Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) announced its acquisition of Taylor Morrison Home Corporation (NYSE: TMHC) for $72.50 per common share in cash. According to the companies, the deal represents a total equity value for Taylor Morrison of approximately $6.8 billion and total enterprise value of approximately $8.5 billion.
The acquisition, which was announced on Sunday afternoon, is the first for the Omaha-headquartered Berkshire Hathaway since the retirement of its founder and longtime chief executive Warren Buffett at the end of 2025.
Taylor Morrison is a Scottsdale, Arizona-headquartered developer and homebuilder with over 350 communities concentrated in prime locations across 21 markets in 12 states. The company creates homeownership-focused communities Taylor Morrison and Esplanade brands and develops rental communities under its Yardly brand. It also provides financial services to its customers, including mortgage, title and escrow, and homeowners’ insurance.
Upon completion of the acquisition, Taylor Morrison will cease to be a publicly traded company and continue as a private company led by its existing management team, including CEO Sheryl Palmer.
“Joining Berkshire Hathaway is a once-in-a-lifetime opportunity to propel Taylor Morrison into its next, and most exciting, chapter, supported by Berkshire’s unmatched capital strength and long-term investment philosophy,” said Palmer. “This transaction is a testament to the value of Taylor Morrison’s talented team members, trusted brand, community-minded development approach, and diversified portfolio. Over the last 13 years as a public company, we built a track record of strategic growth—expanding our geographic footprint, integrating acquisitions with discipline, and deepening our competitive strengths across procurement, brand, and customer experience.”
Palmer added, “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. I am deeply grateful to our stockholders for the confidence they have placed in Taylor Morrison over the past 13 years, and I could not be more excited about what this next chapter holds for our dedicated team members and partners who make this company extraordinary every day.”
“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. “We are excited to welcome Taylor Morrison into Berkshire’s portfolio, reflecting our long-standing commitment to housing, exemplified by Clayton Homes and our other building products businesses. 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.”
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