Dream Finders Homes announced it will acquire Beazer Homes in an all-cash deal valued at an enterprise value of approximately $2.2 billion. Beazer shareholders will receive $33.50 per share, representing an implied price-to-book multiple of 0.8x. The combined company will become the sixth-largest U.S. homebuilder, operating in 26 markets and approximately 520 active communities across the Southeast, Mid-Atlantic, Texas, West, and Midwest. Dream Finders expects over $100 million in annual run-rate cost synergies and double-digit percentage earnings per share accretion in year one. The deal is expected to close in the fourth quarter of 2026, subject to approvals, and Dream Finders reaffirmed its full-year 2026 outlook of approximately 9,250 home closings, which excludes any Beazer closings post-close.
Beazer Homes USA IncAcquired at $33.50 per share, a premium to market, with implied price-to-book of 0.8x.
Dream Finders Homes IncAcquiring Beazer for $2.2B, expecting cost synergies and EPS accretion, becoming sixth-largest homebuilder.
