Abel Leads Berkshire's $6.8 Billion Homebuilder Acquisition

for US$6.8-billion in cash, marking Abel's first major deal and significantly expanding Berkshire's existing housing industry portfolio. This transaction, valued at an enterprise value of US$8.5-billion, saw Berkshire pay US$72.50 per share, representing a 24-per-cent premium over Taylor Morrison's US$58.50 closing price on Friday.

Taylor Morrison, which reported net income of US$782.5-million on US$8.12-billion in revenue in 2025, operates in 12 U.S. states. Greg Abel stated Berkshire expects to "unify our site-built homebuilding operations into a combined platform" to simplify home purchases for Americans.

This acquisition builds on Berkshire's long-standing presence in the housing sector, which includes Clayton Homes, Acme Brick, Benjamin Moore paint, Johns Manville insulation, and stakes in homebuilders Lennar Corp. and NVR.

RBC Research analyst Mike Dahl noted this deal contributes to an ongoing consolidation trend within the homebuilding industry. The acquisition is expected to close in the second half of 2026, pending shareholder and regulatory approvals.