Key Takeaways
- • Thrive Holdings has agreed to acquire security company ADT in an all-cash take-private transaction valued at approximately $7.6 billion in equity value and $15.3 billion in enterprise value, according to ADT's announcement on October 29, 2026.
- • The deal is being advised on the legal side by Cravath, Swaine & Moore and Kirkland & Ellis, per the Law360 headline.
- • The transaction is structured as a take-private, removing ADT from public equity markets upon completion.
- • The source article provides limited detail beyond the headline valuation and the parties involved, so further terms remain to be confirmed.
Summary
New York investment firm Thrive Holdings has agreed to acquire security company ADT Inc. in an all-cash transaction, ADT announced on Thursday, October 29, 2026, according to Law360. The deal values ADT at approximately $7.6 billion in equity value and $15.3 billion in enterprise value, the difference reflecting ADT's net debt obligations.
Because the transaction is a take-private, ADT's public shareholders would receive cash for their stakes and the company would no longer trade publicly following completion. Law360's headline identifies Cravath and Kirkland & Ellis as the law firms steering the transaction.
The primary source is a paywalled Law360 article and does not provide additional detail on financing structure, premium to ADT's share price, expected closing timeline, or regulatory approvals required. Readers should consult ADT's formal announcement and subsequent filings for those terms.
Because the transaction is a take-private, ADT's public shareholders would receive cash for their stakes and the company would no longer trade publicly following completion. Law360's headline identifies Cravath and Kirkland & Ellis as the law firms steering the transaction.
The primary source is a paywalled Law360 article and does not provide additional detail on financing structure, premium to ADT's share price, expected closing timeline, or regulatory approvals required. Readers should consult ADT's formal announcement and subsequent filings for those terms.
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