Berkshire Hathaway to Acquire Taylor Morrison in $8.5 Billion Deal
Berkshire Hathaway Inc. has finalized an agreement to acquire Taylor Morrison Home Corporation in an all-cash transaction valued at approximately $8.5 billion. This acquisition involves Berkshire offering $72.50 per share, representing a 24% premium over Taylor Morrison's closing stock price of $58.50 on May 29, 2026. Aligning with Berkshire's strategic portfolio, this deal reflects an equity value nearing $6.8 billion and an enterprise value of roughly $8.5 billion.
Taylor Morrison, headquartered in Scottsdale, Arizona, operates over 350 residential communities across 21 markets in 12 states. Servicing diverse customer profiles, Taylor Morrison and Esplanade brands cater to entry-level, move-up, and resort lifestyle buyers. Additionally, the company manages rental properties under the Yardly brand and provides ancillary services, including mortgages, titles, escrow, and homeowners insurance.
Upon completion of the acquisition, Taylor Morrison will transition to a privately held entity under Berkshire Hathaway, with its shares delisted from the New York Stock Exchange. The current executive team, led by Chairman and CEO Sheryl Palmer, will remain intact. CEO Greg Abel emphasized how this acquisition reinforces Berkshire's longstanding commitment to the U.S. housing market, complementing their existing investments in Clayton Homes and other building product units.
The transaction is anticipated to conclude in the latter half of 2026, pending Taylor Morrison shareholder approval and adherence to standard regulatory compliance requirements. This acquisition underlines Berkshire's confidence in persistent U.S. housing demand, also signaling significant implications for related financial and insurance services within the industry.