Compass Lexecon Assists Clients Skyline Corporation and Champion Home Builder, Forming Nation’s Largest Publicly Traded Factory-Built Housing Company

In January 2018, Skyline Corporation and Champion Home Builders announced plans to combine their operations in order to create the nation’s largest publicly traded factory-built housing company. A Compass Lexecon team provided economic and econometric analysis in support of the transaction, providing evidence that a posited market of only factory-built houses was too narrow, and that the parties’ prices were constrained by a myriad of other options, including but not limited to rental homes. After engaging with antitrust authorities in the U.S., Skyline Corporation obtained full clearance in June 2018.

The Compass Lexecon team based in Washington, D.C. was led by Loren Smith and included Dan O’Brien, Christopher Rybak, Bich Ly, and Rohini Sadarangani. Compass Lexecon worked closely with a legal team from Ropes and Gray LLP that was led by Jonathan S. Klarfeld and Christian Rowan.