New Home Co. Acquires Landsea Homes Corporation

Millrose Properties Commits $700M to Acquire Landsea Homesites with New Home Company

May 14, 2025

Real Estate

Millrose Properties agreed to provide a $700 million commitment to acquire a portfolio of homesites in partnership with New Home Company to support New Home's acquisition of Landsea Homes Corporation. The deal will enable development and delivery of those homesites to New Home over time under Millrose's Homesite Option Purchase Platform.

LF Capital Acquisition Corp. Completes Business Combination with Landsea Homes

January 7, 2021

Real Estate

LF Capital Acquisition Corp. and Landsea Homes closed their previously announced business combination, resulting in LF Capital being renamed Landsea Homes Corporation and beginning trading on Nasdaq under the ticker LSEA on January 8, 2021. The transaction provides Landsea Homes with public-market capital to support its growth across U.S. markets and was approved by LF Capital’s board and stockholders.

Landsea Homes Acquires Antares Homes

January 9, 2024

Real Estate

Landsea Homes Corporation (Nasdaq: LSEA) has entered into a definitive agreement to acquire Antares Homes, a family-owned Dallas–Fort Worth homebuilder, for $232.2 million in cash (including repayment of anticipated debt). The acquisition expands Landsea's presence and scale in the Dallas/Fort Worth market and is expected to close in early February 2024, subject to customary closing conditions.

Apollo Funds Acquire The New Home Company

September 8, 2021

Real Estate

Funds managed by affiliates of Apollo Global Management completed a cash tender offer and merger to acquire The New Home Company. The transaction resulted in The New Home Company becoming a privately held, indirect wholly-owned subsidiary of the Apollo funds, with remaining shares converted to $9.00 per share in cash.

New Home Co. Acquires Hamilton Thomas Homes

November 29, 2023

Construction

New Home Co., an Irvine-based homebuilder backed by Apollo-managed funds, has acquired Hamilton Thomas Homes to enter the Texas market. The deal brings roughly 2,000 lots (about 12 planned communities) in Houston and Austin and retains founders John Bohnen and Jennifer Keller to lead New Home Co.'s newly formed Texas region.

Enghouse Affiliate to Acquire SeaChange International's Product and Services Business

April 24, 2024

Software

An affiliate of Enghouse Systems Limited has agreed to acquire substantially all of SeaChange International's product and services assets for $39 million (less SeaChange cash on closing). The asset sale, approved by SeaChange's board and supported by a large shareholder voting agreement, is expected to close in early May 2024 and will result in SeaChange retaining cash, cash equivalents and tax NOLs.