Home / Business and Economy / Berkshire Hathaway Buys Taylor Morrison for $8.5B
Berkshire Hathaway Buys Taylor Morrison for $8.5B
3 Jun
Summary
- Berkshire Hathaway is acquiring Taylor Morrison Home Corp. for $8.5 billion cash.
- The deal offers a 24% premium over Taylor Morrison's recent closing share price.
- Taylor Morrison's management team, including CEO Sheryl Palmer, will remain.
Berkshire Hathaway has agreed to acquire home builder Taylor Morrison Home Corp. in an $8.5 billion all-cash deal. This significant transaction is anticipated to conclude in the second half of 2026, subject to standard closing conditions.
The acquisition price of $72.50 per common share reflects a 24% premium over Taylor Morrison's closing share price on May 29, 2026. Taylor Morrison, known for its single-family homes and growing rental housing presence through its Yardly brand, has been a public company for 13 years.
Taylor Morrison's CEO Sheryl Palmer stated that Berkshire Hathaway's long-term perspective is a strong fit for the homebuilding industry's investment cycles. This acquisition is expected to enable Taylor Morrison to scale its operations significantly. Berkshire Hathaway already holds interests in the housing market through Clayton Homes and its building product businesses.
Taylor Morrison also has a $3 billion financing facility with Kennedy Lewis Investment Management, established in July 2025, to support land acquisition, development, and construction for its Yardly projects. The company aims for Yardly renters to become future homeowners.
