Joshua Kushner’s Thrive Holdings to Acquire ADT in $7.6 Billion All-Cash Deal

Joshua Kushner’s Thrive Holdings is set to acquire home security giant ADT in an all-cash transaction valued at $7.6 billion. The deal, which will take ADT private, is expected to close in the first quarter of 2027. Joshua Kushner, brother of Jared Kushner—former President Donald Trump’s son-in-law—founded Thrive Holdings last year. ADT, a leading provider of security and smart home solutions, serves millions of residential and commercial customers across the United States. The acquisition marks a significant move in the security industry, with Thrive Holdings aiming to accelerate ADT’s growth and innovation. For investors and customers, the deal signals a new chapter for ADT under private ownership, potentially leading to expanded services and strategic investments. The transaction is subject to customary closing conditions and regulatory approvals. As the security market evolves, this acquisition could reshape competitive dynamics and drive further consolidation in the sector.