Thrive Holdings agrees to take ADT private for $7.6 billion

Shareholders would receive $10 per share, a roughly 35% premium to the previous close. Reuters reported an enterprise value of about $15.3 billion including debt, with completion expected in the first quarter of 2027, subject to approvals and closing conditions.

Thrive Holdings says it buys businesses in critical industries and uses technology, including AI, to improve them. ADT will continue operating independently until the transaction closes and would then leave the New York Stock Exchange.