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Stax congratulates Snap One, a leading distributor of smart-living products, services, and software, on its recent acquisition by Resideo Technologies, Inc. Stax provided sell-side support, collaborating with Hellman & Friedman, Snap One's management team, and the investment bank Moelis & Company. The transaction was partially financed through the issuance of $500 million in convertible perpetual preferred stock by Resideo to affiliates of Clayton, Dubilier & Rice, LLC.
Snap One is a premier distributor of smart-living technology, enabling a global network of professional integrators to deliver advanced entertainment, connectivity, automation, and security solutions to residential and commercial clients. With a comprehensive portfolio of proprietary and third-party products, Snap One combines the ease of e-commerce with the convenience of local branch pickup through its online platform and distribution network. The company also supports its integrator partners with software solutions, award-winning customer service, and digital workflow tools designed to help them grow and sustain profitable businesses.
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About Stax
Stax is a
global management consulting firm
serving corporate and private equity clients across a broad range of industries including software/technology, industrials, business and information services, healthcare and HCIT, consumer, and tradeshows and events.
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