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ADT Inc. announces $100M incremental term loan and annual meeting results
Borrowed $100M incremental first lien term A loans from Fifth Third Bank for general corporate purposes
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Apollo sells all 102M ADT shares; ADT repurchases 29.1M shares in $1.5B plan
Apollo sold 102,000,366 shares of ADT common stock in an underwritten offering that closed May 5, 2026.
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ADT Q1 GAAP EPS $0.20 (+25% YoY); Adjusted FCF $414M (+83%); declares $0.055 dividend
GAAP income from continuing ops $169M ($0.20/shr), up 19%; adjusted EPS $0.23, up 10%.
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ADT reports unauthorized cloud access; limited customer data accessed, no material impact expected
Discovered unauthorized access to cloud environments on April 20, 2026.
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ADT reports FY2025 adj EPS +19% to $0.89, launches $1.5B share repurchase plan
Full-year revenue $5.1B (+5%); GAAP EPS $0.68 (+3%); adjusted EPS $0.89 (+19%).
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ADT acquires Origin AI for $170M cash; inks $30M+ Verisure agreement
Acquired Origin AI (Wi-Fi sensing) for $170M cash, subject to purchase price adjustments.
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ADT Q3 2025 revenue $1.3B (+4% YoY), adj. EPS $0.23, guides FY adj. EPS $0.85-$0.89
Total revenue $1.298B (+4% YoY); monitoring & related services revenue $1.098B (+2%).
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ADT Inc. enters into two credit agreements, borrows $625M, redeems $1.3B of 6.25% second-lien notes
On Oct 24, 2025, ADT subsidiaries incurred $300M incremental first lien term B-2 loans under a credit agreement amendment with Barclays as administrative agent.
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ADT subsidiary issues $1B 5.875% senior secured notes due 2033 to refinance debt
Issued $1.0B aggregate principal of 5.875% first-priority senior secured notes due 2033.
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ADT subsidiary to issue $1B senior secured notes, redeem $1.3B 6.250% notes due 2028
Offering $1.0B first-priority senior secured notes due 2033 via Rule 144A/Reg S.
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ADT prices $1.0B 5.875% senior secured notes due 2033 to refinance $1.3B 6.250% notes due 2028
The ADT Security Corporation priced $1.0 billion of 5.875% first-priority senior secured notes due 2033.
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ADT announces plan to refinance $1.3B second-lien notes with new term loan and additional first-lien debt
Marketing $300M incremental first lien term loan B-2 facility expected to mature in 2032.
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ADT sells multifamily business to Everon for $55M cash; ~200,000 customer units
Transaction includes ~200,000 multifamily customer units generating ~$2.6M monthly recurring revenue.
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ADT closes $550M debt refinancing, Apollo affiliates sell 71M shares; company repurchases 11.2M shares
Incurred $550M incremental term B-2 loans to redeem $550M of 5.750% senior secured notes due 2026.
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ADT Q2 2025: revenue +7% to $1.29B, adj. EPS $0.23, raises cash return guidance
GAAP income from continuing ops $168M ($0.19 EPS); adjusted income $191M ($0.23 EPS), up 23% YoY.
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ADT director Marques Coleman retires from board effective May 31, 2025
Marques Coleman, an Apollo designee, retired from ADT's Board as Class II director on May 31, 2025.
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ADT shareholders approve declassification, special meeting right, and elect directors
Elected Marques Coleman, Paul J. Smith, Matthew E. Winter, and Suzanne Yoon as Class II directors each with >630M votes for.
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ADT Q1 2025 revenue up 7% to $1.27B; adjusted EPS $0.21 beats prior year; reiterates 2025 guidance
GAAP income from continuing ops $142M ($0.16 diluted EPS) vs $164M ($0.17) prior year; adjusted income $186M ($0.21), up 11% YoY.
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ADT extends receivables financing facility to March 2026; amends advance rates and hedge rates
Seventh Amendment extends termination date of Receivables Financing Agreement from March 27, 2025 to March 27, 2026.
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ADT appoints Fawad Ahmad as COO/Customer Officer; Omar Khan as Chief Business Officer
Ahmad named EVP and Chief Operating and Customer Officer, effective April 14, 2025; COO Donald Young to retire June 6, 2025.
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COO Donald Young to retire June 6, 2025; will remain as special advisor
Donald Young steps down as EVP & COO effective June 6, 2025, transitioning to special advisor on hourly pay.
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ADT subsidiary issues $600M term B-2 loans, redeems $500M of 2026 notes
$600M incremental term B-2 loans at SOFR+1.75% (or base+0.75%), maturity March 7, 2032.
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Apollo affiliates sell 70M ADT shares; ADT repurchases 20M shares concurrently
Selling Stockholders (Apollo entities) sold 70M shares of ADT common stock in underwritten offering; over-allotment option for additional 10.5M shares.
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Two Apollo-designated directors retire from ADT Board as controlled company status ends
William M. Lewis, Jr. (Class II) and Lee J. Solomon (Class I) retired from ADT Board on Feb 28, 2025.
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ADT Q4 revenue +8%, FY GAAP EPS +40%, $500M buyback authorized
Q4 revenue $1,260M (+8%), FY $4,898M (+5%); GAAP EPS $0.21 (Q4), $0.66 (FY), up 91%/40%.
