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EconomyJoshua Kushner’s Thrive Holdings to acquire ADT for $7.6 billion

Joshua Kushner-led Thrive Holdings is buying ADT in an all-cash deal valued at $7.6 billion, expected to close in the first quarter of 2027 and take the company private. Thrive Holdings buys traditional businesses and applies AI to their operations. ADT also partners with Google and Apple on smart-home products.

acquisitionThrive HoldingsADTartificial intelligence

TThe Verge★★★☆☆2026-10-29 16:03Original

Joshua Kushner’s Thrive Holdings to acquire ADT for $7.6 billion
Joshua Kushner’s Thrive Holdings to acquire ADT for $7.6 billionEconomy