Stanley Martin Homes and United Homes Group, Inc. (NASDAQ: UHG) announced they have entered into a definitive agreement under which Stanley Martin will acquire United Homes in an all-cash transaction valuing the company at an enterprise value of approximately $221 million. Under the terms of the deal, 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 and approvals.
Stanley Martin Chief Executive Officer Steve Alloy said the acquisition advances the company’s mission “to design and build homes people love at a price they can afford,” expanding its ability to deliver affordable new housing to more buyers. United Homes Group CEO Jack Micenko said the agreement provides immediate and certain cash value to shareholders while aligning the company with a well-capitalized and respected builder. The transaction was approved by United Homes’ Special Committee and Board of Directors. Upon completion, United Homes will become a subsidiary of Stanley Martin Homes and will no longer be publicly traded.