Dream Finders to acquire Beazer Homes for $33.50 per share in cash, about $2.2 billion
On August 6, 2026, Dream Finders Homes agreed to acquire Beazer Homes in an all-cash deal at an enterprise value of approximately $2.2 billion, with Beazer shareholders receiving $33.50 per share. The deal is expected to close in the fourth quarter of 2026, subject to Beazer stockholder approval and regulatory clearance, and Dream Finders reaffirmed its 2026 outlook of 9,250 home closings.
Key points
- Beazer shareholders to receive $33.50 in cash per share; implied purchase price-to-book multiple of 0.8x
- Enterprise value of approximately $2.2 billion; no financing condition in the merger agreement
- Expected over $100 million in annual run-rate cost synergies and double-digit percentage accretion to EPS in year one, per the company
- Closing expected in Q4 2026, subject to Beazer stockholder approval and Hart-Scott-Rodino waiting period expiration
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 07, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.