Cavco Industries, Inc. announced on September 30, 2025, the completion of its acquisition of American Homestar Corporation and its subsidiaries, effective September 29, 2025. American Homestar, known as Oak Creek Homes, operates two manufacturing facilities and nineteen retail locations, primarily in Texas, Louisiana, and Oklahoma. The purchase price totaled $190 million, funded with cash on hand.
This acquisition strengthens Cavco's presence in the South Central U.S. market and is expected to unlock new possibilities through cultural and strategic alignment. American Homestar also writes and sells a limited number of manufactured home loans and acts as an agent for third-party insurers, further integrating with Cavco's existing business model.
Cavco's President and CEO Bill Boor expressed confidence that the combined talented teams will create something truly special. The integration is anticipated to yield significant cost reductions and product and retail optimization benefits, leveraging Cavco's shared services and purchasing power.
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