AVEW AVEW Holdings Inc. Acquires Tarragon Homes LLC, A Custom Home Builder and Remodeling Service in the Austin Area
AUSTIN, TX(Eteligis Inc.)
AUSTIN, TX, United States, via ETELIGIS INC., 10/21/2014 - - AVEW Holdings Inc. (OTC Pink: AVEW) (PINKSHEETS: AVEW) today announced that the company has acquired Tarragon Homes LLC, www.tarragon-homes.com (LIC#: TE33200) a custom home builder and remodeler serving the Austin Texas area. Tarragon Homes builds custom homes from contemporary, ranch and luxury homes from 900 square feet to 9000 square feet. Chris D. Wood, founder and President of Tarragon Homes LLC has over a decade of experience building high-end custom homes and high-end renovations in central Texas and the lake areas. Prior to his work in custom building Mr. Wood spent seven years in the mortgage and consumer lending in both the Texas and national markets.
Tarragon's 2013 revenues were at $1.6 million in remodeling work and revenue for 2014 is tracking at $2.5 million range with 2015 revenues projected to reach over $5 million dollars.
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