ADT Security Services
PE-OwnedApollo Global Management acquired ADT Security Services from Tyco International for $6.9B in 2012, taking it private. Apollo took ADT public in 2018 at an $11B valuation, having loaded it with $10B+ in debt. Customers and employees report high-pressure sales tactics and difficult contract cancellation processes.
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Ownership Information
ADT Security Services is owned by Apollo Global Management. Private equity ownership often leads to cost-cutting, price increases, and reduced quality of service as firms prioritize returns for investors over customers and employees.Learn more about PE ownership impact →
Timeline
1874
ADT Security Services founded
2012
Acquired by Apollo Global Management for $6.9B
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