Josh Kushner’s Thrive to Buy ADT for $7.6 Billion
Home-security company ADT has agreed to be acquired for $7.6 billion in cash by Thrive Holdings, an investment vehicle formed by Josh Kushner’s venture capital firm, Thrive Capital.
Archived explainer. For the current picture see today's ADT page.
ADT INC DEL (ADT) is up +33.47% in the latest session. Our newswire has captured 15 stories on ADT across 7 sources in the last 36 hours, with AI sentiment reading bullish (avg 66/100).
ADT Inc. shares surged 33.47% to $9.89 on Tuesday, driven by the announcement that the home-security company agreed to be acquired for $7.6 billion in cash. The buyer is Thrive Holdings, an investment vehicle formed by Josh Kushner’s venture capital firm, Thrive Capital.
ADT and Thrive Holdings confirmed the all-cash transaction, which values the company at an enterprise value of $15.3 billion. The deal prices shares at $10.00 each, representing a 45.6% premium to the prior market price. ADT filed an 8-K with the Securities and Exchange Commission on October 29, 2026, to disclose the agreement. The company, based in Boca Raton, Florida, provides security, interactive, and smart home solutions for residential and small business customers. Prior to the formal announcement, shares had already risen 9% on October 28 following reports that Thrive Capital was in discussions to take the company private. Trading was briefly halted on Tuesday pending the news.
The stock opened at $7.46, a 0.7% gap up from the previous close of $7.41. It reached a session high of $9.97 at 9:45 AM ET before settling near $9.91. Volume stood at 3.2 million shares, which is 0.4 times the three-month daily average. Fundamentals show a market cap of $5.0 billion, a P/E ratio of 10.2, and a net margin of 11.9%. The stock has a beta of 1.06 and a dividend yield of 3.20%. Over the last 52 weeks, the stock traded in a range of $6.03 to $8.89. Notably, the stock printed 17 fresh 52-week highs on October 28, 2026. In the 8 sessions leading up to the move, the stock had declined 2.2% from $7.53 to $7.37. A recent congressional filing showed Donald J. Trump sold between $15,001 and $50,000 of the stock on July 29, 2026.
Investors will monitor the progress of the acquisition as it moves through regulatory and shareholder approval processes. The deal represents a significant shift for ADT, transitioning it from a public entity to a private holding under Thrive Capital.
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Home-security company ADT has agreed to be acquired for $7.6 billion in cash by Thrive Holdings, an investment vehicle formed by Josh Kushner’s venture capital firm, Thrive Capital.
ADT to be acquired by Thrive in a $15.3B all-cash deal at a 45.6% premium.
Filed: 2026-10-29 AccNo: 0001193125-26-437123 Size: 192 KB Item 8.01: Other Events Item 9.01: Financial Statements and Exhibits
BOCA RATON, Fla. and NEW YORK, Oct. 29, 2026 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE: ADT) (“ADT” or the “Company”), a leading provider of security, interactive and smart home solutions serving residential and small business customers in the U.S., and Thrive Holdings, a permanent capital holding company focused on investing in established businesses and advancing their capabilities through technology, today announced a definitive agreement under which Thrive Holdings will acquire ADT in an all-cash…
On October 28, 2026, ADT Inc. (NYSE: ADT) shares surged 9% following reports that Thrive Capital, led by Josh Kushner, is in discussions to take the company pri
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Earlier ADT move explainers: 2026-10-29