Tri Pointe Homes Acquired by Sumitomo Forestry | Construction M&A Deal

Sumitomo Forestry has acquired Tri Pointe Homes, a general contracting business in California, for $47.00 per share. Tri Pointe Homes builds and develops residential communities through general contracting operations, giving Sumitomo Forestry a construction M&A entry into CA acquisitions. The strategic acquisition supports Sumitomo Forestry acquisitions by expanding its homebuilding footprint and development capabilities in Irvine and broader California markets. The merger acquisition is structured as a strategic acquisition by a Japanese parent via a Delaware merger subsidiary, with Tri Pointe Homes stockholders voting on an Agreement and Plan of Merger dated February 13, 2026.