Mergers & Acquisitions ·
Thrive Holdings agrees to acquire ADT for $15.3B, offering $10.00 per share in cash
ADTADT Inc.
Thrive Holdings has entered into a definitive agreement to acquire ADT Inc. in an all-cash transaction valued at approximately $7.6 billion in equity value and $15.3 billion in enterprise value. Under the terms approved by ADT's Board of Directors, shareholders will receive $10.00 per share, representing a 45.6% premium to the unaffected closing price on October 27, 2026. The transaction is expected to close in the first quarter of 2027, subject to customary conditions including stockholder and U.S. antitrust approvals. Financing commitments have been provided by funds managed by affiliates of Apollo Global Management. Upon completion, ADT will become a privately held company and its common stock will cease trading on the New York Stock Exchange. ADT is a leading provider of security, interactive and smart home solutions serving residential and small business customers in the U.S.