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ADT Priced, NYSE: ADT

Apollo-backed provider of monitored security services for homes and businesses.

Industry: Industrials

First Day Return: -11.5%

Industry: Industrials

We are the leading provider of monitored security, interactive home and business automation and related monitoring services in the United States and Canada. We offer our residential, commercial, and multi-site customers a comprehensive set of burglary, video, access control, fire and smoke alarm, and medical alert solutions. Our core professional monitored security offering is complemented by a broad set of innovative products and services, including interactive home and business automation solutions that are designed to control access, react to movement, and sense carbon monoxide, flooding, and changes in temperature or other environmental conditions, as well as address personal emergencies, such as injuries, medical emergencies, or incapacitation. Through ADT Pulse, customers can use their smart phones, tablets, and laptops to arm and disarm their security systems, adjust lighting or thermostat levels, view real-time video of their premises, and manage smart home products. ADT Pulse also integrates with Amazon Alexa devices. We serve approximately 7.2 million customers. We believe we are approximately five times larger than the next residential competitor, with an approximate 30% market share in the US and Canada.
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ADT (ADT) Performance