Champion Homes Inc. in Troy has entered into a definitive agreement to acquire the assets of Homes Direct representing 11 retail locations, including Arizona, California, Colorado, New Mexico, and Oregon.
The locations represent the majority of Homes Direct’s operating footprint and align closely with Champion’s manufacturing and distribution presence in the region. Terms of the agreement were not disclosed.
Homes Direct is the largest independent manufactured and modular home dealer in the western region of the United States, with a differentiated business model that engages a broad set of customers.
The company offers a range of options and elevated purchasing experience, supporting customers through permitting, financing, home selection, and site preparation. Through its retail platform and additional go‑to‑market channels, Homes Direct expands Champion’s ability to drive retail growth and sales across key Western markets.
The transaction is an opportunity to expand Champion’s Western U.S. retail footprint and accelerate the Company’s direct‑to‑consumer strategy by increasing access to retail locations closely aligned with Champion’s manufacturing network.
“Homes Direct, led by pioneering industry leader and CEO Ray Gritton, is an outstanding retailer that we’ve admired and worked with for many years,” says Tim Larson, president and CEO of Champion Homes. “Our businesses complement each other well, and Homes Direct’s differentiated retail experience and significant western U.S. presence make this a natural fit.”
The completion of the acquisition is subject to the satisfaction or waiver of certain customary closing conditions and is expected to close in Champion’s second quarter of fiscal year 2027.
To ensure a seamless integration process, all Homes Direct employees at impacted locations will be offered employment by Champion following the completion of the transaction.
Champion Homes is a leading producer of factory-built housing in North America and employs more than 9,300 people. With 70-plus years of homebuilding experience and 46 manufacturing facilities throughout the United States and western Canada, Champion Homes offers a portfolio of manufactured and modular homes, ADUs, park-models and modular buildings for the single-family, multi-family, and hospitality sectors.
In addition to its core home building business, Champion Homes provides construction services to install and set-up factory-built homes, operates a factory-direct retail business with 84 retail locations across the United States, and operates Star Fleet Trucking, providing transportation services to the manufactured housing and other industries from several dispatch locations across the United States.
For more information, visit championhomes.com.
