ADT to be acquired by Thrive Holdings for $10.00/share in cash at ~$7.6B equity value

ADT has entered into a definitive agreement to be acquired by Joshua Kushner's Thrive Holdings for $10.00 per share in cash, a 45.6% premium to its Oct 27 close, at an equity value of about $7.6 billion and enterprise value of $15.3 billion. Apollo provides the sole financing; the deal is expected to close in Q1 2027.

Detected & updated continuously · Source: Nebula