Backed by Apollo Global Management, ADT, No. 1 on the SDM 100 and SDM’s 2017 Dealer of the Year, filed for an initial public offering on Dec. 21, 2017.
The company filed for a $100 million IPO as a placeholder that is usually used to calculate fees, but in July 2017 a forthcoming ADT IPO was predicted to be more than $15 billion.