Dream Finders Homes to Acquire Beazer Homes in $2.2 Billion Cash Deal
Dream Finders Homes has agreed to acquire Beazer Homes USA in an all-cash deal valued at $2.2 billion, creating the sixth-largest U.S. homebuilder.
2 sources
Dream Finders Homes, Inc. and Beazer Homes USA, Inc. have entered into a definitive agreement under which Dream Finders will acquire Beazer in an all-cash transaction. The transaction carries an enterprise value of approximately $2.2 billion and will establish the combined company as the sixth-largest homebuilder in the United States.[1][2]
Under the terms of the agreement, Beazer shareholders will receive $33.50 in cash for each share of Beazer common stock they hold. The cash consideration represents an implied purchase price-to-book multiple of 0.8x for Beazer.[1][2]
