Apollo’s $1.2B buyout takes Landsea Homes private

A Dallas-based homebuilder with a growing Texas presence will be acquired by the New Home Company in a $1.2 billion all-cash transaction. Irvine, California–based New Home is acquiring Landsea Homes at $11.30 per share, the Orange County Business Journal reported. New Home’s majority shareholder is Apollo Global Management, which also bought the publicly traded real […]This article originally appeared on The Real Deal. Click here to read the full story.