# Thrive Holdings agrees to take ADT private for $7.6 billion

_Published Thursday, October 29, 2026 at 12:32 PM EDT · Products · Latest · Tier 1 — Major_

![ADT Security — Primary](https://platform.theverge.com/wp-content/uploads/sites/2/2026/10/gettyimages-913777656.jpg?quality=90&strip=all&crop=0%2C10.515821310401%2C100%2C78.968357379198&w=1200)

Thrive Holdings is acquiring ADT in an all-cash deal valued at $7.6 billion, The Verge reported. The transaction will take the home security company private and is expected to close in the first quarter of 2027.

Led by Joshua Kushner, Thrive Holdings buys traditional businesses and applies AI to their workflows. ADT also supplies an installation channel for major technology companies: its partnerships let technicians sell and install Google Nest devices and Apple's new smart home products.

## Sources

- [The Verge](https://www.theverge.com/tech/1022295/joshua-kushner-thrive-holdings-adt-acquisition)

---
Canonical: https://techandbusiness.org/newswire/D4g0CN6WDEhVD8Ew44-wKU
Published: 2026-10-29T16:32:43.511Z
Story chronology: 2026-10-29T16:03:28.000Z
Retrieved: 2026-10-30T20:26:01.199Z
Publisher: Tech & Business (techandbusiness.org)