Thrive Holdings

Thrive Holdings is a permanent-capital holding company that acquires established businesses and combines their industry expertise with engineering and operational capabilities to develop proprietary technology. It focuses on sectors where technology can improve employee workflows and customer services, initially operating in accounting and IT services. Its teams work with industry specialists to build and deploy proprietary technology, including domain-specific AI models, within the businesses it owns. The company takes a long-term ownership and reinvestment approach. Its portfolio includes Current in accounting and Shield in IT services, and it has agreed to acquire ADT as the foundation of a smart-home security business, subject to closing conditions.