Renaissance Capital logo

"Tiny house" builder Legacy Housing files for a $69 million IPO

November 9, 2018
LEGH

Legacy Housing, which builds, sells, and finances manufactured homes or "tiny houses", filed on Friday with the SEC to raise up to $69 million in an initial public offering.

The Bedford, TX-based company was founded in 2005 and booked $169 million in revenue for the 12 months ended September 30, 2018. It plans to list on the Nasdaq under the symbol LEGH. Legacy Housing filed confidentially on February 2, 2018. B. Riley FBR and Oak Ridge Financial are the joint bookrunners on the deal. No pricing terms were disclosed.