M&A
confidence high
sentiment neutral
materiality 1.00
Beazer Homes to be acquired by Dream Finders for $33.50/share in all-cash deal
BEAZER HOMES USA INC
- All-cash merger: Beazer shareholders receive $33.50 per share; enterprise value ~$2.2B, implied 0.8x book multiple.
- Expected close Q4 2026; subject to stockholder approval and HSR clearance; no financing condition.
- Board unanimously approved; $31.3M termination fee payable by Beazer if it accepts a superior proposal.
- Deal expected double-digit accretive to EPS in year one; Dream Finders reaffirms FY2026 outlook of 9,250 homes.
- Combined company to become sixth-largest U.S. homebuilder with complementary footprints.