Matin

Today, we are announcing an agreement to acquire ADT. Home security has the qualities we look for in the businesses we own: an essential service built on specialist expertise and earned trust. We see an opportunity to build on that foundation for decades, investing in its people and technology to deliver the best outcomes for customers. Our ambition is to help ADT define the next era of trusted home security. thriveholdings.com/thrive-ho…

Choosing the right AI model is an operating decision. Today, we’re sharing our first set of benchmarks drawn from work across the 75+ accounting and IT services firms that make up Thrive Holdings. We believe the field needs more benchmarks tied to economically valuable work, so builders can understand where models are useful in real-world environments. We use these tests to help us compare model configurations and choose which models our systems run on, with the goal of delivering better service to our customers. We’ll add to the benchmarks as we build new products and expand to additional industries. evals.thriveholdings.com/

In the early 1990s, the accounting firm RRBB owned four computers for a staff of around 30. They called them “lunch boxes”: 30-pound machines that auditors lugged through airports and into client offices. The New Jersey firm was founded more than 65 years ago and has adapted through each new wave of technological transformation, from writing tax returns on green ledger paper to asking software to auto-sort numbers. In 2024, they became the first firm to join our accounting platform, Current. The firm’s history is less a story of computers replacing practitioners than of practitioners repeatedly learning what a computer can’t do on its own. This is the first in a series about the people and firms rethinking professional services around AI. Here is RRBB’s story: thriveholdings.com/the-pione…