{
  "id": 17206442,
  "title": "Thrive Holdings agrees $7.6bn ADT acquisition",
  "url": "https://urgent.news/2026/10/30/thrive-holdings-agrees-7-6bn-adt-acquisition",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-30T09:30:56.000Z",
  "source": {
    "name": "Private Equity Wire",
    "slug": "private-equity-wire",
    "url": "https://www.privateequitywire.co.uk/thrive-holdings-agrees-7-6bn-adt-acquisition/"
  },
  "original_language": "en",
  "account": "Thrive Holdings, a permanent capital investment firm founded by Joshua Kushner’s Thrive Capital Management, has reached an agreement to acquire home security company ADT in a $7.6 billion all-cash deal, as reported by Bloomberg. The offer price of $10 per share represents a 46% premium to ADT's closing price on October 27 and values the company at $15.3 billion, including its debt. Funding for the transaction was provided by Apollo Global Management's affiliates. Thrive Holdings, which was established last year, invests in businesses that aim to integrate artificial intelligence into traditional service industries, such as accounting. The company's permanent capital structure allows it to hold businesses for longer periods compared to conventional private equity funds. ADT, founded over 150 years ago, stated that the acquisition would aid in the development of new customer offerings. ADT's CEO, Jim DeVries, mentioned that Thrive's capital and technology expertise would help expedite innovation and enhance the customer experience.",
  "summary": "Thrive Holdings, the permanent capital investment business established by Joshua Kushner’s Thrive Capital Management, has agreed to acquire home security provider ADT in a $7.6bn all-cash transaction, according to a report by Bloomberg.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}