BOCA RATON, Fla.—On the heels of reporting its Q2 financial results, ADT made a huge announcement this morning, entering into a definitive agreement to sell its commercial security, fire and life ...

In an industry-shaking move, ADT announced Tuesday it would shed its commercial security, fire and life safety unit to a private equity firm for $1.6 billion, as the company plans to focus on ...

Good morning, Hubsters, Craig McGlashan here with the Tuesday Wire. We’ve got a couple of chunky deals to start things off, with GTCR agreeing to carve out the commercial business unit of safety ...

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 ...

Firm partners with Dan Bresingham, Tim Whall and other ADT Commercial leadership to acquire national provider of electronic security and fire safety services CHICAGO, Aug. 8, 2023 /PRNewswire/ -- GTCR ...

Represents an attractive EV/Commercial Adjusted EBITDA multiple of approximately 11.2X 1 including the estimated allocation of corporate costs. Estimated cash interest savings from debt paydown ...

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 ...