---
schema_version: "secwatch.filing_event.v1"
accession: "0000278166-21-000041"
form_type: "8-K"
ticker: "CVCO"
cik: "0000278166"
company_name: "CAVCO INDUSTRIES, INC."
filed_at: "2021-07-26T23:59:59+00:00"
generated_at: "2026-06-30T02:44:34.403061+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Cavco acquires The Commodore Corporation for $153M; expands into Northeast

## Summary
- Purchase price of $153M; estimated cash outlay $140M after adjustments and fees, funded with cash on hand.
- Commodore generated LTM net sales of ~$258M, sold over 3,700 homes (6,600 modules) through 6 plants and 2 retail stores.
- Acquisition expected to close in Cavco's fiscal Q3 2022, subject to regulatory approvals.
- Cavco expects the deal to be significantly accretive to earnings and cash flow from operations in FY2022.
- Commodore brings commercial loan portfolio >$25M and over 1,200 employees; Barry Shein to support transition.

## SEC filing metadata
- accession: 0000278166-21-000041
- form_type: 8-K
- ticker: CVCO
- cik: 0000278166
- company_name: CAVCO INDUSTRIES, INC.
- filed_at: 2021-07-26T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/278166/000027816621000041/0000278166-21-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/278166/000027816621000041/cvco-20210723.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000278166-21-000041
- JSON: https://secwatch.observer/filing/0000278166-21-000041.json
- Plain text: https://secwatch.observer/filing/0000278166-21-000041.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.