LSEA - Landsea Homes Strikes $232.2M Deal To Acquire Texas-Based Antares Homes Bolstering Dallas-Fort Worth Footprint | Benzinga
Homebuilder Landsea Homes Corp (NASDAQ: LSEA) has entered into a definitive agreement to acquire Antares Homes, a Dallas-Fort Worth based homebuilder.
Landsea will acquire Antares for $232.2 million in cash, which includes repayment of an anticipated $47.2 million of Antares Homes debt.
The acquisition is expected to expand Landsea Homes' presence in the Dallas/Fort Worth metropolitan area.
John Ho, Chief Executive Officer of Landsea Homes, said, "Antares Homes ...