Berkshire Hathaway to Buy Taylor Morrison in $8.5B Deal
Berkshire Hathaway has agreed to acquire Taylor Morrison Home Corp. in an all-cash transaction valued at approximately $8.5 billion, including debt, further expanding the conglomerate’s presence in the U.S. housing market.
Under the terms of the agreement, Taylor Morrison shareholders will receive $72.50 per share in cash, representing a total equity value of approximately $6.8 billion and a 24% premium to the company’s May 29 closing price of $58.50.
The acquisition will bring one of the nation’s largest homebuilders under Berkshire’s umbrella. Taylor Morrison operates more than 350 communities across 21 markets in 12 states, serving entry-level, move-up and resort lifestyle homebuyers through its Taylor Morrison and Esplanade brands. The company also develops rental communities under its Yardly brand.
“Berkshire Hathaway’s long-term orientation is uniquely well-suited to the multi-year investment cycle of homebuilding, and this combination will allow us to scale the Taylor Morrison platform in ways that would not be possible as a standalone company,” said Sheryl Palmer, chair and CEO of Taylor Morrison.
Berkshire executives said the transaction aligns with the firm’s long-term investment approach and its confidence in housing demand.
“Berkshire is acquiring a best-in-class national homebuilder, led by an exceptional team and backed by a trusted reputation for customer experience,” said Greg Abel, Berkshire Hathaway’s CEO. “Over time, we expect to unify our site-built homebuilding operations into a combined platform enabling us to deliver the dream of homeownership to more Americans.”
Following the close of the transaction, Taylor Morrison will continue to be led by its existing management team, including Palmer. The deal is expected to close in the second half of 2026, after which Taylor Morrison will become a privately held company.
Goldman Sachs & Co. LLC and Moelis & Company LLC are serving as financial advisors, Simpson Thacher & Bartlett LLP is serving as legal advisor, and Mayer Brown LLP is serving as financial services regulatory counsel to Taylor Morrison.
