAG advised Keystone Custom Homes on its acquisition of Southern Development Homes, expanding into Central Virginia while retaining Southern’s local leadership and aligning with a shared mission of reinvesting profits into the community.
May 2025
Keystone Custom HomesAquired by:Southern Development Homes
BAG Served as
Sell-side advisor
Buy-side advisor
BAG advised Keystone Custom Homes on its acquisition of Southern Development Homes, expanding into Central Virginia while retaining Southern’s local leadership and aligning with a shared mission of reinvesting profits into the community.
May 2025
Keystone Custom HomesAquired by:Southern Development Homes
BAG Served as
Sell-side advisor
Buy-side advisor
BAG served as sell‑side advisor to a Mid‑Atlantic private builder in selling land and lot inventory to Lennar, enabling the builder to recycle capital while providing Lennar with strategic supply in a constrained market.
February 2025
LennarAquired by:Private mid-Atlantic builder land/lot portfolio
BAG Served as
Sell-side advisor
Buy-side advisor
BAG served as sell‑side advisor to a Mid‑Atlantic private builder in selling land and lot inventory to Lennar, enabling the builder to recycle capital while providing Lennar with strategic supply in a constrained market.
February 2025
LennarAquired by:Private mid-Atlantic builder land/lot portfolio
BAG Served as
Sell-side advisor
Buy-side advisor
BAG served as exclusive sell-side advisor to SouthCraft Builders in its sale to Empire Communities. The transaction expands Empire’s product offerings in the greater Charlotte market and adds a strong land pipeline to support continued growth.
February 2025
Empire CommunitiesAquired by:SouthCraft Builders
BAG Served as
Sell-side advisor
Buy-side advisor
BAG served as exclusive sell-side advisor to SouthCraft Builders in its sale to Empire Communities. The transaction expands Empire’s product offerings in the greater Charlotte market and adds a strong land pipeline to support continued growth.
February 2025
Empire CommunitiesAquired by:SouthCraft Builders
BAG Served as
Sell-side advisor
Buy-side advisor
BAG acted as exclusive sell‑side advisor to Monticello Homes in its asset sale to Drees Homes, enabling Drees to expand into San Antonio and achieve a presence in all four major Texas metros while keeping Monticello’s culture and leadership as part of Drees’ Centennial growth strategy.
January 2025
Drees HomesAquired by:Monticello Homes
BAG Served as
Sell-side advisor
Buy-side advisor
BAG acted as exclusive sell‑side advisor to Monticello Homes in its asset sale to Drees Homes, enabling Drees to expand into San Antonio and achieve a presence in all four major Texas metros while keeping Monticello’s culture and leadership as part of Drees’ Centennial growth strategy.
January 2025
Drees HomesAquired by:Monticello Homes
BAG Served as
Sell-side advisor
Buy-side advisor
BAG served as sell‑side advisor to MasterCraft Builder Group in its sale to Perry Homes, a strategic private‑to‑private transaction which provided Perry with a strong entry into Jacksonville/NE Florida while preserving MasterCraft’s brand and values into the transition.
December 2024
Perry HomesAquired by:Mastercraft Building Group
BAG Served as
Sell-side advisor
Buy-side advisor
BAG served as sell‑side advisor to MasterCraft Builder Group in its sale to Perry Homes, a strategic private‑to‑private transaction which provided Perry with a strong entry into Jacksonville/NE Florida while preserving MasterCraft’s brand and values into the transition.
December 2024
Perry HomesAquired by:Mastercraft Building Group
BAG Served as
Sell-side advisor
Buy-side advisor
BAG acted as exclusive sell‑side advisor to Elliott Homes in its sale of assets to Meritage Homes, enabling Meritage’s expansion into the Gulf Coast with over 5,500 lots and production ramp-up in communities across Mississippi, Alabama, and the Florida Panhandle.
October 2024
Meritage HomesAquired by:Elliott Homes
BAG Served as
Sell-side advisor
Buy-side advisor
BAG acted as exclusive sell‑side advisor to Elliott Homes in its sale of assets to Meritage Homes, enabling Meritage’s expansion into the Gulf Coast with over 5,500 lots and production ramp-up in communities across Mississippi, Alabama, and the Florida Panhandle.
October 2024
Meritage HomesAquired by:Elliott Homes
BAG Served as
Sell-side advisor
Buy-side advisor
BAG acted as exclusive sell-side advisor to WCH Homes in its sale to Lennar, enabling Lennar to secure a critical lot pipeline and strengthen its market position in Central Georgia.
September 2024
LennarAquired by:WCH Homes
BAG Served as
Sell-side advisor
Buy-side advisor
