Thomas James Homes, Inc.
General Information | |
Business: | (Note: Thomas James Home, Inc. withdrew its IPO plans in an SEC filing dated Aug. 10, 2022. The company filed to go public on Sept. 10, 2021, after submitting confidential IPO documents to the SEC in July 2021. No terms were filed. Estimated IPO proceeds: $100 million) Our mission is to transform the U.S. single-family urban housing market by deploying proprietary technology designed to address the massive unmet demand for high quality homes in the most desirable neighborhoods located near the heart of many of the country’s largest cities.
Thomas James Homes was formed with the goal of transforming U.S. housing in the predominantly single-family home neighborhoods located within and near large cities, which we refer to as urban housing markets, by providing consumers with a simple, seamless, efficient and transparent option for purchasing or building new single-family homes in desirable urban neighborhoods at attainable prices. We do this through our proprietary technology platform, which we call Fuse360, which enables us to identify and acquire older, existing houses on non-contiguous homesites in the most desirable neighborhoods located near the heart of many of the country’s largest cities and then efficiently and profitably building new replacement homes on those homesites.
Our cloud-based Fuse360 technology offers a fully managed marketplace that seamlessly connects and generates platform efficiencies for homebuyers, subcontractors, realtors and other constituents across our single-family new home ecosystem while delivering an exceptional customer experience and the cost benefits of operating with economies of scale. Our platform tracks on average approximately 5,000 distinct tasks per home and simultaneously manages hundreds of single, non-contiguous homesite projects.
**Note: For the six months ended June 30, 2021, Thomas James Homes Inc. reported revenue of $291.1 million and net income of $1.73 million.
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Industry: | Construction - Home Building |
Employees: | |
Founded: | 2006 |
Contact Information | |
Address | 26880 Aliso Viejo Parkway, Suite 100 Aliso Viejo, CA 92656 |
Phone Number | (949) 481-7026 |
Web Address | |
View Prospectus: | Thomas James Homes, Inc. |
Financial Information | |
Market Cap | |
Revenues | $431.0 mil (last 12 months) |
Net Income | $ mil (last 12 months) |
IPO Profile | |
Symbol | TJH |
Exchange | NASDAQ |
Shares (millions): | 0.0 |
Price range | $0.00 - $0.00 |
Est. $ Volume | $100.0 mil |
Manager / Joint Managers | J.P. Morgan/ Citigroup/ BofA Securities/ RBC Capital Markets/ BTIG |
CO-Managers | Zelman Partners LLC/ Whelan Advisory Capital Markets/ Drexel Hamilton/ Loop Capital Markets/ Ramirez & Co. |
Expected To Trade: | |
Status: | Withdrawn |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |