Stanley Martin Holdings purchases Prestige Corporate Development
Whelan Advisory acted as the exclusive financial advisor to Prestige Corporate Development, a top land development and site works company based in Charlotte, NC, in its sale to Stanley Martin Holdings, the 22nd largest homebuilder in the country and subsidiary of Japan-based Daiwa House.
his transaction further strengthens Whelan Advisory’s sector focus in residential real estate and extensive track record working with founder-owned businesses. Our team has advised on 34 successful transactions since 2018, totaling $13.7 billion in volume across M&A, debt, and equity -earning our reputation as ‘The Closer.’
“It was our pleasure to represent the Prestige team on this important transaction. As a leading developer in the Charlotte market, this acquisition opportunity was very well received, with a wide range of bidders from U.S. and Japanese builders to Private Equity firms. Ultimately the fit with Stanley Martin was right given their experience and interest in lot development, and the value they saw in the site works contractor. We are delighted for Brian and his team with this win-win outcome.”
“The Whelan team went above and beyond, ensuring we were strategically positioned and introduced to the right buyer group. Margaret’s extensive network, relationships, and methodology enabled us to swiftly align on the ideal partner and deal structure. Andrea and Luke seamlessly collaborated with Andrew, Steve, and Paul, ensuring a streamlined, efficient, and expedited process and results. We have full confidence that the Whelan team was the optimal choice to accomplish this deal and recommend Margaret and her team to anyone seeking results.”
Transaction led by:
Margaret Whelan
Founder & CEO
Andrea Finger
Managing Director
Luke Klee
Vice President
