Thrive Holdings agrees to buy ADT for $10 a share in cash, a $15.3B enterprise value

Thrive Holdings, the holding company started by OpenAI investor Thrive Capital, will acquire ADT for $10.00 a share in cash, a 45.6% premium, valuing ADT at about $7.6B in equity and $15.3B including debt. Apollo funds finance it. ADT's release says Thrive's engineers will look at applying technology to ADT's products but does not mention AI. Close is expected in Q1 2027.

HEAT

OUTLETS

0

FIRST SEEN

Oct 29, 2026, 20:04 ET

LAST SIGNAL

9h ago