Stanley Martin Homes has entered into a definitive agreement to acquire United Homes Group, Inc. (NASDAQ: UHG) in an all-cash transaction valued at approximately $221 million in enterprise value.
Under the terms of the agreement, United Homes shareholders will receive $1.18 per share in cash. The transaction is expected to close in the second quarter of 2026, subject to customary closing conditions. The deal has been approved by the Mergers & Acquisitions Committee, referred to as the Special Committee, and the Board of Directors of United Homes.
Upon completion, United Homes will become a subsidiary of Stanley Martin Homes and will no longer be publicly traded.
Stanley Martin is a homebuilder operating across the Mid-Atlantic and Southeast regions of the United States, with the majority of its business focused on entry-level homebuyers, followed by first-time move-up buyers and age-targeted or restricted purchaser segments. United Homes Group, headquartered in Columbia, South Carolina, is a publicly traded homebuilder focused on delivering attainable single-family homes across high-growth markets in the Southeast, primarily serving entry-level and first-time move-up buyers.
Vestra Advisors served as exclusive financial advisor to the Special Committee of United Homes. Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal counsel to the Special Committee, while Maynard Nexsen served as legal counsel to Stanley Martin.
The companies noted that the transaction includes customary closing conditions and outlined various risks and uncertainties related to completion of the merger, potential litigation, regulatory developments, market conditions and other factors in their forward-looking statements.
KEY QUOTES
“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 big step forward to deliver new housing at affordable prices to more prospective homebuyers.”
Steve Alloy, Chief Executive Officer of Stanley Martin
“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 and an outstanding opportunity for our employees, trade partners and customers.”
Jack Micenko, Chief Executive Officer of United Homes Group
