Thrive Holdings to Acquire ADT in $15.3 Billion All-Cash Deal
Home security provider ADT (ADT) has reached an agreement to be acquired by Thrive Holdings. The transaction is structured as an all-cash deal valued at approximately $15.3 billion, a figure that includes the assumption of existing debt. Upon completion of the acquisition, ADT will transition from a publicly traded entity to a private company. This significant deal marks a major consolidation within the home security and monitoring sector.
Tickers: $ADT
Topics: Home Security M&A Private Equity
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Part of the story Thrive Holdings Acquires ADT in $15.3 Billion Deal to Build AI-Driven Smart Home Security (5 articles)