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Start here: how an AI holding company works
A five-minute introduction to buying businesses, changing their workflows with AI, and the execution questions that determine whether the idea works.
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Start here
A five-minute introduction to buying businesses, changing their workflows with AI, and the execution questions that determine whether the idea works.
Thrive Holdings signed a definitive agreement to buy ADT for $10.00 a share in cash, about $7.6B in equity value and $15.3B in enterprise value, with financing committed solely by Apollo-managed funds. Announced, not closed: closing is expected in Q1 2027, subject to ADT shareholder and antitrust approval, and ADT may solicit other bids until Nov 28.
Amex GBT agreement: $9.50/share cash, approximately $6.3bn transaction value.
April 2026 release says ARR exceeded $100m in under two years.