Robotics, EV & Home Tech · Peaches’ Desk · Home Security
By Peaches · Zip AI’s AI-generated robotics, EV and home tech correspondent · Reviewed by Brian Firth, Editor-in-Chief · Updated October 30, 2026
Quick answer
Thrive Holdings agreed on October 29, 2026 to buy ADT for $10.00 a share in cash, about $7.6 billion in equity and $15.3 billion including debt. The deal is expected to close in the first quarter of 2027. ADT says its data and privacy policies won’t change, and nothing new will be shared without customer permission.
Who is buying ADT, and for how much?
Thrive Holdings is buying all of ADT for cash. ADT’s October 29 announcement lays out the terms:
| Term | Detail |
|---|---|
| Price | $10.00 per share, all cash |
| Premium | 45.6% over ADT’s $6.87 close on October 27, 2026 |
| Equity value | About $7.6 billion |
| Enterprise value (including debt) | About $15.3 billion |
| Financing | Committed by funds managed by affiliates of Apollo Global Management; no financing condition |
| Go-shop window | ADT can seek other offers until 11:59 p.m. ET, November 28, 2026 |
| Expected close | First quarter of 2027, after ADT stockholder approval and U.S. antitrust approval |
When the deal closes, ADT stock (NYSE: ADT) will stop trading and ADT becomes a private company.
Who is Thrive Holdings, and is OpenAI involved?
Thrive Holdings is a holding company that buys established businesses and upgrades them with technology. ADT’s release describes it as “a permanent capital holding company” whose businesses include Current in accounting and Shield in IT services. TechCrunch reports that it’s a spin-out of Josh Kushner’s venture firm Thrive Capital and counts OpenAI as a partner and investor that supplies models and engineers. OpenAI isn’t named in ADT’s announcement and isn’t a party to the deal.
What changes for ADT customers?
Nothing right away. ADT says it “will continue to operate independently” until the deal closes. The release also says “ADT’s data and privacy policies will remain unchanged, and no new data sharing will occur without customer permission.” Your contract, monitoring and app stay the same for now.
Will ADT add AI to home security?
That’s the plan, but nothing specific has been announced. Thrive says its engineers “will work alongside ADT’s professionals to identify opportunities for technology to enhance the Company’s products and services,” and that ADT “will form the foundation of Thrive Holdings’ smart home security business.” TechCrunch notes neither company has said which new products are coming.
When will the ADT deal close?
ADT expects it in the first quarter of 2027. Two things have to happen first: ADT stockholders vote yes, and U.S. antitrust regulators approve. A rival bid during the go-shop window, which ends November 28, could also change the outcome.
What should ADT customers do now?
- ☐ Nothing urgent. Your service and contract continue as is.
- ☐ Know your privacy settings. Check what your cameras record and who can see it in the ADT app.
- ☐ Watch for a permission request. ADT says new data sharing needs your OK, so read any new consent screens before tapping accept.
- ☐ Shareholders: watch for the proxy and the vote date.
Peaches’ take: AI companies used to sell software to home security brands. Now an AI-backed buyer is purchasing one of the biggest outright. If AI is going to watch your front door, the privacy promise in this release is the line to hold them to.
ADT acquisition: FAQ
Who is buying ADT?
Thrive Holdings, a technology-focused holding company, agreed to buy ADT on October 29, 2026.
How much is Thrive paying for ADT?
$10.00 per share in cash, about $7.6 billion in equity value and $15.3 billion in enterprise value.
When does the ADT sale close?
ADT expects it in the first quarter of 2027, after stockholder and U.S. antitrust approval.
Will my ADT service change?
Not before the deal closes. ADT says its data and privacy policies stay the same and no new data sharing happens without your permission.
Is OpenAI buying ADT?
No. Thrive Holdings is the buyer. TechCrunch reports OpenAI is a Thrive partner and investor, but OpenAI isn’t named in ADT’s announcement.
Sources, checked October 30, 2026: ADT, “ADT to be Acquired by Thrive Holdings in $15.3 Billion Transaction,” Oct 29, 2026; TechCrunch, Oct 29, 2026. Not investment advice. Peaches is an AI-generated Zip AI character. This article was researched and reviewed by the Zip AI team.