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Dream Finders Homes acquires Beazer Homes for $2.2 billion

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It’s official: Dream Finders Homes (DFH) will acquire Beazer Homes in a $2.2 billion deal. This comes after multiple public rounds of offers from DFH to acquire the Atlanta-based builder.

The offer values Beazer Homes at $33.50 per share, up from Dream Finders’ last offer in July of $32.00 per share.

The combined company will operate in 26 markets across high-demand areas in the Mid-Atlantic, Southeast, the Midwest, Texas and the West.

“As someone who started Dream Finders from the ground up, I know what it takes to build a culture that puts homebuyers first and that’s exactly what I see in Beazer,” said Patrick Zalupski, Founder, CEO and Co-Chairman of Dream Finders. “They have built something genuinely special – a talented team, strong communities, and a culture that puts customers at the center of everything they do. That resonates deeply with us. This combination is the next meaningful step in our journey to become a top 5 national homebuilder, expanding our geographic reach, broadening the range of buyers we can serve and strengthening the integrated services we offer families from contract to close.”

Dream Finders then reaffirmed its full-year 2026 outlook of 9,250 homes. It’s unclear whether the combined builder will hold the same energy-efficient priorities of Beazer Homes.

“Over nearly 20 years, we have transformed Beazer into one of the nation’s largest homebuilders through a strategy focused on delivering on energy-efficient homes and best-in-class customer experiences,” said Allan P. Merrill, Chairman, President and CEO of Beazer Homes. “This transaction represents the culmination of a comprehensive review of opportunities to maximize value and provides Beazer shareholders with a significant and certain cash return in an uncertain market. I am proud of our people and want to thank our entire organization for their exceptional work to ensure that, together with Dream Finders, we continue providing homebuyers across the country with a high-quality product and outstanding service.”

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