ADT to acquire residential rooftop solar contractor Sunpro Solar for $825m

ADT to acquire residential rooftop solar contractor Sunpro Solar for $825m

ADT, a Florida-based provider of smart home and small business security services, has agreed to acquire Sunpro Solar, a residential rooftop solar contractor, for approximately $825 million. The consideration will be made partly in cash of $160 million and around 77.8 million shares of ADT. Post-acquisition, Sunpro Solar will be rebranded as ADT Solar. The […]