Platform Ventures has acquired Central Texas-based home builder Scott Felder Homes. No financial terms were disclosed.
AUSTIN, TEXAS (PRWEB) MAY 10, 2018
Platform Ventures, a Kansas-city based real estate private equity investment firm, has announced it has acquired Central Texas premier home builder Scott Felder Homes for an undisclosed amount. Scott Felder Homes builds in 28 communities throughout the Austin and San Antonio, Texas areas controlling over 1,000 homesites.
Scott Felder Homes has been recognized with numerous awards, including Texas “Volume Builder of the Year” in 2012, 2013, 2015 and 2016, Austin “Volume Builder of the Year” in 2012, 2013, 2014, 2016, 2017 and 2018, San Antonio “Volume Builder of the Year” in 2015. Additionally, the company has been named one of Austin’s Best Workplaces for several years. The Austin and San Antonio operations will continue to build under the prestigious Scott Felder Homes name. Scott Felder Homes co-founder Steve Krasoff will continue as President and CEO, in charge of all home building operations of Scott Felder Homes.
“Platform Ventures is excited to partner with Scott Felder Homes,” said Ryan Anderson, Co-President of Platform Ventures. “Scott Felder Homes sets a high standard with an outstanding reputation, a profitable business model, and an experienced management team.”
Scott Felder Homes President and CEO Steve Krasoff said, “Platform Ventures is a perfect fit for our company. Platform Ventures’ team complements the Scott Felder Homes team in many ways. Additionally, Platform Ventures brings a broad array of capital enabling us to grow the company to the next level.”
About Platform Ventures
Platform Ventures was founded by Ryan Anderson and Terry Anderson in 2008. Platform Ventures, through its subsidiaries, invests in real estate assets, real estate operating companies, and real estate technologies. Platform Ventures has a highly experienced management team of real estate professionals with extensive experience investing across the risk spectrum. As of December 31, 2017, the firm, through its subsidiaries, has made investments in over 37 states and has over $1.1 billion of assets under management across the United States.
Visit http://www.platformv.com or contact press(at)platformv(dot)com for additional information.