Clayton Homes, Inc.

Maryville, TN

About Clayton Homes, Inc.

Company overview

Clayton Homes, Inc. is company operating in the manufactured and modular home building industry. Clayton Homes, Inc. specializes in offering an array of manufactured and modular homes, catering to a diverse range of housing needs, from affordable and entry-level homes to luxury and retirement residences. Product Breakdown: Manufactured Homes: Clayton Homes, Inc. designs and manufactures a comprehensive selection of manufactured homes. These homes are constructed in a factory setting and then transported to their final location. Customers can choose from various styles, sizes, and configurations to match their lifestyle and preferences. The company offers affordable options that are perfect for first-time homebuyers and those looking for cost-effective housing solutions. Modular Homes: The company specializes in modular homes, which are built in sections or modules in a factory and then assembled on-site. Modular homes offer a higher degree of customization and design flexibility. Customers can select from a range of floor plans and features to create their ideal home. Energy-Efficient Homes: Clayton Homes, Inc. places a strong emphasis on energy efficiency and sustainability. Many of their homes are designed with energy-efficient features, such as high-quality insulation, energy-efficient appliances, and sustainable building materials. These homes are not only environmentally friendly but also cost-effective for homeowners. Luxury and Custom Homes: For those seeking upscale and custom living spaces, the company provides luxury and custom home options. These homes offer high-end finishes, premium amenities, and the opportunity for personalized customization, making them suitable for those with discerning tastes. Retirement Communities: Clayton Homes, Inc. offers retirement communities with manufactured and modular homes designed specifically for active seniors and retirees. These communities often feature amenities like clubhouse facilities, fitness centers, and social activities to enhance the retirement living experience. Financing Services: The company assists customers with financing options to make homeownership more accessible. They provide guidance on mortgage and financing choices, helping potential homeowners secure the funding they need to purchase their new homes. Warranty and Customer Support: Clayton Homes, Inc. stands behind the quality of their products with warranty services and comprehensive customer support. This includes assistance with any issues or questions related to the homes they provide. Home Customization and Design Tools: To aid customers in the home-buying process, the company offers online tools and resources that allow buyers to customize and visualize their ideal home, selecting various design elements and features to create a home that suits their vision.

Keywords

Revenue

Revenue

EBITDA

EBITDA

Valuation

Valuation
Income Statement
Line Item20242023202220212020
Revenues$380 MM$250 MM$90 MM$120 MM$65 MM
Gross Profit$190 MM$125 MM$45 MM$60 MM$32.50 MM
Net Income (Loss)$43 MM$25 MM$9 MM$12 MM$6.50 MM
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Balance Sheet
Line Item20242023202220212020
Total Assets$850 MM$720 MM$680 MM$650 MM$600 MM
Total Liabilities$450 MM$400 MM$380 MM$350 MM$320 MM
Total Equity$400 MM$320 MM$300 MM$300 MM$280 MM
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Ratios

Revenue / EBITDA
123 MM
Valuation / Revenue
123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

Deal Amount

$120M

Target Company Valuation

$1.20 MM

Techniques

Acquisition of Assets, Taken Private

Stake Tags

100%

Is PE deal

Yes

Is deal PE backed

Yes

Total Acquired

100%

Secondary Transaction2023-09-01Canceled

Target

BrightHealth Technologies

Seller

Early Investors Consortium

Investor Sponsors

--

Deal Amount

Undisclosed

Target Company Valuation

NaN

Techniques

Secondary Sale, Management Buy-out (MBO)

Stake Tags

Majority

Is PE deal

No

Is deal PE backed

Yes

Total Acquired

65%

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