Cavco Industries completes acquisition of American Homestar

Cavco Industries (CVCO) completed the acquisition of the business of American Homestar Corporation and its subsidiaries effective September 29, 2025. American Homestar, best known in the market as Oak Creek Homes, operates two manufacturing facilities, nineteen retail locations, writes and sells a limited number of manufactured home loans and acts as an agent for third party insurers. The purchase price totaled $190 million, subject to customary adjustments at and following closing of the transaction. The acquisition is being funded with cash on hand.