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ADT appoints Thomas Gartland, CEO of Montway Auto Transport, to board
Thomas Gartland appointed as Class III independent director effective Jan 21, 2025; term expires at 2025 annual meeting.
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ADT repurchases 15M shares for $104.2M, leaving $5M under buyback plan
Agreed to repurchase 15 million shares at $6.945 per share, aggregate price $104,175,000.
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Board member Stephanie Drescher retires; EVP Wayne Thorsen resigns as Chief Business Officer
Stephanie Drescher, a Class III director and Apollo designee, retired from ADT's Board on Dec 4, 2024.
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ADT Inc. subsidiary reprices $1.984B term B-1 facility at SOFR+2.00%
Refinanced $1,984.1M existing Term B-1 facility with repriced Term B-1 loans of the same principal amount.
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Apollo entities sell 56M ADT shares in secondary offering; ADT repurchases 16M shares
Apollo Global Management affiliates sold 56M shares of ADT common stock, with underwriter option for up to 8.4M additional shares.
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ADT Q3 revenue up 5% to $1.24B; adjusted EBITDA $659M; tightens FY guidance
GAAP EPS $0.14, adjusted EPS $0.20; income from continuing ops up 7% to $132M.
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ADT reports network intrusion via compromised third-party credentials; employee data exfiltrated
Unauthorized actor accessed ADT network using compromised credentials from a third-party business partner.
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ADT subsidiary extends revolver maturity to 2029, adds $225M in commitments
Amended first lien revolver: total commitments increased to $800M ($575M extended + $225M incremental).
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ADT appoints Suzanne Yoon to Board of Directors as independent director
Board size increased from 14 to 15; Yoon appointed as Class II director until 2025 annual meeting.
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ADT reports data breach; attackers accessed customer order info
Unauthorized actors accessed databases containing customer order information; investigation ongoing with third-party experts.
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ADT Q2 revenue up 3% to $1.2B; Adj EPS flat at $0.17; reaffirms full-year guidance
Revenue $1.205B (+3% YoY); GAAP net income $126M ($0.13/sh) down from $180M on legal reserves and credit losses.
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ADT expands board to 14, appoints two new independent directors
Board increased from 12 to 14 members; Houston and Tiedt appointed effective June 14, 2024.
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ADT annual meeting: directors elected, say-on-pay approved, incentive plan amended, PwC ratified
James D. DeVries, Tracey R. Griffin, Benjamin Honig, Lee J. Solomon elected Class I directors; each received >649M votes for.
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ADT refinances $474M Term A loans with new Term B-1 loans under amended credit agreement
Incurred $474.3M incremental senior secured term B-1 loans to refinance existing term A loans in full.
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ADT exchanges $143.2M of Term A loans for incremental Term B-1 loans
On May 15, 2024, ADT subsidiaries exchanged $143.2M of Term A loans for $143.2M of incremental Term B-1 loans.
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ADT Q1 2024: CSB revenue +5%, Adj EPS $0.16, reaffirms FY guidance
GAAP income from cont ops $92M ($0.10/dil) vs loss $127M ($0.14 loss) in prior year.
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ADT appoints Jeff Likosar as permanent CFO, effective April 18, 2024
Likosar previously served as ADT CFO from 2017 to 2022 and as interim CFO since December 2023.
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ADT reprices $1.37B term loan, reducing SOFR margin to 2.25% per annum with no other changes
Refinanced existing $1,371.6M term B-1 facility with repriced $1,371.6M facility at SOFR + 2.25% or base rate + 1.25%.
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ADT amends receivables facility: size increased to $550M, term to April 2025
Facility capacity raised from $500M to $550M uncommitted.
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ADT completes secondary offering of 65M shares by Apollo affiliates; repurchases 15M shares
Apollo-managed entities sold 65M shares (plus up to 9.75M overallotment) of ADT common stock.
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ADT updates solar exit costs: $70M-$110M in additional charges; cash spending $50M-$70M
Total additional aggregate charges estimated at $70M-$110M (employee separation $7M-$10M, asset impairments $16M-$20M, contract termination $6M-$10M, inventory $15M-$22M, other $26M-$48M).
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ADT Q4 adj EPS $0.25, CSB rev +5%; raises dividend 57%, guides 2024 adj EBITDA $2.53-2.63B
Q4 adjusted income from continuing ops $226M ($0.25 diluted EPS) vs $77M ($0.08) a year ago; GAAP income $85M.
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ADT exits residential solar business, raises dividend 57%, authorizes $350M buyback
Board approved full exit from solar business; solar segment had $89M Adjusted EBITDA loss in first 9 months of 2023.
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ADT CFO Ken Porpora steps down Dec 29; Jeff Likosar named interim CFO
Kenneth J. Porpora resigns as EVP and CFO effective Dec 29, 2023 to become CEO of a privately held HVAC and plumbing firm.
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ADT Q3 continuing ops loss $21M; CSB RMR record $350M; solar restructured; commercial sale closed
GAAP loss from continuing ops $21M ($0.02/diluted share) vs loss $169M YoY; adjusted EPS $0.08 vs $0.09.