ADT Inc.

ADT Inc.
FormerlyThe ADT Corporation
Company typePublic
Industry
FoundedAugust 14, 1874; 150 years ago (1874-08-14) (as American District Telegraph)[1]
HeadquartersBoca Raton, Florida, U.S.
Key people
  • Jim DeVries (Chairman and CEO)
  • Donald Young (COO)
ServicesSecurity Services
RevenueDecrease US$4.98 billion (2023)
Increase US$510 million (2023)
Increase US$463 million (2023)
Total assetsDecrease US$16.0 billion (2023)
Total equityIncrease US$3.79 billion (2023)
Owners
Number of employees
c. 14,300 (2023)
ParentTyco International (1997–2012)
Websiteadt.com
Footnotes / references
[3][4]

ADT Inc., formerly The ADT Corporation, is an American security company that provides residential and small business electronic security, fire protection, and other related alarm monitoring services throughout the United States. The corporate head office is located in Boca Raton, Florida.[5] In February 2016, the company was acquired by Apollo Global Management for $6.9 billion in a leveraged buyout.[6] In January 2018, the company went public on the New York Stock Exchange.[7]

  1. ^ "ADT celebrates its 150th Birthday in Baltimore!". WMAR 2 News Baltimore. August 14, 2023. Retrieved December 12, 2023.
  2. ^ https://www.wsj.com/articles/adt-draws-more-than-1-5-billion-of-new-investments-from-state-farm-google-11662463800
  3. ^ "2023 Annual Report". U.S. Securities and Exchange Commission. February 28, 2024.
  4. ^ "2024 Proxy Statement". U.S. Securities and Exchange Commission. March 28, 2024.
  5. ^ "Company Profile for ADT Corp". Bloomberg. Retrieved March 6, 2014.
  6. ^ "ADT in $6.9 Billion Deal to Sell Itself to Apollo Buyout Firm". The New York Times. February 2, 2016. Retrieved February 19, 2016.
  7. ^ Franklin, Joshua (January 18, 2018). "Apollo-owned security firm ADT's IPO prices below target". Reuters. Retrieved April 12, 2023.