Dream Finders completes $2.2B acquisition of Beazer Homes, becomes nation’s 6th largest homebuilder

Jacksonville-based Dream Finders Homes has completed its $2.2 billion acquisition of Beazer Homes USA, making it the nation’s sixth-largest homebuilder, the company said Tuesday.The all-cash deal valued Beazer at about $2.2 billion in enterprise value. Beazer shareholders received $33.50 for each share of common stock, and the stock has been delisted from the New York Stock Exchange.“Today, Beazer’s teams officially join ours, and the real work begins,” Dream Finders founder, CEO and Co-Chairman Patrick Zalupski said. “We are closing this transaction in a challenging housing environment, and we are clear-eyed about that.”Dream Finders plans to transition homes in Beazer communities to its floor plans, which Zalupski said “better match what today’s buyers can afford.” The company also plans to use its increased scale to lower construction costs and shorten build times.The combination gives Dream Finders communities in 26 of the 50 largest U.S. metropolitan areas, according to the compan