EQUIPThe Verge · 38m ago
Joshua Kushner’s Thrive Holdings is acquiring ADT for $7.6 billion
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Thrive Holdings, led by Joshua Kushner, has entered a definitive agreement to acquire security firm ADT for $7.6 billion. The all-cash transaction will take the company private and is scheduled for completion in the first quarter of 2027.
- 01Thrive Holdings will acquire ADT in an all-cash transaction valued at 7.6 billion dollars
- 02The deal is expected to close during the first quarter of 2027
- 03ADT will transition to a private company following the completion of the acquisition
- 04Bloomberg originally reported the deal which involves Joshua Kushner's investment entity
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Business Travel Management 2026: Program Blueprint →AI-generated summary · Verify at source
The Joshua Kushner-led Thrive Holdings is acquiring ADT in an all-cash deal valued at $7.6 billion. The deal is expected to close in the first quarter of 2027 and will take ADT private, as reported earlier by Bloomberg. Joshua Kushner is the brother of President Donald Trump's son-in-law, Jared Kushner. Thrive Holdings was founded last […]