Meritage Homes expands into Nashville after buying Phillips Builders

Meritage Homes net-zero home
Meritage Homes net-zero home

By Kristena Hansen | Phoenix Business Journal

Scottsdale-based Meritage Homes Corp. (NYSE: MTH) has entered the Nashville market with the acquisition of family-owned home builder Phillips Builders, according to a company statement Wednesday. Brent Anderson, a Meritage spokesman, said the acquisition price was not being disclosed.

Nashville is the fourth new market that Meritage has entered within the past two years, the statement said.

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