Adt completes sale of commercial business

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 commercial security, fire, and life safety business unit to gtcr, a leading private equity firm, for a purchase price of $1.6 billion, subject to customary purchase price adjustments.
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