Stanley Martin Homes to Acquire United Homes Group in $221 Million Cash Deal
Stanley Martin Homes, LLC (“Stanley Martin”) and United Homes Group, Inc. (NASDAQ: UHG) (“United Homes”) have announced that they have entered into a definitive agreement in which Stanley Martin will acquire United Homes in an all-cash transaction. The agreement places an enterprise value on United Homes of approximately $221 million.
This acquisition marks a significant strategic move for Stanley Martin, as it expands their footprint in the residential construction sector while providing United Homes’ shareholders with immediate cash value. The deal is expected to strengthen Stanley Martin’s position in key markets and accelerate its mission to deliver quality homes at affordable prices.
Transaction Structure and Shareholder Terms
Under the terms of the agreement, United Homes shareholders will receive $1.18 per share in cash. This cash consideration represents a clear and immediate benefit to shareholders, offering a definite return on their investment. The transaction is expected to close in the second quarter of 2026, contingent on customary closing conditions and regulatory approvals.
The agreement has been formally approved by the Mergers & Acquisitions Committee, often referred to as the Special Committee, as well as the Board of Directors of United Homes. Following the completion of the transaction, United Homes Group will operate as a subsidiary of Stanley Martin Homes and will cease to be publicly traded.
Strategic Rationale Behind the Acquisition
Steve Alloy, Chief Executive Officer of Stanley Martin, emphasized the strategic importance of the acquisition, stating, “Stanley Martin’s mission statement is ‘To design and build homes people love at a price they can afford.’ The combination of Stanley Martin and United Homes is a significant step forward in achieving that goal. By merging our resources and expertise, we will be able to deliver new housing at more affordable prices to a broader group of prospective homebuyers.”
For Stanley Martin, this acquisition represents an opportunity to expand market reach, leverage operational efficiencies, and enhance their portfolio of residential communities. The addition of United Homes’ assets and talent supports Stanley Martin’s long-term growth strategy in the competitive housing market.
Benefits to United Homes Shareholders
Jack Micenko, Chief Executive Officer of United Homes Group, highlighted the immediate benefits to shareholders: “This transaction delivers immediate and certain cash value to our shareholders while aligning United Homes with a highly respected, well-capitalized builder in Stanley Martin. We are proud of the platform our team has built and believe this combination represents the best outcome for our shareholders. At the same time, it provides an outstanding opportunity for our employees, trade partners, and customers.”
The all-cash nature of the deal ensures that United Homes shareholders receive guaranteed value without the uncertainty associated with stock-for-stock transactions. Additionally, being part of Stanley Martin provides long-term stability and access to a larger operational network.
Operational Impact and Integration
Upon closing, United Homes Group will operate under the Stanley Martin umbrella. This integration is expected to be seamless, focusing on maintaining service quality and continuity for existing customers while leveraging Stanley Martin’s operational expertise. Both companies have emphasized that employees, trade partners, and customers will continue to be prioritized during the integration process.
The combined entity will benefit from shared resources, streamlined processes, and an expanded geographic reach. Stanley Martin’s commitment to affordability, quality, and innovation in homebuilding will remain central to the operations of the newly expanded company.
Advisory Teams and Legal Counsel
Vestra Advisors served as the exclusive financial advisor to the Special Committee of the Board of United Homes Group, guiding the negotiation and transaction process. Their expertise was instrumental in structuring a deal that delivers value to United Homes shareholders while aligning with Stanley Martin’s strategic goals.
In addition, Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal counsel to the Special Committee of the Board of United Homes Group, ensuring compliance with regulatory requirements and protecting shareholder interests throughout the transaction. Maynard Nexsen provided legal counsel to Stanley Martin, supporting the acquisition process and addressing any legal considerations associated with the merger.
Market Significance of the Deal
This acquisition reflects broader trends in the residential construction industry, where consolidation allows companies to achieve scale, expand geographic presence, and enhance operational efficiency. By combining resources, Stanley Martin and United Homes are positioning themselves to better meet the growing demand for affordable, high-quality housing in multiple markets.
The $221 million enterprise value highlights the financial significance of the transaction and demonstrates the strong market positioning of both companies. For Stanley Martin, this acquisition reinforces its reputation as a leading residential homebuilder, while United Homes gains the stability and support of a larger, well-capitalized parent company.
Future Outlook and Closing Expectations
The transaction is expected to close in the second quarter of 2026, pending customary conditions and approvals. Both companies are working closely to ensure a smooth transition and to maintain operational continuity throughout the process.
Stanley Martin’s leadership team has reiterated their commitment to affordable housing and the continued growth of their portfolio. By integrating United Homes’ expertise and customer base, they aim to create a stronger, more resilient company capable of delivering value to homeowners, employees, and shareholders alike.
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