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

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The deal, which will take ADT private, is expected to close next year.

The deal, which will take ADT private, is expected to close next year.

by

Oct 29, 2026, 4:03 PM UTC

Photo: Smith Collection / Gado / Getty Images

Emma Roth

is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO.

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

Joshua Kushner is the brother of President Donald Trump’s son-in-law, Jared Kushner. Thrive Holdings was founded last year, serving as an offshoot of Joshua Kushner’s venture capital firm Thrive Capital Management.…

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