Snap One Holdings Corp. Common Stock

SNPO

Market cap $823M

Expands Presence in Smart Living Products and Distribution Enhances Resideo's growth and margin profile and accretive to non-GAAP Adjusted EPS in first full year of ownership Welcomes Nate Sleeper and John Stroup of Clayton, Dubilier & Rice LLC to Board of Directors SCOTTSDALE, Ariz, June 14, 2024 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI), a leading global manufacturer and distributor of technology-driven products and solutions that provide home comfort, security, life safety and energy efficiency to consumers, today announced that it has completed the acquisition of Snap One (Nasdaq: SNPO), a leading provider of smart-living products, services, and software to professional integrators. Resideo will integrate Snap One into its ADI Global Distribution segment.

CHARLOTTE, N.C., June 14, 2024 (GLOBE NEWSWIRE) -- Snap One Holdings Corp. (the “Company” or “Snap One”) (Nasdaq: SNPO) is pleased to announce that its acquisition by Resideo Technologies, Inc., a Delaware corporation (“Resideo”), was completed today. The acquisition was effectuated by the merger (the “Merger”) of a wholly-owned subsidiary of Resideo with and into the Company, with the Company surviving the Merger and becoming a wholly-owned subsidiary of Resideo.

CHARLOTTE, N.C., June 07, 2024 (GLOBE NEWSWIRE) -- Snap One Holdings Corp. (the “Company” or “Snap One”) (Nasdaq: SNPO) intends to suspend trading of its common stock, par value $0.01 per share (the “Common Stock”), from The Nasdaq Stock Market (“Nasdaq”) in connection with the closing of the acquisition of the Company by Resideo Technologies, Inc., a Delaware corporation (“Resideo”), which will be effected by the merger (the “Merger”) of a wholly-owned subsidiary of Resideo with and into the Company, with the Company surviving the Merger and becoming a wholly-subsidiary of Resideo. The Merger is expected to close on June 14, 2024, subject to the satisfaction of customary closing conditions.

While the top- and bottom-line numbers for Snap One (SNPO) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

CHARLOTTE, N.C., May 07, 2024 (GLOBE NEWSWIRE) --   Snap One Holdings Corp. (Nasdaq: SNPO) (“Snap One,” the “Company,” “we,” or “our”), a provider of smart-living products, services, and software to professional integrators, reported financial results for the fiscal first quarter ended March 29, 2024.

CHARLOTTE, N.C., April 23, 2024 (GLOBE NEWSWIRE) -- Snap One Holdings Corp. (Nasdaq: SNPO) (“Snap One” or the “Company”), an industry-leading provider of smart-living technology for professionals and consumers, will issue its financial results for the fiscal first quarter ended March 29, 2024 via press release after market close on Tuesday, May 7, 2024.

A suitor has agreed to pay a chunky premium to acquire the smart home specialist. The acquirer touted the synergies between the two businesses.

Smart home firm Resideo announced an agreement to buy industry peer Snap One in a deal worth $1.4 billion.

Snap One (NASDAQ: SNPO ) stock is rising higher on Monday after the smart-living products company reached an agreement with Resideo (NYSE: REZI ) for an acquisition. A news release announcing the deal notes that Resideo is acquiring Snap One for $1.4 billion, including debt.

MILWAUKEE , April 15, 2024 /PRNewswire/ -- Ademi LLP is investigating Snap One (Nasdaq: SNPO) for possible breaches of fiduciary duty and other violations of law in its transaction with Resideo. Click here to learn how to join the https://www.ademilaw.com/case/snap-one-holdings-corp or call Guri Ademi toll-free at 866-264-3995.