Key facts
- Beazer shareholders will receive $33.50 in cash per share.
- The deal values Beazer at an enterprise value of approximately $2.2 billion.
- The purchase price-to-book value multiple is 0.8x.
Beazer Homes stockholders overwhelmingly approved the pending acquisition by Dream Finders Homes, a significant step toward closing the all-cash transaction. The deal, initially announced in August, values Beazer at approximately $2.2 billion, with shareholders set to receive $33.50 per share. This represents a purchase price-to-book value multiple of 0.8x. The companies have received early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act, and Dream Finders anticipates completing the acquisition on October 20, 2026, utilizing existing financing. The combined entity is expected to become the sixth-largest homebuilder in the U.S. by volume, operating in 26 markets and approximately 520 active communities, aiming for expanded product offerings and operational efficiencies.