The strategic expansion of HW Media for news for building housing
Today is an important milestone for HW -Media and our community with the acquisition of The builder is daily. This strategic step extends our reach to vertical housing, which strengthens our dedication to serve the entire housing economy with an unparalleled insight and intelligence. This comment about the deal is intended to share my position on the strategy. More details about the deal are available in the press release, but this memorandum shares my perspective on the ‘why’ behind the acquisition and the investments that we will make in the coming years.
The importance of this acquisition
The housing market undergoes a transformation, with new housing that plays a crucial role. New housing as a percentage of total housing sales fluctuates on the basis of mortgage interest, construction cycles and building confidence – and the amount of existing home stock available on the market. While we analyze aging housing stock, demographic trends and pent -up demand, we see the new housing construction as a crucial component of total home sales in the coming decades. As the stock of home times and maintenance costs rise, new houses will be crucial in shaping the future of our communities and the housing market.
John McManus, the visionary behind The builder is dailyBrings editorial leadership and expertise in the housing sector for more than 20 years. His insights are invaluable and we are honored to welcome him to the HW media family as a publisher of The builder is daily and vice -president, homebuilding.
Improving the experience of our housing community
This acquisition is about more than expanding the coverage; It is about enriching the content, events and connections that are available to our community of housing professionals. The builder is daily (TBD) will continue to work with independence, supported by the means of HW Media, which means that a deeper involvement with the leaders and insights shape the future of housing. Both Housing Wire and TBD public, however, will benefit from composite perspectives that enrich their knowledge base. Housingwire subscribers will gain insight into new construction trends that are important for real estate, mortgage and other home leaders. TBD public members will receive more resources on data and analysis of the housing market, financing trends and other content enrichments.
An anchor of The builder is daily Is the Focus on excellence Event, which will be held this year on 27-29 October in Denver, Colorado for a targeted target group of home construction managers. John came up with the expression “Building it. Outlaarn. Outlast. Outperform.” To describe the event. This is an obligation that will live on!
Our dedication to thoughtful growth
HW Media has a history of deliberate growth, pursuing and integrating acquisitions that our users, customers and shareholders have in the long term value. As a founder of HW Media, I build a media and data company that can be able to grow the test of time through housing leaders to grow, win and make better decisions faster. TBD is in line with this mission.
Integration The builder is daily In our ecosystem our events, content and product options will improve. The HW Media team has learned a lot from successful integrations and how to use M&A to build a powerful, integrated ecosystem.
I look forward together
As we continue, the opportunities that are offered by this acquisition are enormously. Our goal is to bring more housing content content into the ecosystem of the home products to promote a lively community. Together with John McManus and the entire HW Media team we are ready to elevate The builder is daily and continue with our journey of serving housing professionals with The full image.
Thank you for being an essential part of this trip. We look forward to shaping the future of homes together.
