ADT · Categories · M&A
ADT - Mergers and acquisitions
ADT Inc. (ADT) mergers and acquisitions - real-time wire coverage filtered to M&A only.
Recent M&A for ADT
- ADT Reports Fourth Quarter And Full-Year 2021 ResultsFOURTH QUARTER 2021 (variances on a year-over-year basis) Total revenue of $1.4 billion, up 5%End of period recurring monthly revenue ("RMR") of $359 million, up 5%Sequential and year-over-year net subscriber growth; Total subscribers of 6.6 millionCustomer retention with gross customer revenue attrition at 13.1% and revenue payback of 2.3 yearsGAAP net loss of $58 million, or $(0.07) per share and adjusted net loss of $25 million, or adjusted diluted net loss $(0.03) per shareAdjusted EBITDA of $574 million FULL YEAR 2021 (variances on a year-over-year basis) Total revenue of $5.3 billionGross RMR additions grew 16%GAAP net loss of $341 million, or $(0
- Tortoise Properties Acquires Prime Parcel in West Palm BeachPlans for Luxury Apartments, Retail Tortoise Properties, LLC -- a privately held real estate group based in Palm Beach County -- announces it closed on a prime 2+ acre property located in downtown West Palm Beach with site plan approval for a Class A+ mixed-use development featuring 264 luxury apartments and lifestyle retail. The Property is located at 370-375 Eucalyptus, West Palm Beach. The seller was WPB-Resland Interests, L.P. and Susan Thomas and Robert Anderson from Touchstone Webb managed the sale transaction. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211214005970/en/Located at the forefront of the prime 40-acre NORA
- ADT Acquires Tech Startup CellBounceCellBounce 3G-to-4G radio conversion solution certified for use on AT&T network ADT to deploy customer-installable conversion solution for 3G sunset expected to minimize the need for in-person, required upgrades BOCA RATON, Fla., Dec. 10, 2020 (GLOBE NEWSWIRE) -- ADT (NYSE: ADT) has closed its previously announced acquisition of technology company CellBounce following thorough testing of its proprietary 3G-to-4G radio conversion technology, which is now certified for use on AT&T’s 4G cellular network. The user-installable device is expected to reduce the need for technicians to perform the required upgrade in many customer homes before the 3G network sunset. The device also will be m