The U.S. Census Bureau’s Survey of Construction found a range of air conditioning and heating systems for new single-family homes across the country.
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Grand Oak Builders is expanding into the Raleigh, North Carolina, market through the acquisition of Winslow Custom Homes. According to Grand Oak Builders, the merger will complement the builder’s existing operations in the Greensboro, North Carolina, market.

“Everybody at Winslow Custom Homes is excited to join the Grand Oak family. The combination of our local knowledge with Grand Oak’s financial support and their deep industry experience will enable us to expand the company and better serve our customers and our employees,” says Matthew Winslow, owner and president of Winslow Custom Homes.

Winslow Custom Homes, based in Youngsville, North Carolina, was founded in 2009 and operates in the northeast Raleigh market. According to a news release, Matthew Winslow will continue to lead operations for the company under the new brand name Winslow Grand. Winslow Custom Homes was represented by David Rosen of Long Grove Capital as exclusive advisor.

“We are pleased to have Matthew and his team join Grand Oak. They have a phenomenal organization and an outstanding reputation which combined with our capital strength and operational experience will enable the new company to grow rapidly. We are excited about our future together,” says Dave Erickson, president of Grand Oak Builders.

Atlanta-based Grand Oak Builders is a holding company focused on the acquisition and management of small builders across the United States. Grand Oak’s philosophy is focused on mentoring the people and companies under its management umbrella and helping provide a stable and scalable financial base to help those companies grow. Following the acquisitions of Lambie Custom Homes in Kansas City; Tradition Homes in Greensboro, North Carolina; and Bellaire Homes in San Antonio, the company has now completed four acquisitions in the past 12 months.