EL7.AI
Mergers & AcquisitionsMedium•29 October 2026•
3 min read

ADT shares jump 34% after cash takeover deal values company at $15.3 billion

Key Facts

1ADT shares rose about 34% on Thursday, October 29, 2026, to their highest level since December 2022.
2The agreement offers $10.00 in cash per share, a 45.6% premium to the $6.87 close on October 27, 2026.
3The deal values equity at about $7.6 billion and enterprise value at about $15.3 billion.
4The offer premium is 52.1% against the volume-weighted average price over the 30 days ended October 27, 2026.
5The deal is expected to close in the first quarter of 2027, following shareholder and U.S. antitrust approvals.

ADT has signed a definitive agreement under which Thrive Holdings will acquire the home security systems and smart home solutions provider in an all-cash deal, Reuters reported, citing Investing.com. The agreement provides for a cash payment of $10 for each ADT share at closing. ADT’s board unanimously approved the agreement, but signing it does not mean the acquisition is complete. The deal remains subject to approval by the company’s shareholders and U.S. antitrust approval. It is expected to close in the first quarter of 2027, making the approval process a key milestone before ownership changes hands.

The all-cash offer is set at $10 per share, a 45.6% premium to ADT’s closing price of $6.87 on October 27, 2026, the last trading day before the deal was announced. The premium is 52.1% compared with the volume-weighted average share price over the 30 days ended on that date. The two comparisons offer different measures of the bid’s value: one measures it against a single day’s close, while the other compares it with a month of trading. The agreement values the company’s equity at about $7.6 billion. Enterprise value is about $15.3 billion, according to figures Investing.com reported, citing Reuters.

The announcement quickly lifted the stock, with ADT shares rising about 34% on Thursday, October 29, 2026. Investing.com said the shares climbed to their highest level since December 2022. The move coincided with the announcement of the agreement, which sets cash consideration at $10 per share. That compares with a pre-announcement close of $6.87, according to the comparison reported by Reuters. The available source did not provide a specific intraday share price in these figures.

After the acquisition closes, ADT will serve as the foundation of Thrive Holdings’ smart home security business, according to the company’s description reported by Investing.com. Thrive says it is a permanent-capital holding company that owns and operates more than 75 companies. Those businesses operate in accounting, IT services and the built environment. The company said ADT would form the basis of its smart home security business after closing. This links the deal to Thrive’s existing portfolio, while ADT’s transition into that structure remains contingent on completion of the acquisition.

The deal’s background also includes Apollo Global Management’s role in financing its obligations through funds managed by Apollo affiliates. Apollo took ADT public in an initial public offering in 2018, at $14 per share. It then sold its remaining stake in the company in May 2026, according to information reported by Investing.com. In the near-term schedule, ADT is set to report third-quarter results on November 3, 2026, according to the evidence brief. The deal is still expected to close in the first quarter of 2027, subject to shareholder and U.S. antitrust approvals, and the agreement does not include a financing condition.