SCHEDULE 13G/A: Apollo Affiliates Maintain Significant Stake in ADT Inc., Disclosing 35.6% Beneficial Ownership

Multiple entities affiliated with Apollo Management Holdings GP, LLC have filed an amended Schedule 13G, reaffirming their collective beneficial ownership of 35.6% of ADT Inc.'s common stock as of March 31, 2025.

Summary

• The filing is an Amendment No. 8 to a Schedule 13G, indicating an update to previously reported beneficial ownership.
• A group of twelve reporting persons, primarily affiliated with Apollo Management, L.P. and its related entities, collectively hold a significant stake in ADT Inc.
• Apollo Management Holdings GP, LLC, along with several other Apollo-affiliated entities, beneficially owns an aggregate of 278,650,366 shares of ADT Inc. Common Stock.
• This aggregate amount represents 35.6% of ADT Inc.'s outstanding common stock.
• Prime Security Services TopCo (ML), L.P. and Prime Security Services TopCo (ML), LLC each beneficially own 260,384,856 shares, representing 33.3% of the class.
• Prime Security Services TopCo (ML II), L.P. and Prime Security Services TopCo (ML II), LLC each beneficially own 18,265,510 shares, representing 2.3% of the class.
• The percentage ownership is calculated based on 781,765,950 shares of Common Stock outstanding as of April 17, 2025, as reported in ADT Inc.'s quarterly report on Form 10-Q filed on April 24, 2025.
• All reporting persons have shared voting and shared dispositive power over the reported shares, with no sole voting or sole dispositive power.
• Certain individuals (Marc Rowan, Scott Kleinman, and James Zelter) and entities disclaim beneficial ownership of the reported shares.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership, which is neutral in sentiment. It does not contain positive or negative performance indicators or forward-looking statements.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of significant beneficial ownership by a major investment firm (Apollo) in a publicly traded security services company (ADT Inc.). It reflects the ongoing investment position of Apollo in ADT, which is a key player in the residential and business security and smart home solutions industry.

Stakeholder Impact

• Shareholders: Provides transparency regarding the significant ownership stake held by Apollo-affiliated entities, which can influence corporate governance and strategic decisions.

Key Dates

Keywords

ADT Inc., Apollo Management, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Institutional Ownership, Security Services, Home Automation