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ADT Acquires Sunpro Solar and Launches ADT Solar™

It is common for corporations to acquire companies that share the same audience. We are seeing many major acquisitions lately, particularly in the solar industry. According to a press release published this month: The latest acquisition in the residential services industry comes from ADT. With the mission to expand its residential footprint with acquisition of Sunpro Solar and the launch of ADT Solar™. For Sunpro, becoming a part of the ADT family has a lot of pros: - Accelerate their ability to bring residential and commercial rooftop solar to more customers, helping them save money and become more energy independent. - Further advance smart home technologies and renewable energy solutions for customers - Make a meaningful difference in how their customers live daily ADT has a powerful national reach, high brand awareness and customer loyalty - their partnership with Sunpro will provide cross-selling opportunities to speed up expansion of solar and place ADT Solar as a residential market leader. “By combining a cash-flow-positive company in the high-growth solar space with ADT’s trusted brand, national footprint, and cross-sell potential, we can expand offerings to our customers and accelerate growth for both ADT and ADT Solar.” - Jim DeVries, ADT President and CEO Read full article HERE

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