Thrive Holdings agrees to take home-security company private in cash deal

On October 29, 2026, Thrive Holdings agreed to acquire ADT in an all-cash transaction offering shareholders $10.00 per share. The deal represents $7.6 billion in equity value and $15.3 billion in enterprise value, and ADT's board approved it unanimously. Completion is targeted for Q1 2027, after a shareholder vote and U.S. antitrust clearance, after which ADT would become privately held.

ADT shareholders would receive cash at closing, while the company's publicly traded shares would cease trading on the New York Stock Exchange if the acquisition is completed. The agreement remains subject to approval conditions and allows ADT to seek competing proposals during a 30-day go-shop period.

  • 1ADT shareholders are slated to receive $10.00 per share in cash.
  • 2The offer is a 45.6% premium to ADT's unaffected closing share price of $6.87 on October 27, 2026.
  • 3The transaction carries $7.6 billion in equity value and $15.3 billion in enterprise value.
  • 4The proposed closing window is Q1 2027, subject to ADT shareholder approval and U.S. antitrust clearance.
  • 5ADT may solicit competing acquisition proposals during a 30-day period.
  • 6ADT's common stock would stop trading on the New York Stock Exchange once the transaction closes.
  • One material reports approximately $12.3 billion as the deal value, while other materials state $15.3 billion in enterprise value and $7.6 billion in equity value; the basis of the $12.3 billion figure is not specified.

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