Thrive Holdings agrees $7.6bn ADT acquisition
Thursday, October 29, 2026 · first reported by Private Equity Wire and 3 others
ADT is to be taken private by Thrive Holdings, a New York investment firm, in a cash transaction. The deal values ADT's equity at about $7.6 billion and the business at $15.3 billion including debt, per Law360, which says ADT made the announcement on Thursday.
TechCrunch identifies Thrive Holdings as OpenAI-backed and says it intends to apply AI to the home security business. Law360 lists Cravath and Kirkland as the law firms steering the transaction.
- Firm
- Thrive Holdings
- Also named
- ADT, Apollo Global Management
- Deal value
- $7.6B
- Asset class
- Private equity
- Geography
- North America
Advisers Kirkland & Ellis (legal counsel), Cravath, Swaine & Moore (legal counsel)
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
Coverage
4 sources- Acuity agreed to acquire Parameter Technologies, a data center leak detection and battery monitoring makerPrivate Equity Professional
- Let’s make a deal: Billions of dollars change hands in the U.S. oil and gas sectorIREI
- Trian Fund Management offers to acquire Wendy’s for $1.4bnHedgeweek +15
- Genesta trades independence for scale amid ‘tough times’ for real estatePERE
- Carlyle agrees exit from Romanian gas producer BSOGPrivate Equity Wire
- Stonepeak acquires BMO’s transport and vendor finance businessesIREI
Got news? Send it to us →