BOCA RATON, Fla., Oct. 02, 2023 (GLOBE NEWSWIRE) -- ADT Inc. (ADT) (NYSE: ADT), the most trusted brand in smart home and small business security, today completed the previously announced divestiture ...
CHICAGO, Oct. 2, 2023 /PRNewswire/ -- GTCR, a leading private equity firm, announced today that it has closed the acquisition of ADT's commercial security, fire and life safety security business (the ...
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 ...
In August 2023, ADT shocked the security industry by announcing it would shed its commercial division and concentrate on the residential and smart home markets. It marked a new beginning for the ...
(Reuters) - Home and small business security firm ADT said on Tuesday it will sell its commercial security, fire and life safety unit to private equity firm GTCR for $1.6 billion. ADT expects to use ...
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 ...
LAS VEGAS, Jan. 05, 2023 (GLOBE NEWSWIRE) -- ADT (NYSE: ADT) introduced new innovations in safety for home, mobile and commercial applications at CES 2023 that showcase how the company connects and ...
BOCA RATON, Fla. — ADT President and CEO Jim DeVries recommitted to the company’s decision to bow out of its solar business and go all in on its security and smart home during a recent webcast to ...
BOCA RATON, Fla. — Tyco Int’l will split its ADT North America residential security business, commercial fire and security division, and flow control unit into stand-alone, publicly traded entities ...
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