AcquisitionsOct 29, 2026, 09:22 AM
ADT Inc. to be Acquired by Thrive Holdings for $7.6 Billion
AI Summary
ADT Inc. announced a definitive agreement to be acquired by Thrive Holdings, a permanent capital holding company, in an all-cash transaction valued at approximately $7.6 billion in equity value. ADT stockholders will receive $10.00 per share in cash, representing a significant premium. The transaction is expected to close in the first quarter of 2027. Upon completion, ADT will become a privately held company, with Thrive Holdings aiming to invest in ADT's products, technologies, and people over the long term.
Key Highlights
- ADT Inc. to be acquired by Thrive Holdings in an all-cash transaction valued at approximately $7.6 billion in equity value.
- ADT stockholders to receive $10.00 per share in cash, a 45.6% premium to the unaffected closing share price.
- The transaction is expected to close in the first quarter of 2027, subject to customary closing conditions.
- Financing commitments for the transaction have been solely provided by funds managed by affiliates of Apollo Global Management, Inc.
- ADT will become a privately held company upon completion of the transaction.
Price Impact
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