PE-Backed Bust: Wall Homes

Wall Homes Inc., an Arlington, Texas-based homebuilder, has filed for Chapter 11 bankruptcy protection. According to the filing, Warburg Pincus holds 73.11% of Wall Homes’ outstanding common stock, and 81.55% of its outstanding preferred stock. The company’s largest unsecured creditor is AFCO Credit Co.

Here is a downloadable copy of the filing.