Joshua Kushner’s Thrive Holdings is acquiring ADT for $7.6 billion
Led by Joshua Kushner, Thrive Holdings intends to apply AI to ADT's workflows. The transaction is expected to close in the first quarter of 2027.
Key points
- All-cash deal valued at $7.6 billion
- ADT will become a private company
- Thrive Holdings aims to integrate AI into traditional business workflows
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