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North Carolina-based Shugart Homes joins Mungo Homes

Staff Report //July 8, 2019//

North Carolina-based Shugart Homes joins Mungo Homes

Staff Report //July 8, 2019//

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Mungo Homes has joined with North Carolina-based Shugart Homes as part of a partnership with the Clayton Properties Group. Shugart Homes operates in the North Carolina Triad region of Greensboro, Winston-Salem and High Point.

Clayton Properties Group, a Berkshire Hathaway company, acquired Mungo Homes in November 2018. Both Mungo Homes and Shugart Homes started as family-owned businesses and have more than 50 years of experience in new home construction.

According to a news release from Mungo Homes, there will be no shifts in management and the Shugart team is expected to remain the same. Brian Shugart, vice president of Shugart Homes, will continue to lead the company.

“The partnership with Clayton has given us this opportunity to grow,” said Mungo Homes CEO Steven Mungo. “The joining of Shugart Homes and Mungo Homes creates tremendous synergy and adds a strategic location to the Mungo footprint. We are excited to work together to serve the housing needs of the Triad area for years to come.”

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