ADT to be Acquired by Thrive Holdings in $15.3 Billion Transaction
Key Highlights
- ➤Thrive Holdings to acquire ADT for $15.3 billion enterprise value in an all-cash transaction
- ➤ADT stockholders will receive $10.00 per share, a 45.6% premium to unaffected price
- ➤ADT equity value is approximately $7.6 billion under the proposed transaction
- ➤Transaction expected to close in first quarter of 2027, pending stockholder and antitrust approval
- ➤ADT will become privately held and its NYSE-listed common stock will cease trading
Expert Statements
Jim DeVries, Chairman, President and Chief Executive Officer of ADT
“ADT is pleased to enter into this transaction, which recognizes the value built by our more than 12,000 employees and delivers an attractive cash premium to our stockholders”
Jim DeVries, Chairman, President and Chief Executive Officer of ADT
“Our leadership in security is based on a legacy of trust, longstanding customer relationships and the dedication of our employees. With Thrive Holdings’ long-term capital and technology expertise, ADT will gain new opportunities to accelerate innovation, enhance the customer experience and bring greater peace of mind to even more homes and businesses.”
Kareem Zaki, Partner at Thrive Holdings
“ADT has spent generations showing up for people when it matters most”
Kareem Zaki, Partner at Thrive Holdings
“We intend to build on that foundation by strengthening ADT’s technology and product capabilities, with the capital and patience to invest over decades. Our ambition is to help ADT’s teams better serve customers and offer a seamless service with more actionable information for the professionals responding.”
Anuj Mehndiratta, Partner at Thrive Holdings
“Protecting customers’ homes also means protecting their data. Thrive Holdings is committed to upholding the highest standards of privacy and cybersecurity to protect the information that customers entrust to ADT.”
* ADT stockholders will receive $10.00 per share in cash, representing a 45.6% premium to ADT’s unaffected closing share price of $6.87 on October 27, 2026. * The transaction brings together ADT’s security expertise, technology and nationwide network of professionals with Thrive Holdings’ long-term capital and engineering capabilities. * Upon completion of the transaction, ADT will become a privately held company. * Thrive Holdings’ permanent capital structure can support sustained investment in ADT’s products, technologies, capabilities and people over a long-term horizon. * Thrive Holdings will uphold ADT’s longstanding commitment to protecting customer data, and ADT’s data protection and privacy policies will remain unchanged. BOCA RATON, Fla. and NEW YORK, Oct. 29, 2026 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE: ADT) (“ADT” or the “Company”), a leading provider of security, interactive and smart home solutions serving residential and small business customers in the U.S., and Thrive Holdings, a permanent capital holding company focused on investing in established businesses and advancing their capabilities through technology, today announced a definitive agreement under which Thrive Holdings will acquire ADT in an all-cash transaction. The agreement values ADT at approximately $7.6 billion in equity value and $15.3 billion in enterprise value.
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