By Leah Draffen | Builder
Dream Finders Homes has submitted a proposal to the board of directors of Beazer Homes to acquire all outstanding shares of Beazer. Bidding an all-cash transaction at a price of $25.75 per share, the proposed transaction reflects a total equity value of approximately $704 million, based on the currently outstanding shares of Beazer.
Since February, Dream Finders has tried to engage with Beazer’s management and board. On May 5, Dream Finders submitted its most recent proposal representing a premium of approximately 40% to Beazer’s closing share price of $18.35 that day.
The proposed acquisition would bump Dream Finders—No. 14 on the 2026 Builder 100 list—up into the top 10. The proposal to Beazer, which is No. 21 on this year’s list, has been unanimously approved by the Dream Finders board and has been reflected in a series of confident letters to Beazer. The home builder also says it’s ready to begin confirmatory due diligence on an expedited basis and concurrently negotiate a definitive merger agreement.
