Dream Finders Homes to Acquire Beazer Homes USA for $2.2 Billion

Dream Finders Homes, Inc. (DFH) entered a merger agreement on August 7, 2026, to acquire Beazer Homes USA, Inc. (BZH) in a deal valued at $2.2 billion.

Deal Structure:

Beazer shareholders will receive $33.5 in cash for each share of Beazer common stock, representing a premium of 0.12% from the stock’s last close.

Company Profile:

Beazer Homes is a U.S. homebuilder that designs, develops, and sells single-family and multi-family residential properties under the Beazer Homes, Gatherings, and Choice Plans brands. Headquartered in Atlanta, Georgia, the company operates across 13 states, with activities spanning land acquisition, home construction, sales, and mortgage-related services.

Dream Finders is a U.S. homebuilder that designs, develops, and sells single-family homes across multiple states, primarily in the Southeast, Mid-Atlantic, Midwest, and Texas. The company also provides mortgage, title, escrow, and insurance services through its subsidiaries and is headquartered in Jacksonville, Florida.

Deal Details and Timeline:

In May, Dream Finders Homes (DFH) submitted a proposal to Beazer’s board to acquire all outstanding shares of Beazer in an all-cash transaction at a price of $25.75 per share. The stock was trading at $18.77 when the offer was made, which then reflected the equity value of roughly $704 million.

The combined company will operate across 26 markets and about 520 active communities spanning the Southeast, Mid-Atlantic, Texas, the West, and the Midwest, regions that rank among the nation’s strongest demand corridors.

Dream Finders plans to pay for the acquisition using a mix of its existing cash and committed financing from Goldman Sachs, Bank of America, and affiliates of Kennedy Lewis Asset Management.

The deal is expected to close in the fourth quarter of 2026.

Beazer was advised by J.P. Morgan Securities and Moelis & Co as financial advisors, with King & Spalding serving as legal counsel. Dream Finders was advised by Goldman Sachs, BofA Securities, Zelman Partners, and Vestra Advisors as financial advisors, while Foley & Lardner acted as legal counsel.

The purchase price equates to Dream Finders paying 0.46 times the book value for Beazer.

Deal Metrics:

For a deeper insight into this merger and acquisition transaction, please visit the dedicated Deal Metrics page here:

Deal Metrics for the acquisition of Beazer Homes USA, Inc. (BZH) by Dream Finders Homes, Inc. (DFH)

The Deal Metrics page for each merger or acquisition includes:

• A history chart of the merger spread from announcement to completion or failure.
• Progress updates including HSR period expiration, regulatory approvals, shareholder votes, etc.
• News and SEC filings related to the deal.
• A record of deal updates.
• And much more information.

Disclaimer: This article is intended for informational purposes only. Please carry out your own due diligence before engaging in buying or selling any securities mentioned. We do not guarantee the completeness or accuracy of the content or data provided in this article.

Editor’s Note: Baranjot Kaur contributed to this article