ADT Announces Acquisition by Thrive Holdings for $10 Per Share
ADT has entered into a definitive agreement to be acquired by private equity firm Thrive Holdings in an all-cash transaction valued at $7.6 billion in equity. Under the terms of the deal, which has been unanimously approved by ADT's Board of Directors, shareholders will receive $10 per share. This price represents a significant premium over recent trading levels, and the acquisition is expected to close in the first quarter of 2027, pending regulatory and investor approval. Despite the pending buyout, ADT reported strong financial performance during its third-quarter 2026 earnings call. The company has generated over $1 billion in year-to-date free cash flow through the first three quarters, surpassing last year's full-year total. Additionally, ADT is expanding its service reach through 'ADT Partner Services,' a new initiative that includes providing professional installation and technical support for Apple Retail.
Topics: Cash Flow Earnings Call M&A Private Equity
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