Tri Pointe Homes Merger Approved by Sumitomo Forestry

Tri Pointe Homes shareholders have approved the previously announced merger with Sumitomo Forestry, a Japanese homebuilder. The transaction is described as a $4.5 billion all-cash acquisition.

In the special meeting, about 78% of Tri Pointe’s 85,135,564 shares were represented, and 99.99% of the votes supported the merger. The companies said the merger cleared multiple hurdles on Thursday and is expected to close in Q2 2026, with completion still subject to other agreement conditions.

After closing, Tri Pointe Homes would go private, meaning its scheduled April 23 earnings call for Q1 2026 could be its last as a public company.