Champion Homes to Acquire Timberline Homes Retail Assets
Champion Homes entered a definitive agreement to acquire Timberline Homes, adding nine retail locations across Alabama, Mississippi, and Florida to its national network.
Champion Homes, Inc. entered into a definitive agreement to acquire the assets of Timberline Homes, Inc., a retailer of manufactured and modular homes. The deal adds nine retail locations across Alabama, Mississippi, and Florida to the existing 95 locations operated by Champion Homes nationwide.
Timberline Homes provides a suite of services including permitting, financing, and site preparation. As part of the transaction, Champion Homes intends to offer employment to all current Timberline employees. The acquisition is expected to close in the fourth quarter of Champion Homes' fiscal year 2027, pending customary closing conditions.
Chief Executive Officer Tim Larson stated that the acquisition focuses on elevating the homebuying experience for customers by expanding the company's retail footprint in the region. Dennis Adams, President of Timberline Homes, noted that the two companies share a customer-centric approach.