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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 ...

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 ...

ADT Commercial, a leading security integrator and premier provider of commercial security, fire, life safety, and guarding services in the U.S., today launched the redesign, rebrand and user ...

Citi and RBC Capital Markets are acting as financial advisors to ADT on the deal while Cravath, Swaine & Moore LLP is acting as legal advisor Based in Chicago, GTCR was founded in 1980 GTCR has agreed ...

ADT Inc. is divesting its commercial segment to pay off a part of the company's immense long-term debts. The company has achieved growth in revenues and margins, but the debt balance requires the good ...

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

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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 ...

BOCA RATON, Fla., Aug. 08, 2023-- ADT Inc. (NYSE: ADT), the most trusted brand in smart home and small business security, today announced that it has entered into a definitive agreement to sell its ...