Thrive Holdings will acquire ADT Inc. in an all-cash transaction valued at $15.3 billion, including debt, as the firm seeks to expand its footprint in the residential and small business security market.
ADT Inc. has entered into a definitive agreement to be acquired by Thrive Holdings in an all-cash transaction. This deal values the company's equity at approximately $7.6 billion and its total enterprise value at $15.3 billion, which typically causes the stock price to converge toward the agreed-upon acquisition price as the market prices in the certainty of the deal closing.
ADT is being acquired by Thrive Holdings in an all-cash transaction.
The transaction values ADT at an enterprise value of approximately $15.3 billion.
Thrive Holdings has entered a definitive agreement to acquire security provider ADT Inc. in an all-cash transaction. The deal values ADT at $7.6 billion in equity, with a total enterprise value of $15.3 billion, marking a significant consolidation in the smart home and security sector.
The acquisition of ADT by Thrive Holdings is valued at approximately $15.3 billion in enterprise value.
The transaction is an all-cash deal where Thrive Holdings will acquire all outstanding equity of ADT.