SecurityThe Vergeabout 1 hour ago
Thrive Holdings Acquires ADT for $7.6 Billion
1 min read
Joshua Kushner's Thrive Holdings acquires ADT in an all-cash deal valued at $7.6 billion. The transaction is expected to close in the first quarter of 2027 and will take the home security company private. ADT CEO Jim DeVries states the acquisition will accelerate innovation and enhance the customer experience for homes and businesses.
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