Davidson Homes Ranks No. 529 on 2021 Inc. 5000 List of America’s Fastest-Growing Private Companies
Davidson Homes, a leading home builder based in Huntsville and serving markets across the Southeast, was today revealed as No. 529 in the annual Inc. 5000, the most prestigious ranking of America’s fastest-growing private companies.
Companies in the 2021 Inc. 5000 are ranked according to percentage revenue growth from 2017 to 2020. This award reflects the success of the builder’s expansion strategy in Alabama, Georgia, North Carolina, Tennessee and Texas.
“For Davidson Homes to land near the top 500 in our first year on the Inc. 5000 is a huge achievement for our team,” said Founder, President and CEO Adam Davidson. “We’re a rapidly growing home builder, but our growth is safe and sustainable, with a highly experienced management team, an asset-light business model and a long-term view that can withstand short-term industry downturns.”
Davidson launched his company in 2009 at just 24 years of age, and Davidson Homes now ranks No. 93 on the 2021 Builder 100 list of the largest home builders in the U.S. The company also received Builder magazine’s “Biggest Mover” award in recognition of it being America’s fastest-growing home builder in 2020 (ranked by percentage growth in closings).
Davidson Homes currently owns or controls more than 8,000 lots in 73 communities across five states. The company announced in April that it had entered the Texas market and has begun building in several communities in Houston. Texas is the fourth state the company has entered during the past four years.
“Our mission, of building quality, affordable homes in desirable locations, continues to resonate with homebuyers,” added Davidson. “Under Davidson Holding Company, we’ve also launched a range of other companies that provide complementary services from financing to settlement. These sister companies not only allow us to offer one-stop shopping for homebuyers; they also create additional revenue streams to further strengthen our overall business.”
Earlier this month, in preparation for Davidson Homes’ next stage of growth, the company announced an expanded leadership team with the promotion of Greg Duriez to chief operating officer and the appointment of Jeff Deane as chief financial officer.
Complete results of the Inc. 5000, including Davidson Homes’ company profile, can be found at www.inc.com/inc5000.