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VERIFIEDConfidence: HIGH
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Fact-check summary

Bloomberg, Reuters, and ADT's official announcement confirm Thrive Holdings' all-cash acquisition of ADT at $10/share for $7.6B equity/$15.3B enterprise value.

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Home/Tech/Thrive Holdings to take ADT private in $15.3B all-cash deal
VERIFIEDBy Xavier Rivera·Thursday, October 29, 2026 at 11:45 AM AST·1.5 min read

Thrive Holdings to take ADT private in $15.3B all-cash deal

ADT and Thrive Holdings announced an all-cash deal that values ADT at about $7.6 billion in equity value and $15.3 billion in enterprise value, according to the companies. ADT stockholders would get $10.00 per share, and the companies expect the deal to close in the first quarter of 2027, pending stockholder and US antitrust approval.

Source:ADT
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Thrive Holdings to take ADT private in $15.3B all-cash deal
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TL;DRAI · 60 sec read

Thrive Holdings agreed to buy ADT for $10.00 per share in cash, valuing it at about $7.6 billion in equity value and $15.3 billion in enterprise value, according to the ADT/Thrive announcement. That is a 45.6% premium to ADT's $6.87 close on Oct. 27. ADT's board approved the deal unanimously, Apollo affiliates are providing the financing, and a go-shop runs to Nov. 28. Closing is expected in Q1 2027, pending stockholder and US antitrust approval.

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ADT has agreed to be acquired by Thrive Holdings in an all-cash deal, the companies announced on Oct. 29. According to the ADT/Thrive announcement, the agreement values the home security company at about $7.6 billion in equity value and $15.3 billion in enterprise value.

Shareholders would receive $10 per share. ADT stockholders will receive $10.00 in cash per share when the deal closes, the companies said. Per the announcement, that is a 45.6% premium to ADT's unaffected closing price of $6.87 on Oct. 27, 2026, and a 52.1% premium to its 30-day volume-weighted average price ending the same day.

Board approval and financing. ADT's board unanimously approved the agreement, according to the announcement. Financing commitments come solely from funds managed by affiliates of Apollo Global Management, and the deal is not subject to a financing condition.
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Timeline and conditions. The companies expect the deal to close in the first quarter of 2027, subject to customary conditions, including approval by ADT's stockholders and US antitrust approval. After closing, ADT will become privately held and its stock will stop trading on the New York Stock Exchange.

Go-shop period. Under the merger agreement, ADT may solicit rival proposals until 11:59 p.m. New York time on Nov. 28, 2026, with a possible 10-day extension for some bidders, the companies said. ADT can end the agreement to accept a superior proposal, subject to the agreement's terms.
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What is next. ADT says it will report third-quarter results on Nov. 3 and will not take questions on its call because of the deal. The full announcement is also on GlobeNewswire.
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