ADT Inc. just announced that it acquired Defenders, its largest independent dealer and only authorized premier provider, for a purchase price of approximately $381 million (based on ADT’s closing stock price of $7.45 on January 3, 2020).
On Feb. 3, CBS 2 Chicago ran a lengthy investigative story about DEFENDERS, ADT’s largest authorized dealer. While multiple allegations were presented, the main argument was that DEFENDERS has “hundreds of frustrated customers who said they were duped, in some cases overpaying by thousands of dollars.”