India, Aug. 7 -- Dream Finders Homes, Inc. (DFH) announced on Friday that it would buy Beazer Homes USA, Inc. (BZH) in an all-cash deal valued at an enterprise value of approximately $2.2 billion.

The combined company will become the sixth-largest U.S. homebuilder.

Under the terms, Beazer shareholders will receive $33.50 in cash for each share, representing an implied price-to-book multiple of 0.8x.

The transaction is expected to close in the fourth quarter of 2026, subject to Beazer shareholder approval and regulatory approvals. Upon closing, the combined company will operate in 26 markets and approximately 520 active communities across the Southeast, Mid-Atlantic, Texas, West, and Midwest.

Dream Finders said the deal creates a platfor...