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Dubai News Club > Tech > Joshua Kushner’s Thrive Holdings is acquiring ADT for $7.6 billion
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Joshua Kushner’s Thrive Holdings is acquiring ADT for $7.6 billion

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Last updated: 2026/10/29
Press Room
Published: October 29, 2026
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Joshua Kushner is the brother of President Donald Trump’s son-in-law, Jared Kushner. Thrive Holdings was founded last year, serving as an offshoot of Joshua Kushner’s venture capital firm Thrive Capital Management. TechCrunch likens Thrive Holdings to a “private equity firm for AI,” as it purchases “traditional” businesses, like accounting and IT services, and applies AI to their workflows.

“With Thrive Holdings’ long-term capital and technology expertise, ADT will gain new…

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