Thrive Holdings has agreed to acquire ADT in a $15.3 billion transaction, according to a LinkedIn post dated November 12, 2026.
The post states that ADT will form the foundation of an OpenAI-backed smart home security business under the deal. It describes Thrive Holdings as a private equity firm whose mission is to hold companies long-term and revitalize them with AI.
The source does not name advisers, set out a financing structure, or give a closing date. The transaction is an agreement to acquire, not a completed acquisition.