Berkshire Hathaway Inc. (NYSE:BRK.A, BRK.B) has reached a definitive agreement to acquire Taylor Morrison Home Corporation (NYSE:TMHC) for $72.50 per share in cash.
The deal values Taylor Morrison at approximately $6.8 billion in equity and $8.5 billion in total enterprise value. The purchase price represents a 24% premium to Taylor Morrison's closing price on May 29, 2026.
Taylor Morrison is a national homebuilder with over 350 communities across 21 markets in 12 states. It serves entry-level, move-up, and resort lifestyle buyers under the Taylor Morrison and Esplanade brands, and develops rental communities under its Yardly brand.
Post-acquisition, Taylor Morrison will continue under its existing management, led by CEO Sheryl Palmer. The company will become private and its stock will be delisted from the NYSE.
"Berkshire is acquiring a best-in-class national homebuilder. Over time, we expect to unify our site-built homebuilding operations into a combined platform," said Berkshire Hathaway CEO Greg Abel.
The transaction is expected to close in the second half of 2026, subject to Taylor Morrison stockholder approval and regulatory clearances.
Goldman Sachs & Co. LLC and Moelis & Company LLC are serving as financial advisors to Taylor Morrison.
