Thrive Holdings To Acquire ADT For $15.3 Billion To Modernize Home Security

Thrive Holdings has agreed to acquire ADT in a $15.3 billion deal, aiming to modernize the home security provider through technology while building on its 150-year legacy and nationwide service network. Thrive plans to invest in ADT’s people and technology to reduce false alarms, improve alerts and identify equipment issues earlier. The agreement values ADT’s equity at $7.6 billion, with Thrive offering $10 per share, a 45.6% premium over its recent closing price. The deal is backed by financing from Apollo Global Management and is expected to close in early 2027, pending approvals.

AMOUNT: $15,300,000,000

HQ: New York City, New York

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