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The Verge·2 min read·medium

Joshua Kushner’s Thrive Holdings is acquiring ADT for $7.6 billion

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Emma Roth
Joshua Kushner’s Thrive Holdings is acquiring ADT for $7.6 billion
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Thrive Holdings, led by Joshua Kushner, is acquiring home security company ADT in an all-cash deal valued at $7.6 billion. The firm plans to integrate AI technology into ADT's existing home security and smart home service workflows.

Why it matters

This acquisition highlights the trend of private equity firms using AI to modernize traditional service-based businesses.

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The Joshua Kushner-led Thrive Holdings is acquiring ADT in an all-cash deal valued at $7.6 billion. The deal is expected to close in the first quarter of 2027 and will take ADT private, as reported earlier by Bloomberg.

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