The transaction supports ADT’s journey to be the premier provider of smart home and residential solar solutions by leveraging our strategic differentiators: innovative offerings, unrivaled safety and ...

DALLAS – Security Systems News (SSN) spoke with ADT Commercial President Dan Bresingham at GSX about its sale to private equity firm GTCR and what comes next for them. This interview has been edited ...

BOCA RATON, Fla. – ADT is reporting a significant improvement to its balance sheet in its third fiscal quarter, thanks to the divestiture of its former commercial division, as well as strong retention ...

BOCA RATON, Fla., Oct. 02, 2023 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE: ADT), the most trusted brand in smart home and small business security, today completed the previously announced divestiture of its ...

Industry observers say the transaction reflects a disciplined, long-planned exit strategy by Apollo Global Management, not a reaction to performance or competitive pressures ...

ADT Inc. becomes a more attractive investment following Apollo's complete exit and significant share repurchases. Read more ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The deal with a private equity ...

ADT today announced it will be exiting its residential solar business. The company will remain focused on cash flow generation and capital-efficient growth within its core security and smart home ...

Aug 8 (Reuters) - Home and small business security firm ADT (ADT.N), opens new tab said on Tuesday it will sell its commercial security, fire and life safety unit to private equity firm GTCR for $1.6 ...

ADT will expand into the midsize commercial security marketplace, effective today, following the expiration of a non-compete agreement with Tyco Integrated Security (TycoIS). ADT and TycoIS split into ...

Entirety of net proceeds used for debt paydown, resulting in post-divestiture leverage multiples closer to ADT’s stated goal of sub-3.0x net debt / Adjusted EBITDA ADT strengthens focus on innovation ...

News provided by ADT Inc. Aug 08, 2023, 6:55 AM ET Transaction unlocks substantial shareholder value with sale at significantly accretive multiples Entirety of net proceeds used for debt paydown, ...