BAG acted as exclusive sell-side advisor to WCH Homes in its sale to Lennar, enabling Lennar to secure a critical lot pipeline and strengthen its market position in Central Georgia.
September 2024
LennarAquired by:WCH Homes
BAG Served as
Sell-side advisor
Buy-side advisor
BAG advised DRB Homes in the sale of its Pittsburgh division to D.R. Horton, supporting the transition of key personnel, homes, and a robust lot pipeline as DRB exits the market and reallocates resources.
June 2024
D.R. HortonAquired by:DRB Homes (Pittsburgh Division)
BAG Served as
Sell-side advisor
Buy-side advisor
BAG advised DRB Homes in the sale of its Pittsburgh division to D.R. Horton, supporting the transition of key personnel, homes, and a robust lot pipeline as DRB exits the market and reallocates resources.
June 2024
D.R. HortonAquired by:DRB Homes (Pittsburgh Division)
BAG Served as
Sell-side advisor
Buy-side advisor
BAG served as exclusive sell-side advisor to Biscayne Homes in its sale to DRB Homes. The acquisition strengthens DRB’s luxury and move-up offerings in Tampa and provides a strategic lot supply aligned with Sumitomo Forestry’s broader Southeast expansion.
March 2024
DRB HomesAquired by:Biscayne Homes
BAG Served as
Sell-side advisor
Buy-side advisor
BAG served as exclusive sell-side advisor to Biscayne Homes in its sale to DRB Homes. The acquisition strengthens DRB’s luxury and move-up offerings in Tampa and provides a strategic lot supply aligned with Sumitomo Forestry’s broader Southeast expansion.
March 2024
DRB HomesAquired by:Biscayne Homes
BAG Served as
Sell-side advisor
Buy-side advisor
BAG advised Landmark Homes of Tennessee in its strategic sale to Century Communities, enabling Century to expand its Nashville offerings and establish an ongoing land development relationship with the sellers.
January 2024
Century CommunitiesAquired by:Landmark Homes of TN
BAG Served as
Sell-side advisor
Buy-side advisor
BAG advised Landmark Homes of Tennessee in its strategic sale to Century Communities, enabling Century to expand its Nashville offerings and establish an ongoing land development relationship with the sellers.
January 2024
Century CommunitiesAquired by:Landmark Homes of TN
BAG Served as
Sell-side advisor
Buy-side advisor
BAG served as exclusive sell-side advisor to Houston-based ASGi Homes in its sale to D.R. Horton. BAG secured competitive proposals and supported ASGi in closing a transaction with an acquirer aligned with its mission of delivering attainable homes for first-time buyers.
November 2023
DR HortonAquired by:ASGI Homes
BAG Served as
Sell-side advisor
Buy-side advisor
BAG served as exclusive sell-side advisor to Houston-based ASGi Homes in its sale to D.R. Horton. BAG secured competitive proposals and supported ASGi in closing a transaction with an acquirer aligned with its mission of delivering attainable homes for first-time buyers.
November 2023
DR HortonAquired by:ASGI Homes
BAG Served as
Sell-side advisor
Buy-side advisor
BAG served as exclusive sell‑side advisor to Olivia Clarke Homes in its sale to Scott Felder Homes (backed by Platform Ventures), a strategic transaction that marked Scott Felder’s entry into the high‑growth Dallas–Fort Worth market while preserving Olivia Clarke’s boutique brand and leadership post‑close.
May 2025
Scott Felder HomesAquired by:Olivia Clarke Homes
BAG Served as
Sell-side advisor
Buy-side advisor
BAG served as exclusive sell‑side advisor to Olivia Clarke Homes in its sale to Scott Felder Homes (backed by Platform Ventures), a strategic transaction that marked Scott Felder’s entry into the high‑growth Dallas–Fort Worth market while preserving Olivia Clarke’s boutique brand and leadership post‑close.
see case study
May 2025
Scott Felder HomesAquired by:Olivia Clarke Homes
BAG Served as
Sell-side advisor
Buy-side advisor
BAG advised Keystone Custom Homes on its acquisition of Southern Development Homes, expanding into Central Virginia while retaining Southern’s local leadership and aligning with a shared mission of reinvesting profits into the community.
May 2025
Keystone Custom HomesAquired by:Southern Development Homes
BAG Served as
Sell-side advisor
Buy-side advisor
BAG advised Keystone Custom Homes on its acquisition of Southern Development Homes, expanding into Central Virginia while retaining Southern’s local leadership and aligning with a shared mission of reinvesting profits into the community.
see case study
May 2025
Keystone Custom HomesAquired by:Southern Development Homes
BAG Served as
Sell-side advisor
Buy-side advisor
BAG served as sell‑side advisor to a Mid‑Atlantic private builder in selling land and lot inventory to Lennar, enabling the builder to recycle capital while providing Lennar with strategic supply in a constrained market.
