Company Profile

We are one of the nation’s fastest growing homebuilders by number of closings and are engaged in the design, construction, and sale of single-family homes in some of the highest growth and most desirable markets in the Southeastern and Southern United States.

Company History

Our founder and Executive Chairman, Tom Bradbury, has nearly 50 years of experience in the homebuilding industry. Before founding Smith Douglas Homes in 2008, Mr. Bradbury founded Colony Homes in 1975, and built it into one of the largest and most recognized homebuilders in the Southeastern United States in the 1990s and early 2000s. Our President, Chief Executive Officer, and Vice Chairman, Greg Bennett, worked alongside Mr. Bradbury at Colony Homes as Region President, where he helped drive the growth of the company. While running Colony Homes, Mr. Bradbury and Mr. Bennett developed and refined the disciplined operating philosophy and integrated ERP system (SMART Builder) that we use today. Like Smith Douglas Homes, Colony Homes catered to the entry-level homebuyer segment, and it had peak closings of over 2,200 homes in 2001 before its eventual sale to KB Home in 2003.

Since our founding in 2008 in Atlanta, Georgia, we have grown to be ranked as the 38th largest builder for closings in 2022 in the United States according to Builder Magazine’s Top 100 list. With the goal of becoming one of the most dominant homebuilders in the Southeastern and Southern United States, we intend to grow operations within our existing footprint and to expand into new markets where we can most effectively implement our business strategy and maximize our profit and returns.

Company Timeline graphic

(1) Based on Builder Magazine’s Top 100 list; achievements correspond to the year the ranking was based on.

(2) Purchase price of $82.9 million, primarily from cash on hand, availability under the Existing Credit Facility (as defined in the S-1), a three-year promissory note in the principal amount of $5.0 million payable to the seller, and approximately $3.0 million contingent consideration to the seller.