Sun Communities, has completed its acquisition of Carefree Communities from Centerbridge Capital Partners.

Sun Communities, the manufactured housing ("MH") and park model recreational vehicle ("RV") industry, has completed its acquisition of Carefree Communities, a leading owner and operator of senior manufactured housing communities and destination RV resorts, from Centerbridge Capital Partners, an investment company. Financial terms were not disclosed. "We are very excited about the opportunity to join together to become the premier company in the MH and RV industry. We anticipate a smooth transition because Sun Communities and Carefree are equally committed to operational excellence and share in the same mission, vision and values of taking care of our associates so they can deliver an exceptional lifestyle to our residents." Colleen S. Edwards, Carefree Vice Chairman and Co-Founder.