TechPolitics
Joshua Kushner’s Thrive Holdings is acquiring ADT for $7.6 billion
Publication: The Verge
Author: Emma Roth
Source published: 29/10/2026, 16:03:28 UTC
Briefing created: 29/10/2026, 17:14:42 UTC
Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 29/10/2026, 16:16:25 UTC.
Briefings
Thrive Holdings, founded by Joshua Kushner, is acquiring ADT for $7.6 billion in an all-cash deal expected to close in Q1 2027. Kushner, brother of Jared Kushner, leads the venture capital firm Thrive Capital Management, which acquired ADT last year. The acquisition will privatize ADT and integrate its AI-driven workflows, though the specific integration timeline remains unconfirmed.
Key points
- Thrive Holdings is acquiring ADT for $7.6 billion in an all-cash deal.
- The acquisition is expected to close in the first quarter of 2027.
Context
Thrive Holdings is an offshoot of Joshua Kushner's Thrive Capital Management, which acquired ADT last year. Kushner is the brother of Jared Kushner, and Thrive Holdings is described as a private equity firm for AI that purchases traditional businesses and applies AI to their workflows.
Limitations
The evidence does not specify the exact integration timeline for AI workflows, nor does it confirm the specific date ADT will be privatized beyond the expected Q1 2027 closing.
Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 29/10/2026, 17:14:42 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.
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