Dow Jones Newswires: Smith Douglas Homes files for IPO

This post was originally published on this site

Smith Douglas Homes has filed for an initial public offering, citing strengths such as a “land-light” and conservatively leveraged business model.

The Woodstock, Ga., company had 2022 revenue of $755.4 million, up from $518.9 million in 2021.

Smith Douglas, which focuses on southeastern and southern states, typically buys finished lots through…