Thrive Is Buying ADT for $7.6B—What Does the Deal Actually See?
Joshua Kushner’s Thrive Holdings is buying ADT for $7.6 billion — and taking the home-security giant private.
Let’s unpack what that actually means, because “going private” is one of those phrases that gets thrown around like everyone’s supposed to nod along. 👀
**What actually happened**
On October 29, 2026, it was announced that Thrive Holdings — led by Joshua Kushner, the venture investor behind Thrive Capital — is acquiring ADT in a deal valued at $7.6 billion. ADT is the company best known for home security: alarm