Berkshire completes Taylor Morrison deal valued at $8.5B enterprise value

Berkshire Hathaway has completed its acquisition of Taylor Morrison Home Corp. in a cash deal that values the Arizona-based homebuilder at about $6.8 billion in equity and $8.5 billion in enterprise value, the companies announced on Friday. The companies announced the proposed acquisition in late May 2026. Under the transaction, Berkshire paid $72.50 per Taylor Morrison common share in cash, according to the announcement. The deal adds one of the industry’s larger publicly traded builders to Berkshire’s existing homebuilding platform Clayton Properties Group. Taylor Morrison, headquartered in Scottsdale, Arizona, will continue to be led by CEO Sheryl Palmer. She will oversee integration of Taylor Morrison’s brands — including Esplanade, Yardly and Taylor Morrison Home Funding — with Berkshire’s Clayton Properties Group, a collection of 15 regional and local site-built homebuilders. Combined, Taylor Morrison and Clayton Properties Group delivered nearly 23,000 site-built home closings in 2025, operate in 21 states and 52 housing markets, and serve more than 700 communities nationally, the companies said. That footprint positions the unit as the fourth-largest homebuilding operation ...