Nov 3, 8:18 AM ET
ADT reported third-quarter 2026 revenue of $1.3 billion, up 4%, and GAAP diluted EPS from continuing operations of $0.20, up from $0.17, while adjusted EPS rose 4% to $0.24. The company also agreed on October 29, 2026 to be acquired by Thrive Holdings for $10.00 per share in cash, so shareholders would be paid cash and the stock would stop trading on the NYSE, and the company withdrew its previously issued guidance.
- Q3 2026 total revenue was $1,349 million, up 4% from $1,298 million; adjusted income from continuing operations fell $11 million to $176 million.
- Net cash provided by operating activities was $440 million, down $40 million from the prior-year quarter.
- Stockholders will receive $10.00 per share in cash; the deal is expected to close in the first quarter of 2027, subject to stockholder and U.S. antitrust approval.
- The company is not providing financial guidance and has withdrawn previously issued guidance.
Read the filing on SEC.gov ↗
Oct 29, 4:57 PM ET
ADT Inc. agreed on October 29, 2026 to merge with Abode Parent, LLC, and its subsidiary Abode Merger Sub, Inc., in a deal where each common and Class B share would be converted into $10.00 in cash. The merger requires stockholder approval and other customary conditions, and the company's board unanimously approved the agreement. Shareholders would receive cash for their shares if the deal closes, and the agreement includes a 'go-shop' period that allows ADT to seek rival offers until November 29, 2026.
- Merger consideration is $10.00 per share in cash for Common Stock and Class B Common Stock, without interest.
- Go-shop period runs until November 29, 2026, with an extension to December 8, 2026 for certain excluded parties.
- ADT would pay a termination fee of $227 million, or $114 million if it switches to a superior proposal during the go-shop period or extension; Parent would pay ADT a $473 million termination fee in certain cases.
- Either party may terminate if the merger is not completed by July 29, 2027; Apollo Funds provided equity, preferred equity and debt financing commitments.
Read the filing on SEC.gov ↗
Oct 29, 9:23 AM ET
ADT Inc. agreed to be acquired by Thrive Holdings in an all-cash deal valued at approximately $7.6 billion in equity and $15.3 billion in enterprise value. The $10.00 per share price is a 45.6% premium to the unaffected closing price of $6.87 on October 27, 2026, and ADT will become privately held with its stock ceasing to trade on the New York Stock Exchange upon completion.
- Stockholders will receive $10.00 per share in cash, a 45.6% premium to the $6.87 unaffected close on October 27, 2026.
- The deal values ADT at about $7.6 billion in equity value and $15.3 billion in enterprise value.
- Financing commitments come solely from funds managed by affiliates of Apollo Global Management, and the deal is not subject to a financing condition.
- The transaction is expected to close in the first quarter of 2027, subject to stockholder and U.S. antitrust approval; a go-shop period runs until 11:59 p.m. New York time on November 28, 2026.
Read the filing on SEC.gov ↗
Aug 31, 4:24 PM ET
ADT Inc.'s subsidiaries borrowed $100 million of incremental first lien senior secured term A loans on August 28, 2026, under an amendment to their existing term loan credit agreement. Total term A loans outstanding rise to $520,312,500, and the company says the proceeds will fund general corporate purposes.
- Incremental term A loans of $100,000,000 incurred on August 28, 2026, under Incremental Assumption and Amendment Agreement No. 2
- Total first lien senior secured term A loans outstanding are $520,312,500 after the borrowing
- Proceeds will be used for general corporate purposes; the borrowers' obligations under the existing agreement are unchanged
- Fifth Third Bank, National Association, is administrative agent
Read the filing on SEC.gov ↗
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