Recent Updates — ADT
ADT Inc. entered into a definitive Agreement and Plan of Merger with Abode Parent, LLC, pursuant to which ADT will merge with a subsidiary of Abode and become a wholly owned subsidiary. Under the terms of the deal, each share of ADT common stock will be converted into the right to receive $10.00 per share in cash. The transaction requires approval from ADT's stockholders and customary closing conditions, including regulatory clearance under the Hart-Scott-Rodino Act. The board unanimously approved the agreement, which includes a go-shop period allowing ADT to solicit alternative proposals through November 29, 2026. Abode has secured financing commitments to fund the acquisition. ADT Inc. operates in the consumer and commercial security services industry.
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.
On August 28, 2026, ADT Inc. subsidiaries entered into an Incremental Assumption and Amendment Agreement to incur $100 million in incremental first lien senior secured term A loans. This borrowing brings the total outstanding principal under the Amended Term Loan Credit Agreement to $520,312,500. The proceeds are designated for general corporate purposes. ADT Inc. operates in the security and home automation industry.
ADT Inc. reported second quarter 2026 financial results, announcing total revenue of $1.3 billion, a 2% increase year-over-year. GAAP income from continuing operations was $155 million ($0.19 per diluted share), while Adjusted Free Cash Flow rose 48% to $406 million. The company raised its full-year 2026 outlook, projecting approximately 30% growth in Adjusted Free Cash Flow and 2% revenue growth. Additionally, the Board declared a quarterly cash dividend of $0.055 per share for common and Class B stock, with a record date of September 10, 2026, and payment on October 1, 2026. ADT Inc. operates in the security, interactive, and smart home solutions industry.