February 2025
LennarAquired by:Private mid-Atlantic builder land/lot portfolio
BAG Served as
Sell-side advisor
Buy-side advisor
BAG served as sell‑side advisor to a Mid‑Atlantic private builder in selling land and lot inventory to Lennar, enabling the builder to recycle capital while providing Lennar with strategic supply in a constrained market.
see case study
February 2025
LennarAquired by:Private mid-Atlantic builder land/lot portfolio
BAG Served as
Sell-side advisor
Buy-side advisor
BAG served as exclusive sell-side advisor to SouthCraft Builders in its sale to Empire Communities. The transaction expands Empire’s product offerings in the greater Charlotte market and adds a strong land pipeline to support continued growth.
February 2025
Empire CommunitiesAquired by:SouthCraft Builders
BAG Served as
Sell-side advisor
Buy-side advisor
BAG served as exclusive sell-side advisor to SouthCraft Builders in its sale to Empire Communities. The transaction expands Empire’s product offerings in the greater Charlotte market and adds a strong land pipeline to support continued growth.
see case study
February 2025
Empire CommunitiesAquired by:SouthCraft Builders
BAG Served as
Sell-side advisor
Buy-side advisor
BAG acted as exclusive sell‑side advisor to Monticello Homes in its asset sale to Drees Homes, enabling Drees to expand into San Antonio and achieve a presence in all four major Texas metros while keeping Monticello’s culture and leadership as part of Drees’ Centennial growth strategy.
January 2025
Drees HomesAquired by:Monticello Homes
BAG Served as
Sell-side advisor
Buy-side advisor
BAG acted as exclusive sell‑side advisor to Monticello Homes in its asset sale to Drees Homes, enabling Drees to expand into San Antonio and achieve a presence in all four major Texas metros while keeping Monticello’s culture and leadership as part of Drees’ Centennial growth strategy.
see case study
January 2025
Drees HomesAquired by:Monticello Homes
BAG Served as
Sell-side advisor
Buy-side advisor
BAG served as sell‑side advisor to MasterCraft Builder Group in its sale to Perry Homes, a strategic private‑to‑private transaction which provided Perry with a strong entry into Jacksonville/NE Florida while preserving MasterCraft’s brand and values into the transition.
December 2024
Perry HomesAquired by:Mastercraft Building Group
BAG Served as
Sell-side advisor
Buy-side advisor
BAG served as sell‑side advisor to MasterCraft Builder Group in its sale to Perry Homes, a strategic private‑to‑private transaction which provided Perry with a strong entry into Jacksonville/NE Florida while preserving MasterCraft’s brand and values into the transition.
see case study
December 2024
Perry HomesAquired by:Mastercraft Building Group
BAG Served as
Sell-side advisor
Buy-side advisor
BAG acted as exclusive sell‑side advisor to Elliott Homes in its sale of assets to Meritage Homes, enabling Meritage’s expansion into the Gulf Coast with over 5,500 lots and production ramp-up in communities across Mississippi, Alabama, and the Florida Panhandle.
October 2024
Meritage HomesAquired by:Elliott Homes
BAG Served as
Sell-side advisor
Buy-side advisor
BAG acted as exclusive sell‑side advisor to Elliott Homes in its sale of assets to Meritage Homes, enabling Meritage’s expansion into the Gulf Coast with over 5,500 lots and production ramp-up in communities across Mississippi, Alabama, and the Florida Panhandle.
see case study
October 2024
Meritage HomesAquired by:Elliott Homes
BAG Served as
Sell-side advisor
Buy-side advisor
BAG acted as exclusive sell-side advisor to WCH Homes in its sale to Lennar, enabling Lennar to secure a critical lot pipeline and strengthen its market position in Central Georgia.
September 2024
LennarAquired by:WCH Homes
BAG Served as
Sell-side advisor
Buy-side advisor
BAG acted as exclusive sell-side advisor to WCH Homes in its sale to Lennar, enabling Lennar to secure a critical lot pipeline and strengthen its market position in Central Georgia.
see case study
September 2024
LennarAquired by:WCH Homes
BAG Served as
Sell-side advisor
Buy-side advisor
1 This information is based on internal analysis conducted using a combination of BAG's company records, publicly available sources (including SEC filings and press releases), and third-party databases, including John Burns Research and Consulting and S&P Capital IQ. The data reflects a best-efforts review and includes reasonable judgment in identifying relevant transactions; as such, it may not capture all M&A activity in the U.S. homebuilding industry and should not be considered exhaustive. Data is available upon request.

