Everon Expands Its Portfolio with Acquisition of ADT’s Multifamily Division

September 20, 2025 - 02:09

In a strategic move to enhance its market presence, Everon has successfully acquired the multifamily business-to-business division of ADT for a substantial $55 million. This acquisition marks a significant milestone for Everon, positioning the company to leverage ADT’s established reputation and extensive client base in the multifamily sector. By integrating ADT’s operations, Everon aims to offer enhanced security solutions tailored specifically for residential properties, thereby addressing the growing demand for advanced safety measures in the multifamily housing market.

The acquisition is expected to bolster Everon's capabilities in providing innovative security services and technology, allowing for a more comprehensive approach to property management. This move aligns with Everon’s vision of expanding its service offerings and solidifying its role as a leader in the security industry. As the multifamily housing sector continues to evolve, this strategic acquisition is poised to provide Everon with a competitive edge and new growth opportunities in the coming years.

In other news, fintech company Stablecore has successfully raised $20 million in funding, while Gigabit Fiber has secured a majority investment fund from Blue Owl Capital, signaling ongoing investment activity in the tech and telecommunications sectors.