Berkshire Hathaway deploys $6.8B for Taylor Morrison Home deal in Greg Abel’s first major acquisition
Berkshire Hathaway is buying Taylor Morrison Home Corporation in an all-cash deal valued at roughly $6.8 billion in equity. The enterprise value clocks in at around $8.5 billion, making it the first significant acquisition under CEO Greg Abel, who stepped into the top job on January 1, 2026.
The offer price of $72.50 per share represents a 24% premium over Taylor Morrison’s closing price of $58.50 on May 29, 2026.
Announced on May 31, 2026, the transaction is expected to close in the second half of this year, pending shareholder and regulatory approval. Once finalized, Taylor Morrison will be taken private and delisted from the NYSE.
Sheryl Palmer, who currently runs Taylor Morrison, will remain as CEO after the acquisition. Abel called Taylor Morrison a “best-in-class national homebuilder.” Palmer, for her part, described the acquisition as a “once-in-a-lifetime opportunity.”
Berkshire already owns Clayton Homes, one of the largest manufactured and modular home builders in the US. Adding Taylor Morrison gives the conglomerate a deeper footprint in conventional, site-built housing.
Berkshire is sitting on nearly $400 billion in cash reserves. This deal uses less than 2% of that war chest.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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