M&A
confidence medium
sentiment neutral
materiality 0.35
Landsea Homes Corp: M&A transaction — Landsea Homes files pro forma financials for April 2024 Antares acquisition
Landsea Homes Corp
- Acquisition of Antares completed April 1, 2024 for ~$239.8M using cash and credit facility.
- Pro forma condensed combined financials filed for nine months ended Sep 30, 2024 and FY2023.
- Pro forma balance sheet not presented as Antares is already reflected in historical Sep 30, 2024 balance sheet.
- Acquisition included repayment of ~$40.2M of Antares debt.
- No specific pro forma revenue or earnings figures disclosed in this filing text.