Taylor Morrison Purchases Texas-Based Darling Homes

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--

Taylor Morrison, a leading North American home builder, has purchased Texas home builder Darling Homes. The transaction closed on December 31.

Darling Homes, founded by brothers Bill, Steve and Bob Darling, has been building high quality family homes in the Dallas-Fort Worth Metroplex and Greater Houston areas for more than 25 years. Darling Homes has received numerous industry awards.

“My brothers and I are delighted to be joining Taylor Morrison,” said Bill Darling. “Taylor Morrison has a customer-focused attitude and an internal culture that is a close fit with our own. It's great to see that the Darling brand will continue in this way.”

Sheryl Palmer, CEO and President of Taylor Morrison, said, “We have always been impressed with the Darling brand and the team's passion and commitment. It's wonderful to think that we can now help to develop this complementary brand as part of Taylor Morrison.”

About Taylor Morrison

Headquartered in Scottsdale, Arizona, Taylor Morrison is a builder and developer of single-family detached and attached homes. Under the Taylor Morrison® brand, the Company operates in Arizona, California, Colorado, Florida and Texas. Under the Monarch brand, the Company operates in Ontario, Canada, where the Company builds and develops single-family detached and attached homes in both Toronto and Ottawa. Monarch also builds high-rise condominiums in Toronto. Taylor Morrison serves a wide array of home buyers, including entry-level, move-up, luxury and active adult customers, through its innovative product mix. For more information, please visit www.taylormorrison.com.