Mergers & Acquisitions ·
Dream Finders Homes, Inc. entered into a definitive merger agreement to acquire Beazer Homes USA, Inc. in an all-cash…
DFHDream Finders Homes, Inc.
Dream Finders Homes, Inc. entered into a definitive merger agreement to acquire Beazer Homes USA, Inc. in an all-cash transaction valued at approximately $2.2 billion enterprise value. Under the terms, Beazer shareholders will receive $33.50 per share in cash. The combined entity is expected to become the sixth-largest U.S. homebuilder with operations across 26 markets and approximately 520 active communities. Dream Finders has secured committed financing including a $900 million bridge facility, an $800 million land bank facility, and a $450 million preferred equity investment from Kennedy Lewis Investment Management. The transaction is expected to close in the fourth quarter of 2026, subject to Beazer shareholder approval and regulatory clearances. Dream Finders reaffirmed its full-year 2026 outlook of 9,250 home closings. The company operates in the residential homebuilding industry.