Thrive Holdings has agreed to acquire home security company ADT in an all-cash transaction, taking ADT private and positioning the business for future technology updates. The deal is reported as one of the largest acquisitions tied to Joshua Kushner’s venture network, with timelines placing completion in the first quarter of 2027.
Several outlets link the acquisition to an AI-focused push for home security. TechCrunch describes Thrive as backed by OpenAI and says the plan is to bring AI to the home security business. Bloomberg and The Verge focus more on the business terms and the scale of the bet by Thrive’s offshoot and leadership.
Across coverage, there is also attention to corporate context around Thrive Holdings. The Verge additionally notes Joshua Kushner’s family connections to the Trump administration through Jared Kushner. The overall picture is that Thrive is buying ADT for cash and expects to close in 2027, while the sources differ primarily on emphasis—deal value framing, leadership context, and AI implementation details.