Joshua Kushner’s Thrive Holdings agrees to buy ADT for $7.6bn in cash
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Thrive Holdings, led by Joshua Kushner's Thrive Capital, agreed to acquire ADT for $7.6 billion in cash, valuing the home security company at $15.3 billion enterprise value. The deal includes financing from Apollo Global Management and awaits shareholder and regulatory approval, expected to close in early 2027.
