Home security firm ADT to be taken private by Thrive Holdings for $7.6 billion
Investment firm Thrive Holdings has agreed to acquire residential security provider ADT in an all-cash deal valued at $7.6 billion in equity value and $15.3 billion in enterprise value. Under the terms of the definitive agreement announced on October 29, 2026, ADT shareholders will receive $10 per share in cash. This price represents a 45.6 percent premium over the stock's unaffected closing price of $6.87 on October 27, 2026. The transaction has received unanimous approval from ADT's board of directors and is moving toward completion.
Listen to Live Briefing
Real-time synthesized voice briefing · Live Feeds Desk
- ✓ Thrive Holdings agreed to acquire ADT in an all-cash transaction valued at $7.6 billion in equity value and $15.3 billion in enterprise value.
- ✓ ADT shareholders will receive $10 per share under the terms of the buyout agreement.
- ✓ The $10 per share offer represents a 45.6 percent premium to the stock's unaffected closing price of $6.87 on October 27, 2026.
- ✓ ADT's board of directors unanimously approved the transaction.
What changed
Thrive Holdings agreed to acquire ADT in an all-cash buyout transaction valued at $7.6 billion in equity and $15.3 billion in enterprise value.
Live updates
-
Thrive Holdings to Take ADT Private in $15.3B Deal
Investment firm Thrive Holdings has agreed to acquire residential security provider ADT in an all-cash deal valued at $7.6 billion in equity value and $15.3 billion in enterprise value. Under the terms of the definitive agreement announced on October 29, 2026, ADT shareholders will receive $10 per share in cash. This price represents a 45.6 percent premium over the stock's unaffected closing price of $6.87 on October 27, 2026. The transaction has received unanimous approval from ADT's board of directors and is moving toward completion.
Why it matters
The acquisition shifts a major residential and small business security provider into private hands under Joshua Kushner's permanent capital holding firm. Thrive Holdings intends to combine its capital and engineering capabilities with ADT's existing security network and technology. The buyout also brings artificial intelligence ambitions into the home security sector through Thrive Holdings' backing by OpenAI. Market reaction pushed ADT stock to a five-year high as shares traded near the agreed buyout price.
What is confirmed
- Thrive Holdings agreed to acquire ADT in an all-cash transaction valued at $7.6 billion in equity value and $15.3 billion in enterprise value.
- ADT shareholders will receive $10 per share under the terms of the buyout agreement.
- The $10 per share offer represents a 45.6 percent premium to the stock's unaffected closing price of $6.87 on October 27, 2026.
- ADT's board of directors unanimously approved the transaction.
- ADT reported Q3 2026 revenue of $1.35 billion, representing a 4 percent increase, alongside an adjusted EBITDA decrease of 2 percent.
Still unconfirmed
- Thrive Holdings plans to integrate advanced artificial intelligence capabilities specifically into the home security business.
What to watch next
- Regulatory approvals and closing conditions for the acquisition
- Final shareholder vote on the buyout deal
- Further details regarding the integration of artificial intelligence technology into ADT operations
confidence 100%Sources used for this update (19)
- www.marketscreener.com — Global Stocks Fall on Higher Oil Prices, AI Pullback | MarketScreener
- WSJ — Why Josh Kushner’s Firm Just Spent $7.6 Billion on a 150-Year-Old Company
- Bloomberg.com — Kushner’s Thrive Holdings to Buy ADT for $7.6 Billion in Cash
- Reuters — Home security firm ADT to be taken private by Thrive Holdings for $7.6 billion
- Financial Times — Josh Kushner’s Thrive Holdings to buy home security firm ADT in $15.3bn deal
- Yahoo Finance — ADT stock surges to 5-year high after Thrive Holdings agrees to $7.6 billion buyout deal
- finance.yahoo.com — ADT (ADT) Stock Sees Fair Value Lift After Thrive Deal Sparks Analyst Debate
- newsroom.adt.com — ADT to be Acquired by Thrive Holdings in $15.3 Billion ...
- techcrunch.com — OpenAI-backed Thrive Holdings acquires ADT | TechCrunch
- www.cravath.com — ADT’s $15.3 Billion Acquisition by Thrive Holdings
- emergent.sh — OpenAI-Backed Thrive Holdings Acquires ADT for $7.6B
- finance.yahoo.com — ADT (ADT) Has A 20% Overvaluation View As Its $10 Buyout Nears
Community Sentiment: How do you assess this situation?
Voice your perspective · Real-time aggregated sentiment from the Live Feeds community