Dream Finders Homes Completes Acquisition of Beazer Homes USA for ~$878.4 Million

Dream Finders Homes, Inc. (DFH) announced the completion of its acquisition of Beazer Homes USA, Inc. on October 20, 2026. Beazer will now operate as a wholly owned subsidiary of Dream Finders Homes. The all-cash transaction involved an aggregate consideration of approximately $878.4 million.

Key Details

• Merger Consideration: Beazer Homes shareholders are entitled to receive $33.50 in cash for each share of common stock.
• Transaction Value: The total consideration paid in connection with the merger was approximately $878.4 million.
• Financing: The acquisition was funded through the sale of an additional $450.0 million in Series B Convertible Preferred Stock and proceeds of $572.1 million from a new land bank facility.
• Use of Proceeds: Proceeds from the new land bank facility were used to redeem Beazer's $350 million in 7.250% Senior Notes due 2029 and repay its unsecured credit facility.