# OpenAI-backed Thrive Holdings acquires ADT

> **Publication**: aitalky (Independent AI Journalism)
> **Canonical Citation URL**: https://aitalky.vercel.app/news/openai-backed-thrive-holdings-acquires-adt
> **Original Source**: [TechCrunch AI](https://techcrunch.com/2026/10/29/openai-backed-thrive-holdings-acquires-adt/)
> **Author**: Julie Bort (undefined)
> **Published Date**: Thursday, October 29, 2026
> **Category**: INDUSTRY
> **Tags**: AI, TechCrunch AI, industry

## Executive Summary
OpenAI-backed Thrive Holdings is buying ADT in a $15.3 billion deal, with plans to bring AI to the home security business



## Full Coverage
Thrive Holdings has acquired physical security company ADT for $10 per share or about $7.6 billion in equity, the companies announced on Thursday. Beyond equity, the total enterprise value of the deal is $15.3 billion, ADT said

Thrive Holdings is the holding company spinout from Josh Kushner's powerhouse VC firm Thrive Capital. It also counts OpenAI as its partner , as well as an investor. The firm's mission is to hold other companies long-term, revitalizing them with AI. Currently, Thrive Holdings holds over 75 companies, it says

---
*Generated for AI agents and LLM citation by aitalky (https://aitalky.vercel.app).*