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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 ...
BOCA RATON, Fla. – ADT is reporting a significant improvement to its balance sheet in its third fiscal quarter, thanks to the divestiture of its former commercial division, as well as strong retention ...
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 ...
Everon is a commercial security, fire, and life safety service provider Dan Bresingham will become Everon’s CEO and Tim Whall will serve as an active director on its board GTCR is a Chicago-based ...
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BOCA RATON, Fla., Oct. 02, 2023 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE: ADT), the most trusted brand in smart home and small business security, today completed the previously announced divestiture of its ...
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 ...
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