New Home Co. to Acquire Landsea Homes for $1.2 Billion, Creating Top 25 National Homebuilder

Reuters
05-13
New Home Co. to Acquire Landsea Homes for $1.2 Billion, Creating Top 25 National Homebuilder

New Home Co. has announced its acquisition of Landsea Homes Corporation in a definitive agreement valued at approximately $1.2 billion. This transaction will create a top-25 national homebuilder, combining the strengths of both companies. Landsea Homes shareholders will receive $11.30 per share in cash, reflecting a 61% premium over the closing share price on May 12, 2025. Following the completion of the deal, Landsea Homes will become a privately held company, and its stock will no longer be listed on Nasdaq. The combined entity will operate across high-growth markets in Arizona, California, Colorado, Florida, Oregon, Texas, and Washington, focusing on providing a diverse range of housing options. The new company will be led by Matthew Zaist, President and CEO of New Home.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Landsea Homes Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001731122-25-000715), on May 13, 2025, and is solely responsible for the information contained therein.

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