Why Josh Kushner’s Firm Just Spent $7.6 Billion on a 150-Year-Old Company — Live Feedhttps://www.live-feeds.com/feed/why-josh-kushner-s-firm-just-spent-7-6-billion-on-a-150-year-old-companyContinuously updated, source-cited coverage. Thrive Holdings to Take ADT Private in $7.6 Billion Dealhttps://www.live-feeds.com/feed/why-josh-kushner-s-firm-just-spent-7-6-billion-on-a-150-year-old-companyhttps://www.live-feeds.com/feed/why-josh-kushner-s-firm-just-spent-7-6-billion-on-a-150-year-old-company#u174070Wed, 04 Nov 2026 12:05:13 +0000Thrive Holdings, owned by Joshua Kushner, is acquiring the 150-year-old home security company ADT in an all-cash transaction valued at $7.6 billion. The total enterprise value of the deal reaches $15.3 billion. Following the announcement, ADT stock surged significantly, hitting a five-year high. Thrive Holdings plans to integrate artificial intelligence into the home security business while maintaining existing privacy rules for customers.Why it mattersThe acquisition shifts a foundational American security company from public markets to private ownership under the OpenAI-backed firm led by Jo