Berkshire completes $8.5 billion Taylor Morrison acquisition, merging it with Clayton Properties

Berkshire completed its acquisition of Taylor Morrison for $72.50 per share in cash, a total equity value of about $6.8 billion and enterprise value of about $8.5 billion. Taylor Morrison will be combined with Berkshire's site-built homebuilding operations, Clayton Properties Group, and stays led by CEO Sheryl Palmer. The release says the combined business is the fourth-largest U.S. homebuilding operation.

• $72.50 per share in cash; equity value about $6.8 billion; enterprise value about $8.5 billion
• Combined with Clayton Properties Group, 15 regional and local homebuilders
• Nearly 23,000 site-built home closings in 2025 across 21 states and 52 housing markets
• Taylor Morrison brands include Esplanade, Yardly and Taylor Morrison Home Funding
• Berkshire CEO Greg Abel calls it an important step toward a unified site-built homebuilding operation