ADT to be Acquired by Thrive Holdings in a $15.3 Billion All-Cash Transaction

ADT Inc. has entered into a definitive agreement to be acquired by Thrive Holdings, a permanent capital holding company, in an all-cash transaction with an enterprise value of $15.3 billion. Upon completion of the deal, ADT will become a privately held company, and its common stock will no longer be traded on the New York Stock Exchange.

Key Details

• Transaction Terms: ADT stockholders will receive $10.00 per share in cash, representing a 45.6% premium to the unaffected closing share price on October 27, 2026.
• Valuation: The agreement values ADT at an enterprise value of approximately $15.3 billion and an equity value of $7.6 billion.
• Timeline & Conditions: The transaction is expected to close in the first quarter of 2027, subject to stockholder and regulatory approvals. The agreement also includes a 30-day "go-shop" period for ADT to solicit alternative proposals.