Cavco Industries Announces Planned Acquisition Of Manufactured Home Builder And Retailer, Solitaire Homes
Acquiring Company
Cavco
Acquired Company
Home Builder
Description
Cavco Industries, Inc. (Nasdaq: CVCO) (“Cavco” or the “Company”) announced today that it has signed a binding offer to acquire the business of Solitaire Homes, Inc. and other related entities (collectively “Solitaire Homes”), including its four manufacturing facilities, twenty-two retail locations and its dedicated transportation operations. Solitaire Homes is headquartered in Duncan, Oklahoma. For the calendar year ending December 31, 2021, Solitaire Homes had pro-forma earnings before taxes, depreciation and amortization of $16.5 million.
Quick answer
Cavco is acquiring Home Builder and Retailer, announced October 27, 2022. Cavco is based in Phoenix, Arizona, United States.
- How much did Cavco pay for Home Builder?
- The deal value was not disclosed.
- What does Cavco do?
- Cavco Industries, Inc., headquartered in Phoenix, Arizona, designs and produces factory-built housing products primarily distributed through a network of independent and Company-owned retailers.
- Where are Cavco and Home Builder based?
- Cavco is based in Phoenix, Arizona, United States.
Source: Fundz verified event record.
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Frequently asked
Who acquired Home Builder?
Home Builder was acquired by Cavco, based in Phoenix. The deal was reported on October 27, 2022. Cavco Industries, Inc., headquartered in Phoenix, Arizona, designs and produces factory-built housing products primarily distributed through a network of independent and Company-owned retailers. Cavco is privately held and operates in Manufacturing.
When did Cavco acquire Home Builder?
Cavco's acquisition of Home Builder was reported on October 27, 2022. Cavco Industries, Inc. (Nasdaq: CVCO) (“Cavco” or the “Company”) announced today that it has signed a binding offer to acquire the business of Solitaire Homes, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Home Builder do?
We've been building homes for more than 50 years, and we’ve helped the dreams of more than 50,000 families come true. It is privately held.
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