United Homes Exploring Potential Sale with New Leadership

Dow Jones

2025/05/19

By Dean Seal

The board of United Homes Group is exploring strategic alternatives, including a potential sale, for the company as it comes under new executive leadership.

The residential builder said Monday that the review of strategic alternatives could also include the sale of assets or a refinancing of its existing debt. The board has a special committee of independent directors taking on the effort, and they have engaged a financial advisor and legal advisor to assist.

The review comes as Jack Micenko steps into the role of chief executive for United Homes, succeeding interim CEO Jamie Pirrello who was filling in after the company's founder, Michael Nieri, transitioned from CEO to executive chairman last year.

Micenko was previously the company's president and, before that, a managing director at BTIG. He helped bring United Homes to the public markets via a merger with a blank-check company in 2023.

United Homes said it has also appointed Jeremy Pyle, previously a leader in its construction services business, to the role of co-chief operating officer alongside Shelton Twine.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

May 19, 2025 08:24 ET (12:24 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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