ADT Inc. to Be Acquired by Thrive Holdings in a $7.6‑Billion All‑Cash Deal

October 29, 2026 – Residential security firm ADT Inc. (NYSE: ADT) announced that it has agreed to be acquired by Thrive Holdings, a holding company founded by Joshua Kushner, in an all‑cash transaction valued at approximately $7.6 billion. Under the terms of the agreement, every ADT shareholder will receive $10.00 per share, representing a premium of roughly 46 % over the company’s closing price on October 27, 2026.

The deal values ADT at an enterprise value of $15.3 billion, reflecting the total value of the company including debt. The transaction is being financed in part by a cash commitment from Apollo Global Management.

ADT’s share price surged 34 % in early trading on October 29 following the announcement, taking the stock close to a four‑year high. At the time of the announcement, ADT’s market capitalization was $7.2 billion, its price‑to‑earnings ratio was 13.67, and it was trading near $9.86 per share.

Company Profile

ADT Inc. is headquartered in Boca Raton, Florida, and operates within the Consumer Discretionary sector, specifically in Commercial Services & Supplies. The company offers a broad portfolio of security solutions, including temperature, burglary, flood, fire and smoke, and medical alert monitoring, as well as security cameras, remote access, and wireless home security systems. Its primary customer base is in the United States.

Implications for Investors

The acquisition is expected to create significant value for ADT shareholders, given the premium offered and the strategic fit with Thrive Holdings’ portfolio, which includes a range of technology and service businesses. Market observers note that the deal aligns with a broader trend of consolidation in the security and smart‑home industry.

For the broader market, the transaction highlights ongoing interest from private‑equity and venture‑backed holding companies in established consumer‑service businesses, and it may influence valuations in related sectors.

References

  • Bloomberg, “ADT Bought by Kushner’s Thrive Holdings for $7.6 Billion” (October 29, 2026)
  • Reuters, “Thrive Holdings to buy ADT in deal valuing residential security firm at $7.6 billion” (October 29, 2026)
  • Yahoo Finance, “ADT stock spikes 34% on $7.6 billion takeover deal by Josh Kushner’s Thrive” (October 29, 2026)
  • Barron’s, “Thrive Capital Locks Up Returns for ADT Investors” (October 29, 2026)
  • Pymnts, “Why AI Investors Are Buying ADT, Accountants and Call Centers” (October 30, 2026)