Everon, known as one of the nation’s top commercial security providers and ranked the third-largest security company in the United States by SDM Magazine, has announced that it has signed a definitive agreement to buy the business-to-business segments of the multifamily division from ADT.
This deal is expected to close by the end of the third quarter of 2025, pending standard closing conditions and regulatory approvals. After completion, the acquisition will mark a significant step in Everon’s growth strategy, allowing the company to expand its reach and strengthen its position in the multifamily security market.
Everon already serves multifamily customers across the country with fire and life safety solutions. By acquiring ADT’s B2B multifamily segments, the company will be able to build on this foundation, offering an even broader range of services to property owners and managers. These services will include advanced access control systems, high-quality video surveillance, and self-guided tour technology that can integrate seamlessly with leading property management software.
KEY QUOTE:
“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. 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.”
Don Young, Chief Executive Officer for Everon
