Thrive Holdings announced on 29 October 2026 that it will acquire ADT for $10 per share, valuing the transaction at about $15.3 billion (TechCrunch, “OpenAI-backed Thrive Holdings acquires ADT”, 29 October 2026).
How much is Thrive Holdings paying to acquire ADT?
Thrive Holdings is paying $10 per share, which translates to roughly $7.6 billion in equity and a total enterprise value of $15.3 billion (TechCrunch, “OpenAI-backed Thrive Holdings acquires ADT”, 29 October 2026). The $10 per share price represents a roughly 46 percent premium over ADT’s unaffected closing price prior to the deal (SecurityInfoWatch, “ADT Acquired, Going Private Again”, 29 October 2026).
Who is financing the ADT acquisition?
Apollo Global Management is providing all financing commitments for the transaction, despite having fully exited its equity stake in ADT earlier in the year (SecurityInfoWatch, “ADT Acquired, Going Private Again”, 29 October 2026). Apollo’s involvement includes covering the all‑cash consideration that totals $15.3 billion, including debt.
What role does OpenAI play in the acquisition?
OpenAI is a partner and investor in Thrive Holdings, supplying AI models, technology, and forward‑deployed engineers to the companies held by Thrive (TechCrunch, “OpenAI-backed Thrive Holdings acquires ADT”, 29 October 2026). OpenAI’s partnership is intended to revitalize Thrive’s portfolio with artificial‑intelligence‑driven products, and ADT will become the foundation of Thrive’s smart‑home security business.
When was the acquisition announced?
The acquisition was publicly announced on Thursday, 29 October 2026, through a joint press release from Thrive Holdings and ADT (TechCrunch, “OpenAI-backed Thrive Holdings acquires ADT”, 29 October 2026).
Deal terms at a glance
| Metric | Value | Source |
|---|---|---|
| Share price | $10 per share | TechCrunch, “OpenAI-backed Thrive Holdings acquires ADT”, 29 October 2026 |
| Equity value | About $7.6 billion | TechCrunch, “OpenAI-backed Thrive Holdings acquires ADT”, 29 October 2026 |
| Enterprise value | $15.3 billion | TechCrunch, “OpenAI-backed Thrive Holdings acquires ADT”, 29 October 2026 |
| Premium to closing price | Roughly 46 percent | SecurityInfoWatch, “ADT Acquired, Going Private Again”, 29 October 2026 |
| Financing provider | Apollo Global Management (all‑cash) | SecurityInfoWatch, “ADT Acquired, Going Private Again”, 29 October 2026 |
Sources
- TechCrunch — OpenAI-backed Thrive Holdings acquires ADT — article detailing the deal terms, OpenAI partnership, and Thrive’s portfolio.
- SecurityInfoWatch — ADT Acquired, Going Private Again — article confirming the $15.3 billion all‑cash valuation, share‑price premium, and Apollo’s financing role.