ADT Inc. filed soliciting material on October 29, 2026, disclosing a definitive agreement for the company to be taken private by Thrive Holdings, with the transaction expected to close in the first quarter of 2027.

Key Highlights

  • Go-private agreement: ADT has entered into a definitive agreement to be acquired by Thrive Holdings, after which ADT's stock will no longer trade publicly, according to the filing.
  • Expected closing timeline: The transaction is expected to close in the first quarter of 2027, subject to customary closing conditions.
  • Required approvals: Closing conditions include approval by ADT's stockholders and receipt of U.S. antitrust approval, the filing states.
  • Thrive Holdings description: The filing describes Thrive Holdings as "a holding company focused on investing in established businesses for the long term and advancing their capabilities through technology."
  • Operations continue unchanged: ADT stated it will continue to operate independently as a public company until the transaction closes, with no changes to employee day-to-day responsibilities.
  • CEO communication: The filing consists of an employee email sent by Jim DeVries, Chairman, President and CEO of ADT Inc., on October 29, 2026.

ADT's Definitive Agreement to Be Taken Private by Thrive Holdings

ADT Inc. (NYSE:ADT) filed soliciting material under Rule 14a-12 on October 29, 2026, disclosing that the company has entered into a definitive agreement to be taken private by Thrive Holdings. The disclosure takes the form of an internal employee email from Jim DeVries, Chairman, President and CEO, sent on the same date as the filing. According to the filing, ADT's stock will no longer trade publicly once the transaction is completed.

The filing describes Thrive Holdings as "a holding company focused on investing in established businesses for the long term and advancing their capabilities through technology." DeVries wrote that as "a private company backed by a long-term owner, ADT will have additional flexibility to enable accelerated growth by investing in our people, products and capabilities." The email also references ADT's history, noting "for more than 150 years, ADT has earned the deep trust of our customers by protecting what matters most."

The transaction is expected to close in the first quarter of 2027, subject to the satisfaction of customary closing conditions, which the filing specifies include approval by ADT's stockholders and receipt of U.S. antitrust approval. Until closing, the company stated it will continue to operate independently as a public company. The filing notes that ADT intends to file relevant materials with the SEC in connection with the proposed transaction, including a proxy statement in preliminary and definitive form. The filing contains forward-looking statements that are the company's own and are subject to the cautionary language included in the filing.

What Was Disclosed

ADT Inc. filed soliciting material disclosing a definitive go-private agreement with Thrive Holdings, communicated to employees via a CEO email on October 29, 2026. The deal requires stockholder and U.S. antitrust approval and is expected to close in the first quarter of 2027.