Thrive Capital Acquires ADT for $15.3 Billion, Takes Home Security Company Private
- Reports
- 2
- Developments
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- Repetition
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New informationRepeats or wire copies
What happened
Thrive Holdings agreed to take ADT private in an all-cash transaction valued at $15.3 billion. Shareholders will receive $10 per share, which represents a premium of roughly 46% over ADT’s unaffected closing price. Apollo Global Management provided all financing for the acquisition.
Why it matters
The acquisition involves Thrive Holdings acquiring a business that generates substantial cash. In the second quarter of 2026, ADT reported adjusted free cash flow of $406 million, which was up 48%.
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Who's involved
- Thrive CapitalAcquirer of ADT
- Apollo Global ManagementProvided financing for the acquisition
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Thrive CapitalSpeculative
Thrive Capital could see its cash flow increase through the ownership of ADT.
- Apollo Global ManagementSpeculative
Apollo Global Management might see its investment portfolio benefit from the financing role in the deal.
How it developed
Newest first. Tap a step to see who reported it.Thrive Capital is moving to take ADT private, and ADT is now part of the S&P SmallCap 600.1 source
Thrive Holdings completed the $15.3B acquisition of ADT, backed by Apollo Global Management financing.1 source
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The entities involved
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Thrive Capital
American venture capital firm
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