Berkshire Hathaway said it will pay $72.50 for each share of Taylor Morrison common stock, valuing the company at an enterprise value of $8.5 billion, including about $6.8 billion in equity value and assumed debt. The price is a 24 percent premium above Taylor Morrison’s closing stock price of $58.50 per share on May 29.
“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 Taylor Morrison chairman and CEO Sheryl Palmer in a statement.
“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.”
Taylor Morrison was founded in 2008, but the company’s roots date back to 1880. The company went public in 2013, trading on the New York Stock Exchange under the ticker symbol TMHC. The company’s stock jumped more than 20 percent on June 1 following news of the acquisition.
Following multiple years of targeted acquisitions and expansion throughout 2013–2020, Taylor Morrison’s homebuilding footprint spans 350 communities in 21 markets across 12 states. Its focus ranges from starter homes to resort lifestyle communities, as well as for-rent residences under its Yardly brand. The company also offers mortgage loans, title and escrow service, and homeowners insurance.
“Berkshire is acquiring a best-in-class national homebuilder,” Abel said. “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.”
The companies said the deal is slated to close in the second half of 2026 pending regulatory approval and approval by Taylor Morrison stockholders. The company will revert to a private entity but will retain its executive team and will still be led by Palmer, who has held the company’s top position since 2007.
“Berkshire could have sought to acquire any homebuilder they wanted to complement their existing housing platform, but they chose Taylor Morrison,” Palmer said in a LinkedIn post.
The acquisition helps Berkshire Hathaway increase its homebuilding position after purchasing nearly $1 billion in shares of Lennar and DR Horton in August 2025. According to documents filed with the Securities and Exchange Commission, Berkshire purchased $191 million in shares of DR Horton but took a much larger stake in Lennar at approximately $800 million.