Everon, a security integrator and premier provider of commercial security, video, fire and life safety solutions, ranked No. 3 in the SDM 100, entered into a definitive agreement to acquire the business-to-business (B2B) segments of the multifamily business from ADT LLC, a brand in smart home and small business security. The transaction is expected to close at the end of the third quarter of 2025, subject to customary closing conditions and regulatory approvals.

Everon currently provides fire and life safety services to multifamily customers nationwide, making this acquisition a strategic extension of the company’s current business and reinforcing its commitment to deliver comprehensive security solutions and quality service to a wide range of commercial customers. The acquisition will deepen Everon’s value as a provider and partner as well as expand its ability to serve the broader B2B multifamily space by offering property owners and managers a tailored solutions portfolio, including access control, video surveillance, and self-guided tour capabilities to integrate with property management software.

“This agreement marks a natural progression in the growth of our business and expands our reach in a valuable market with a traditionally low attrition rate,” said Don Young, CEO, Everon. “The multifamily team brings incredible expertise to deliver a unique solution for property owners and managers that can help increase net operating income, enhance security, and improve operational efficiency. The completion of this acquisition will mean we can do even more for multifamily customers with industry-leading solutions and excellence in service delivery on a national scale.”