ADT to be Acquired by Thrive Holdings in $15.30 Billion Deal

ADT Inc. (ADT) entered into a merger agreement on October 29, 2026, to be acquired by Thrive Holdings in a deal valued at $15.30 billion.

Deal Structure:

ADT stockholders will receive $10 per share in cash, representing a premium of 34.95% over the stock’s last close.

Company Profile:

ADT is a U.S.-based security services company that provides monitored security systems, smart home automation, video surveillance, fire detection, and access control solutions to residential, small business, and commercial customers. The company generates revenue primarily from recurring monitoring and related service contracts, as well as equipment sales and installation services.

Thrive Holdings is a holding company that acquires and operates businesses in accounting and IT services, integrating AI and proprietary technology to improve their operations. Its portfolio includes Current, which provides accounting services, and Shield, which provides IT services.

Deal Details and Timeline:

The transaction’s financing commitments were provided exclusively by funds managed by affiliates of Apollo Global Management.

The transaction is expected to close in the first quarter of 2027.

ADT can seek acquisition offers from other potential buyers for 30 days, until November 28, 2026. This period may be extended by 10 days for certain parties that submit acquisition proposals during the initial period.

Citi and Goldman Sachs served as financial advisors to ADT, while Cravath, Swaine & Moore acted as its legal advisor. Evercore served as financial advisor to Thrive, with Kirkland & Ellis providing legal counsel.

Thrive is acquiring ADT at a valuation of 4.88 times EBITDA.

Deal Metrics:

For more in-depth information regarding this merger and acquisition, please visit the Deal Metrics page here:

Deal Metrics for the acquisition of ADT Inc. (ADT) by Thrive Holdings

The Deal Metrics page for each merger or acquisition includes:

• A spread history chart of the merger from announcement through eventual completion or failure.
• Every event as the merger progresses through the expiration of the HSR period, various regulatory approvals, shareholder votes, etc.
• News and SEC filings.
• A history of deal updates.
• And a whole lot more.

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Editor’s Note: Baranjot Kaur contributed to this article