Dream Finders Homes Acquires the Assets of McGuyer Homebuilders (Coventry Homes)

September 13, 2021

Dream Finders Homes, Inc. (DFH) entered a definitive agreement to acquire the homebuilding, mortgage banking and title insurance assets of Houston-based McGuyer Homebuilders, Inc. (doing business as Coventry Homes). The transaction expands DFH's Texas footprint (Houston, Dallas, Austin, San Antonio), adds ~1,850 homes in backlog and finished lots, and is being financed in part via a $150 million preferred-stock issuance and increased credit commitments.

Buyers
Dream Finders Homes, Inc.
Targets
McGuyer Homebuilders, Inc. (doing business as Coventry Homes)
Sellers
McGuyer Homebuilders, Inc. and related affiliates (MHI stakeholders)
Industry
Construction
Location
Texas, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.