[KongchangAI]
Company

Thrive Holdings

Thrive Holdings is a company focused on artificial intelligence and technology solutions, with primary business activities encompassing the development of intelligent systems and services for specialized domains such as taxation and finance. The company applies AI technology to complex professional scenarios, providing clients with data-driven decision support and process automation capabilities, and collaborates with technology companies to advance digital transformation in relevant fields.

Timeline (last 90 days)

Oct 29

Thrive Holdings will acquire ADT in an all-cash transaction valued at $7.6 billion, taking it private.

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Oct 29

The transaction is expected to close in the first quarter of 2027.

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Oct 29

Thrive Holdings is led by Joshua Kushner.

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Oct 29

During the transaction, steps such as regulatory approval and shareholder voting are required.

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All Facts (4)

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