PEORIA, AZ — Meritage Homes celebrated its 100,000^th home Friday with a ribbon cutting ceremony to the new home owners. Steven Hilton, chairman and chief executive officer of Meritage Homes, was on hand sharing remarks and commemorating the huge milestone with the 100,000th homeowner.

The ceremony took place at Mesquite Trail at Vistancia in Peoria where the 100,000^th home is located.

Founded in 1985, Meritage has grown from a small startup homebuilder in Scottsdale, Arizona to the seventh-largest national homebuilder in 2015. Over the past 31 years, Meritage has developed a reputation for distinctive style and quality construction, and has grown into one of the nation’s leading homebuilders. 

Meritage Homes builds and sells single-family homes for first-time, move-up, luxury and active adult buyers across the Western, Southern and Southeastern United States. Meritage Homes builds in markets including Sacramento, San Francisco Bay area, southern coastal and Inland Empire markets in California; Houston, Dallas-Ft. Worth, Austin and San Antonio, Texas; Phoenix/Scottsdale, Green Valley and Tucson, Arizona; Denver and Fort Collins, Colorado; Orlando, Tampa and south Florida; Raleigh and Charlotte, North Carolina; Greenville / Spartanburg and York County, South Carolina; Nashville, Tennessee; and Atlanta, Georgia.

Meritage Homes is also an industry leader in energy-efficient homebuilding and has received the U.S. Environmental Protection Agency’s ENERGY STAR Partner of the Year for Sustained Excellence Award in 2013, 2014, 2015 and 2016 for innovation and industry leadership in energy efficient homebuilding.

For more information, visit www.meritagehomes.com.

SCOTTSDALE, Ariz. – GoDaddy of Scottsdale announced Monday that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of shares of its Class A common stock. The same day, the company announced GoDaddy Founder Bob Parsons has resigned his position as Executive Chairman of the Board in order to devote more time to his outside ventures.

Parsons will continue to serve on the board of directors. A new chairman will be named over the coming months. GoDaddy is a leading technology provider to small businesses, Web design professionals and individuals around the world.

“Bob’s vision and uncommon approach has created a great company, and a loyal customer base. Bob built GoDaddy into the world’s largest domain name and Web hosting provider, and his contribution to GoDaddy, and our industry in general, is immeasurable,” said GoDaddy CEO Blake Irving. “As a board member and principal shareholder, Bob will continue to play an important role as we define the next chapter for GoDaddy.”

“Blake and his team have chartered an awesome course for the company,” said Parsons. “They’ve got a true passion for our customers and a vision for how we translate that into products and services to help organizations of all types and sizes succeed. I look forward to focusing on my new ventures, while continuing to guide the strategic direction of GoDaddy in my role as a board member.”

Parsons sold his portion of GoDaddy in 2011 to private equity investors KKR, Silver Lake and TCV. It’s estimated he netted $930 million in cash. According to Forbes, his net worth is valued at $1.9 billion. Since stepping down as CEO in 2011, Parsons has focused his entrepreneurial passion on a new venture – YAM Worldwide – which has grown to 350 employees, $160 million in annual revenues, and has holdings in power sports, golf, real estate and marketing

In 2012, Parsons and his wife Renee established The Bob & Renee Parsons Foundation, which has awarded more than $46 million in critical funds to charitable organizations to date, including the Semper Fi Fund, which provides immediate financial assistance and lifetime support for wounded, critically-ill and injured members of the U.S. Armed Forces and their families. In December 2013, Bob and Renee Parsons joined the Giving Pledge, an initiative started by Bill and Melinda Gates, and pledged to give away at least half of their wealth to philanthropic causes.

The number of shares to be offered and the price range for the offering have not yet been determined. Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC and Citigroup Global Markets Inc. are acting as lead joint book-running managers for the proposed offering, Barclays Capital Inc., Deutsche Bank Securities Inc. and RBC Capital Markets, LLC are acting as book-running managers for the proposed offering, and KKR Capital Markets LLC and Stifel, Nicolaus & Company, Incorporated are acting as co-managers for the proposed offering.

The offering will be made only by means of a prospectus. A copy of the preliminary prospectus, when available, may be obtained from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014; J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by telephone at 1-866-803-9204; or Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Ave., Edgewood, NY 11717 or by calling (800) 831-9146.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.