ADT is an American security company that provides alarm monitoring services for homes and small businesses. The company was founded in 1874 as American District Telegraph by Edward A. Calahan.
ADT currently serves more than 7.2 million residential and business customers, making it the largest monitoring and service company in the United States and Canada, supported by approximately 18,000 employees and visiting approximately 10,000 homes and businesses daily. ADT handles an average of 15 million alarms annually and provides support to its clients from over 200 sales and service locations and through its 12 monitoring centers listed by Underwriters Laboratories.
- In 2012, ADT became an independent public company.
- In 2016, Apollo Global Management acquired ADT for nearly $7 billion.
- January 19, 2018: Less than two years after being acquired and merged with Protection 1 by Apollo Global Management in a deal that took the company private, ADT is a publicly-traded company once again following the launch of its initial public offering on the New York Stock Exchange.
January 19, 2018 IPO: Although ADT had been looking to raise as much as $2.1 billion by offering 111.1 million shares ranging from $17 to $19 each, the company only offered 105 million shares at a price of $14 each, raising only $1.47 billion in the offering. As of 2023, Apollo still has a majority share in ADT.
ADT, Inc. Chief Executive Officer Timothy J. Whall, joined by members of ADT's senior executive team and board of directors, rings the NYSE Opening Bell.
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