PRNewsWire reports CoveView Capital Partners, LLC has acquired all the assets of modular builder HandCrafted Homes, LLC of Henderson, NC. Paul Jarvis, the new President of HandCrafted Homes, says, “The infusion of new capital will allow us to fund growth initiatives as the housing markets begin to recover, and is well timed for the upcoming spring selling season. We are excited to partner with an experienced investor such as CoveView to create a great organization around an already strong brand.” HandCrafted builds modular homes, apartments and commercial buildings. As MHProNews has learned separately, CoveView is a private investment firm based in Stamford, Conn., formed in 2009 by three former J.P. Morgan bankers. The selling price was not immediately available.

(Image credit: HandCrafted Homes, LLC)