Apollo exits ADT after nearly a decade-long investment

What's the deal? Apollo Global Management has fully sold its stake in ADT, the home security giant, ending an investment that spanned close to a decade. The private equity firm, which first acquired ADT in 2016, has now divested all remaining shares in the company.

Why now? Apollo's exit follows the typical private equity playbook of acquiring a company, restructuring or growing it, and then gradually selling off its stake over several years. The firm had already been reducing its position in ADT incrementally, and this final sale marks the conclusion of that wind-down process.

The signal: Apollo's full exit from ADT reflects a broader trend of private equity firms cycling out of legacy security and home services businesses. The home security market has evolved significantly since Apollo first bought ADT — with smart home technology, DIY security systems, and new competitors reshaping the landscape. Apollo's departure suggests it believes it has captured the value it set out to extract, leaving ADT to navigate the next chapter on its own.

Read more: securityinfowatch.com