Relationships. Experience. Tailored Solutions.

We create value for you through our relationship network, experience, and full-service team. ​
Relationships

The Builder Advisor Group Global Network

Decades of relationships and partnerships with the leaders of the building industry.
A key advantage of working with Builder Advisor Group is the strength of our global network. We have worked with hundreds of private homebuilders to identify and execute a broad range of creative strategies to deliver exceptional results.

We also have extensive experience working with major homebuilders, land developers and global investors as a trusted and longstanding counterparty.

The decades of trust and relationships that we have built with homebuilders and developers, enable us to see opportunities that others may not. Several of our clients have also invested in Avila Real Estate Capital, our affiliated lending platform for builders and developers.
We HAVE WOrked with MOST Major North American
 Homebuilders & Developers
The Builder Advisor Group Global Network: North American
Homebuilders & Developers
We have relationships and deal experience with global Homebuilders & Developers
Map of the World, showcasing global Homebuilder & Developer partnerships
experience

Investment Banking for Builders, by Builders.

Our team doesn’t just advise on deals. We’ve lived them.
Scott Felder Homes Team: Tony Avila, Zach Legge and Ron Yelland
We have direct experience acquiring land, developing communities, building homes, and taking them to market. This real-world foundation sets us apart from traditional advisors.

We’ve executed more than $30 billion of M&A transactions and helped raise over $20 billion in capital for private and public homebuilders and developers. We've worked with many of our clients for years and they have invested capital with us.

We use our deep experience and insights to create smarter, more strategic options for our clients.
meet our team
TAILORED SOLUTIONS

Solutions Tailored to Your Unique Needs

Strategic support and execution focused on your long-term success
Our work starts with listening, because understanding your needs is the foundation of everything we do.

Whether you're exploring a sale, raising capital, or seeking project financing, our full-service team is here to help you find the right path forward
Builder Advisor Group provides strategic advisory services for mergers and acquisitions and raising capital.
Avila Real Estate Capital provides project financing to developers and homebuilders to support your growth
case study
Multiple offers deliver flexibility and optionality for Dan Ryan Builders​
Builder Advisor Group led the sale of Dan Ryan Builders, a homebuilder at the time producing 1,300 homes across six states on an annual basis. The competitive process gave the seller multiple options, including a full or partial sale with continued operational control. The seller ultimately chose Sumitomo Forestry America, retaining leadership for several years before transitioning ownership.
"Tony and the team at BAG delivered beyond my expectations."
Dan Ryan, Founder & CEO
privacy policy & terms of usesipcfinrabrokercheckbag bcp disclosure notice
© 2025 builder advisor group
The testimonials included on this website may not be representative of the experience of other clients and do not guarantee future success or performance. None of the clients quoted have been paid for their testimonial. Brokerage services offered through Builder Advisor Group, LLC.; a registered broker-dealer member FINRA (www.finra.org). Avila RE Capital, LLC is a registered investment advisor registered with the U.S. Securities and Exchange Commission (www.sec.gov). Avila RE Capital, LLC and Builder Advisor Group, LLC are separate entities under common control.