February 19, 2016
To: All Locals and Staff Representing ADT Members
Re: ADT/Protection One Merge
We have just learned that ADT has been acquired by Apollo Global Management, a private equity firm. They plan to merge ADT with Protection 1, another home security company, with the merged company retaining the ADT name. Protection 1 President and CEO, Timothy Whall, will be CEO of the combined business.
We are working with the CWA Research Department to gather more information about Apollo Global Management and will keep you informed of our findings.
Please feel free to contact me with any questions. Thank you in advance.