Royal Homes Limited, Ontario’s longest-established housing manufacturer, has been acquired by a management group led by Sid Kerrigan, a seasoned industry leader and former President of Brookfield Residential’s Ontario housing division.
With 55 years of experience delivering high-quality custom homes from its 115,000-square-foot manufacturing facility in Wingham, Ontario, Royal Homes is set to begin a bold new chapter focused on addressing Ontario’s pressing housing crisis.
“Our market needs a faster, more efficient way to construct and deliver new homes, and Royal Homes will play a lead role in driving that innovation forward,” said Kerrigan. While maintaining its commitment to premium custom homes, the company plans to leverage its underutilized production capacity by introducing more repeatable housing designs across a range of built-forms.
The strategy also includes expanding Royal Homes’ dealer network throughout Ontario and deepening partnerships with municipalities and First Nations communities to accelerate housing delivery in high-need areas.
Significant investment is planned for the Wingham facility to scale up production, an initiative expected to create hundreds of new jobs over the next three to five years, bolstering both the company’s growth and the local economy.
“Royal Homes is an integral part of the Wingham community,” Kerrigan added. “We are committed to growing our investment and productive output here while generating high-quality jobs and meaningful housing solutions.”
Financing for the acquisition was led by BDC, BDC Capital, and CIBC.
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