funding
Thrive Holdings Agrees to Buy ADT at $10 a Share in $15.3B Deal, Apollo Financing
Thrive Holdings, the permanent-capital arm of Thrive Capital, agreed on Oct 29 to acquire ADT for $10 a share in cash: $7.6B equity value, $15.3B enterprise value, a 45.6% premium. Apollo funds are financing. Close is expected Q1 2027, pending a stockholder vote and US antitrust approval.