Two fast-growing companies positioned themselves to grow even larger through recently announced deals. In California, Victorville-based Frontier Homes, an entry-level and move-up builder headed by James Previti Jr., took over management of high-end builder Prestige Homes, founded by Previti’s father, James Previti Sr. With the acquisition, Frontier Homes anticipates building more than 2,000 homes in 2006.
Stock Building Supply entered the Chicago market through its acquisition of Seigle’s, one of the area’s leading building materials suppliers. Seigle’s posted sales of $257.8 million in 2004 and will add 1,300 employees to Stock’s payroll, including top executives Mark and Harry Seigle, who will remain with the company.
Learn more about markets featured in this article: Los Angeles, CA.
