ECN to be acquired by Warburg Pincus at C$3.10/share; Champion supports deal, extends JV with $10M investment

Champion Homes, Inc.

ECN Capital Corp. enters definitive arrangement to be acquired by a Warburg Pincus-led investor group for C$3.10 per share cash.
Champion Canada holds ~19.7% voting power in ECN and signed a support and voting agreement to vote for the transaction.
Champion Financing LLC JV term extended to at least Dec 31, 2031, contingent on deal closing.
Champion commits incremental $10M investment into JV over three years post-closing.
Transaction expected to close in Q2 2026, subject to court approval and customary conditions.

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