---
schema_version: "secwatch.filing_event.v1"
accession: "0000278166-25-000105"
form_type: "8-K"
ticker: "CVCO"
cik: "0000278166"
company_name: "CAVCO INDUSTRIES, INC."
filed_at: "2025-07-14T23:59:59+00:00"
generated_at: "2026-05-18T06:47:39.032679+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Cavco Industries to acquire American Homestar for $190M cash, expects Q3 FY2026 close

## Summary
- Cavco acquires American Homestar (Oak Creek Homes) for $190M cash, funded from cash on hand; expected close in Q3 FY2026.
- American Homestar had TTM revenue $194M, net income $16.6M, Adjusted EBITDA $17.8M, and produced 1,676 homes.
- Acquisition includes 2 manufacturing plants, 19 retail locations, and 800 employees; expands Cavco's South-Central U.S. presence.
- Cavco expects transaction to be accretive to earnings and cash flow, with cost and operational synergy opportunities.
- Termination fee of $6M payable by American Homestar under certain conditions; closing requires regulatory approval and 80% shareholder vote.

## SEC filing metadata
- accession: 0000278166-25-000105
- form_type: 8-K
- ticker: CVCO
- cik: 0000278166
- company_name: CAVCO INDUSTRIES, INC.
- filed_at: 2025-07-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/278166/000027816625000105/0000278166-25-000105-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/278166/000027816625000105/cvco-20250714.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000278166-25-000105
- JSON: https://secwatch.observer/filing/0000278166-25-000105.json
- Plain text: https://secwatch.observer/filing/0000278166-25-000105.txt

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