GoKawiilThrive Holdings to buy ADT for $7.6 billion, taking it private
Thrive Holdings, led by Joshua Kushner, is acquiring home security company ADT in an all-cash deal worth $7.6 billion. The deal, first reported by Bloomberg, would take ADT private and is expected to close in early 2027. ADT CEO Jim DeVries said the partnership would bring new resources to accelerate innovation and improve customer experience.
GoKawiil's interpretation of the reporting above, not reported fact.
Thrive Holdings, founded last year as an offshoot of Kushner's venture capital firm, has been described by TechCrunch as functioning like a private equity firm focused on applying AI to traditional businesses, suggesting ADT could see AI-driven changes to its operations. ADT's existing partnerships with Google and Apple on smart home products may make it an attractive target for a firm aiming to modernize legacy companies with new technology.
- Thrive Holdings is acquiring ADT for $7.6 billion in an all-cash deal, taking it private.
- The deal, expected to close in Q1 2027, is led by Joshua Kushner, brother of Jared Kushner.
- ADT already partners with Google and Apple to sell and install smart home devices.
Google Nest Secure Alarm System — Since ADT already partners with Google to sell and install Nest devices, this is a great way to see that smart-home security integration firsthand. It's a solid DIY option for anyone curious about the same tech ADT technicians are now installing in customers' homes.
See Google Nest Secure Alarm System on Amazon → Affiliate link — we may earn a commission on purchases, at no extra cost to you. Product picked by AI based on this article; it is not a tested recommendation.Source: theverge.com — Emma Roth, 2026-10-29
Published there as: “Joshua Kushner’s Thrive Holdings is acquiring ADT for $7.6 billion”
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