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Berkshire Hathaway Completes $8.5 Billion Takeover of Taylor Morrison

The deal signals an early push by CEO Greg Abel to consolidate Berkshire's homebuilding businesses through large cash deployments.

Greg Abel will make $25 million in cash in his new role.
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Overview

  • Berkshire said it has closed its $8.5 billion cash acquisition of national homebuilder Taylor Morrison and will fold the company into its site-built operations.
  • Taylor Morrison's brands, including Esplanade, Yardly, and Taylor Morrison Home Funding, will be combined with Clayton Properties Group to create a larger national homebuilding platform.
  • An SEC filing shows Michael O'Sullivan, Charles Chang, and Marc Hamburg briefly served as interim directors of the acquisition vehicle, reflecting direct Berkshire involvement in the deal's execution.
  • The takeover is part of a broader push by Berkshire to deploy its large cash reserves into big assets, following its near-$10 billion OxyChem deal and a multi‑billion stake in Alphabet reported after a June private placement.
  • Greg Abel's early moves to scale homebuilding and reallocate public-equity capital mark a visible strategic imprint at Berkshire while Warren Buffett remains chairman and advises on major decisions.