Warren Buffett's Berkshire Hathaway has agreed to acquire U.S. homebuilder Taylor Morrison Home Corp for about $6.8 billion in cash, expanding its footprint in the residential housing market.
Under the terms, Berkshire will pay $72.50 per Taylor Morrison share in cash, a premium of about 24% over the May 29 closing price of $58.50.
Including debt, the transaction values the Scottsdale, Arizona-based builder at approximately $8.5 billion.
The acquisition adds one of the largest U.S. homebuilders to Berkshire's portfolio, which already includes manufactured housing giant Clayton Homes and a range of building products businesses.
Taylor Morrison operates more than 350 communities across 21 markets in 12 U.S. states, serving buyers in entry-level, move-up, and resort-style segments. It also develops rental communities under its Yardly brand and provides mortgage, title, and insurance services.
CEO Sheryl Palmer said Berkshire's long-term investment approach suits the homebuilding industry's multi-year cycle and will support future growth.
The transaction is expected to close in the second half of 2026, subject to shareholder and regulatory approvals. After completion, Taylor Morrison will become a private company and its shares will be delisted from the New York Stock Exchange.
Taylor Morrison's existing management team, including Palmer, will continue to lead the business post-acquisition.
