Snap One Holdings Corp.
Snap One powers smart living by enabling professional integrators to deliver seamless experiences in the connected homes and small businesses where people live, work and play. The combination of our end-to-end product ecosystem and our technology-enabled workflow solutions, which we refer to as our “Only Here” strategy, delivers a compelling value proposition to our loyal and growing network of over 16,000 professional do-it-for-me (“DIFM”) integrators. We believe that Only Here can integrators access a leading comprehensive suite of products and software solutions that enable a “one-stop shop” experience. Only Here can integrators support their customers via our industry-leading remote management software platform, which reaches approximately 345,000 active homes and businesses as of March 26, 2021.
We derive the majority of our net sales from the sale of both proprietary and third-party products to DIFM integrators in home technology, security and commercial end markets.
(Note: Snap One priced its IPO on July 27, 2021, at $18 – the low end of its $18-to-$21 price range – on 13.85 million shares, the same number of shares in the prospectus, to raise $249.3 million.)
|Industry:||Electronic Components & Accessories|
|Address||1800 Continental Boulevard, Suite 200 Charlotte, North Carolina 28273|
|Phone Number||(704) 927-7620|
|View Prospectus:||Snap One Holdings Corp.|
|Revenues||$861.97 mil (last 12 months)|
|Net Income||$-12.25 mil (last 12 months)|
|Price range||$18.00 - $18.00|
|Est. $ Volume||$249.3 mil|
|Manager / Joint Managers||Morgan Stanley/ J.P. Morgan / Jefferies/ UBS Investment Bank/ BMO Capital Markets/ Raymond James/ Truist Securities/ William Blair|
|CO-Managers||Drexel Hamilton/ Penserra Securities/ R. Seelaus & Co./ Siebert Williams Shank|
|Expected To Trade:||7/28/2021|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|