ADT acquired Red Hawk Fire & Security (Fire & Security Holdings, LLC) for Approximately $318 million total consideration (including ~$16 million of assumed finance/capital lease liabilities); ~$301 million cash paid, net of cash acquired, a transaction completed in December 2018, structured as all cash (funded from a combination of debt financing and cash on hand).
Red Hawk Fire & Security (Fire & Security Holdings, LLC) operates in Commercial, is based in United States. Red Hawk Fire & Security, held through Fire & Security Holdings, LLC, was a leader in commercial fire, life safety, and security services. ADT acquired all of its issued and outstanding capital stock on December 3, 2018 to significantly expand its commercial fire and security capabilities, reach, and customer base. ADT later divested its commercial business (into which Red Hawk had been integrated) to GTCR LLC in October 2023.
The acquisition accelerated ADT's growth in the commercial security market and expanded its product portfolio with the introduction of commercial fire-safety related solutions.
Established commercial fire, life-safety and security customer base and capabilities that expanded ADT's reach beyond residential and small-business monitoring. Expanded commercial fire and security capabilities, reach, and customer base; introduced commercial fire-safety solutions to ADT's portfolio. Integrated into ADT's commercial security operations.
On December 3, 2018, the Company acquired all of the issued and outstanding capital stock of Fire & Security Holdings, LLC ('Red Hawk Fire & Security'), a leader in commercial fire, life safety, and security services, for total consideration of approximately $318 million, which includes the assumption of capital lease obligations of $16 million, and cash paid of approximately $301 million, net of cash acquired.ADT Inc. FY2018 Form 10-K, Acquisitions note
Advisory firms were not disclosed for this transaction.