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.
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