SecurityAxios Techabout 2 hours ago
Thrive Holdings Acquires Home Security Firm ADT
1 min read
Thrive Holdings agrees to acquire ADT in an all-cash take-private deal, valuing the home security company at $15.3 billion in enterprise value. The transaction values ADT at about $7.6 billion in equity value, a nearly 46% premium over its closing price on Oct. 27. The deal is set to close in 1Q27, subject to stockholder and regulatory approvals.
Level
Hype check
Tap to vote and see what everyone thinks.
