Latham & Watkins Advises Landsea Homes in US$242.5 Million Acquisition of Antares Homes

Landsea Homes Corporation (Nasdaq: LSEA) (Landsea Homes), a publicly traded residential homebuilder, announced that it has completed its acquisition of Antares Homes, a Dallas-Fort Worth-based homebuilder, for approximately US$242.5 million (subject to certain customary post-closing adjustments) in cash, which includes repayment of an anticipated US$43.2 million of Antares Homes debt.

Latham & Watkins LLP advised Landsea Homes in the transaction with a corporate team led by Orange County partner Darren Guttenberg, with associates Taylor Ashton, Jack McKay, Courtney Lem, and Viva Jerónimo. Advice was also provided on insurance matters by Los Angeles partner Drew Levin and San Diego/Los Angeles counsel Hannah Cary; on tax matters by Century City partner Ana O’Brien, with associate Sam Yang; and on compensation and benefits matters by Los Angeles/Orange County partner Michelle Carpenter.