Home/Events/Thrive Holdings Acquires ADT for $7.6 Billion

Thrive Holdings Acquires ADT for $7.6 Billion

Confirmed
Confidence
90%
Impact: 80%
Updated 1m ago

Consensus Brief

Thrive Holdings has acquired ADT for $10 per share, totaling approximately $7.6 billion in equity. The total enterprise value of the deal is reported to be $15.3 billion. Thrive Holdings aims to leverage AI to revitalize ADT and enhance its smart home security offerings.

Sourced from
Primary: TechCrunch

What Changed Since Last Update

1m ago

New corroborating source added: TechCrunch published an update on Thu, 29 Oc ("OpenAI-backed Thrive Holdings acquires ADT").

Claim Ledger

4 claims tracked across sources

Confirmed Fact

Thrive Holdings acquired ADT for $10 per share or about $7.6 billion in equity.

Confirmed Fact

The total enterprise value of the deal is $15.3 billion.

Confirmed Fact

Thrive Holdings is a PE spin-out from Thrive Capital and counts OpenAI as a partner.

Official Claim

ADT will form the foundation of Thrive Holdings’ smart home security business.

Role-Based Impact Analysis