The facts are sourced from an SC 14D9 filing with the SEC via EDGAR, published May 13, 2025. The deal's status is pending regulatory, indicating the tender offer process had not yet closed as of that filing.
Multiple financial advisors are disclosed. On the target side, Moelis & Company LLC is acting as exclusive financial advisor to Landsea Homes and is designated lead. On the acquirer side, four firms are named as financial advisors to New Home with no lead designation specified individually: Vestra Advisors, J.P. Morgan Securities LLC, RBC Capital Markets, and Wells Fargo, per the source sentence listing "J.P. Morgan Securities LLC, RBC Capital Markets, Vestra Advisors, and Wells Fargo" together as having served as financial advisors to New Home.
Legal advisors are disclosed for both sides: Latham & Watkins LLP is acting as legal counsel to the target, Landsea Homes, while Paul, Weiss, Rifkind, Wharton & Garrison LLP is acting as legal counsel to the acquirer, New Home.
Beyond describing the transaction as a cash tender offer followed by a second-step merger valued at $1,200,000,000, the facts block does not specify the per-share tender price or the conditions governing the subsequent second-step merger.
Several facts are not disclosed in this record. No expected closing date is given. The facts block does not clarify the respective roles of New Home's four financial advisors, Vestra Advisors, J.P. Morgan Securities LLC, RBC Capital Markets, and Wells Fargo, relative to one another beyond their collective listing.