Berkshire Hathaway has agreed to acquire Taylor Morrison Home Corporation for $72.50 per share in cash, valuing the national homebuilder at approximately $6.8 billion and total enterprise value at approximately $8.5 billion.
Warren Buffett’s heir just made his biggest bet ever on housing.
Berkshire Hathaway has agreed to acquire Taylor Morrison Home Corporation for $72.50 per share in cash, the companies announced in a joint statement, valuing the national homebuilder at approximately $6.8 billion in equity and approximately $8.5 billion in total enterprise value.
Greg Abel
The offer represents a 24% premium over Taylor Morrison’s May 29 closing price of $58.50.
Berkshire CEO Greg Abel said the conglomerate ultimately intends to combine Taylor Morrison’s operations with Clayton Homes and other building products businesses in an integrated platform.
“Over time, we look forward to integrating our field-build home construction operations into a unified platform that will enable us to bring the dream of homeownership to more Americans,” Abel said in the announcement.
cheryl palmer
Taylor Morrison is headquartered in Scottsdale, Arizona and operates more than 350 communities in 21 markets in 12 states. The company serves entry-level, step-up and resort lifestyle buyers with its Taylor Morrison and Esplanade brands and develops rental communities with its Yardly brand. We also provide mortgage, title and escrow, and homeowners insurance services to our customers.
Taylor Morrison Chairman and CEO Cheryl Palmer, who will remain in her role after the transaction closes, called the merger a “once-in-a-lifetime opportunity” in a statement and said Berkshire’s capital strength and long-term investment philosophy are well-suited to the multi-year development cycle of residential construction.
The transaction is expected to close in the second half of 2026, subject to Taylor Morrison shareholder approval and regulatory approval. After the transaction closes, Taylor Morrison will go private and its stock will be delisted from the New York Stock Exchange.
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