Key facts
- Century Communities acquired HistoryMaker Homes to expand its Dallas-Fort Worth footprint.
- The deal triples Century's community count in Dallas-Fort Worth.
- HistoryMaker Homes was founded in 1949 and led by fifth-generation executive Nelson Mitchell.
- Vestra Advisors advised HistoryMaker on the transaction.
- HistoryMaker's sister companies, Jabez Development and ONM Living, remain independently owned.
Century Communities has acquired HistoryMaker Homes, a privately-held Texas homebuilder, in a move aimed at significantly bolstering its presence in the competitive Dallas-Fort Worth market. The transaction, announced October 8, 2026, triples Century's community count in the region and adds a substantial pipeline of lots and an experienced operating team.
For Century Communities, the acquisition is driven by the need for concentrated local scale to compete effectively against larger enterprises. The company, which operates in 16 states, aims to increase its Dallas-Fort Worth volume from an estimated 200-300 annual homes to potentially 800-1,000 homes. This increased scale is expected to improve purchasing terms, strengthen trade relationships, and enhance operational efficiency, ultimately boosting EBITDA and net margins.
For HistoryMaker Homes, founded in 1949 and led by fifth-generation executive Nelson Mitchell, the sale reflects the intense competitive pressures faced by regional private builders. Despite rebuilding its operational and digital capabilities, HistoryMaker found it difficult to match the market power of larger, publicly traded competitors. Vestra Advisors, which advised HistoryMaker, noted that acquirers are using such deals to increase scale in underpenetrated markets, while sellers can exit at healthy valuations and redeploy capital into land development, where local expertise offers a durable advantage.
HistoryMaker's sister companies, Jabez Development and build-to-rent operator ONM Living, will remain independently owned. Jabez will continue developing communities for Century, and the two companies may pursue future land opportunities together. This arrangement suggests a model where private builders sell their capital-intensive production businesses while retaining land development expertise.
