Tech AI LatestThrive Holdings agrees to buy ADT for $15.3 billion and take the security firm private
Thrive Holdings agreed on 29 October 2026 to buy ADT for $10 a share in cash, about $7.6 billion in equity and $15.3 billion including debt, and take it private.
Summary
Thrive Holdings, the holding company TechCrunch describes as backed by OpenAI, agreed on 29 October 2026 to acquire ADT for $10.00 per share in cash. The deal values the US security company at about $7.6 billion in equity and $15.3 billion in enterprise value, a 45.6% premium. Apollo-managed funds provide the financing. Closing is expected in the first quarter of 2027, after which ADT leaves the NYSE.