ADT, Origin AI and Verisure Sign Long-Term Commercial Agreement to Scale AI-Driven Security

“This five-year commercial agreement reflects the value and global scalability of our AI sensing platform,” said Omar Khan, Executive Vice President and Chief Business Officer of ADT.   “Partnering ...
Seeking Alpha

GTCR Completes Acquisition of ADT's Commercial Fire and Security Segment

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 ...
Seeking Alpha

GTCR Partners with Former GTCR Executives to Acquire ADT's Commercial Fire and Security Segment

Firm partners with Dan Bresingham, Tim Whall and other ADT Commercial leadership to acquire national provider of electronic security and fire safety services Headquartered in Irving, TX, ADTC is a ...
Reuters

Security firm ADT's commercial unit to be taken private by GTCR for $1.6 billion

(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 ...
Security Systems News

Commercial and Solar in rear view as ADT pivots hard to smart home

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 ...
Oklahoma's News

ADT Debuts New Home, Mobile and Commercial Safety Innovations at CES 2023

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 ...