Legacy Housing Corporation

Company Description

Legacy Housing Corporation is the fourth largest producer of manufactured homes in the United States and a recognized leader and innovator in the manufactured housing industry. With current operations focused on the southwest and southeast of the United States, Legacy offers an array of products that help make quality housing affordable again. In business since 2005, Legacy continues to build a high-quality home at a substantial value to its network of independent retailers, company-owned stores, and their customers. Our ownership team of Curtis Hodgson and Kenny Shipley started working in the industry 35 years ago. In that time, they have become experts on every facet of the industry, utilizing that knowledge to build a company that is consistently an innovator in the industry, including with respect to Legacy's floor plan designs, the construction methods and materials, and available financing options. Building 80+ floor plans ranging from 1 to 5 bedrooms with up to 2600 square feet, Legacy has built its reputation on designing family-functional floor plans and offering features that most of the competition cannot match. Legacy is also one of the industry leaders for the emerging "tiny house" market, which are structures between 320 and 399 square feet in size. Legacy's tiny houses come in a variety of models and floors plans, which range from 1 to 3 bedrooms and even include the option of adding a large covered patio. With over 130 retailers in fourteen states primarily located in the southwest and southeast of the United States, Legacy is poised for exponential growth as affordable housing becomes more popular, accessible, and desirable for today's housing consumers. Legacy manufactures homes at its three facilities, located in Fort Worth, Texas, Commerce, Texas, and Eatonton Georgia, each of which range in size from approximately 97,000 square feet to over 385,000 square feet. With Legacy's control of the design and manufacturing process, Legacy can offer a variety of floor plans and features, such as fireplaces, state-of-the-art kitchens, and central up-flow air conditioning. One of the most vertically integrated companies in the industry, Legacy offers a complete solution to our customers. Legacy focuses on quality and affordability from beginning to end of the process, including product design, directly purchasing the materials for the construction, manufacturing the home in Legacy's plants, and delivery of the home using Legacy's fleet of trucks to ensure timely and safe distribution to Legacy's expansive network of independent retailers and company-owned stores. Legacy also offers comprehensive, tailored financing solutions to our dealers, community owners, and customers. Legacy employs over 900 people and has been named multiple times to the list of America's Fastest Growing Companies by Inc. Magazine.

Company Overview

NameLegacy Housing Corporation

IPO Data

Price$ 12
Deal Size$ 51,318,750
Company SymbolLEGH
Popular Investor - EN
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