# Joshua Kushner’s Thrive Holdings is acquiring ADT for $7.6 billion

- URL: https://talkfuse.com/story/joshua-kushners-thrive-holdings-is-acquiring-adt-for-7-6-billion/
- Published: 2026-10-29T16:03:28+00:00
- Updated: 2026-10-29T16:53:28+00:00
- Original publisher: The Verge
- Original article: https://www.theverge.com/tech/1022295/joshua-kushner-thrive-holdings-adt-acquisition
- Topics: Art, Culture, Government, Politics

## Key points

- Thrive Holdings is buying ADT for $7.6 billion.
- The all-cash deal is expected to close in early 2027.
- Thrive Holdings aims to apply AI across established businesses.

## Summary

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

Founded last year as an offshoot of Kushner’s venture capital firm, Thrive Holdings buys established businesses and applies AI to their operations. ADT runs its own security service and has partnerships that let technicians sell and install Google Nest devices and Apple smart home products. ADT chief executive Jim DeVries said the acquisition could support innovation and improve customer experience.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.