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Tony Trunzo

Security Company Resideo Acquires Snap One in $1.4B Transaction

April 15, 2024 by Ted 2 Comments

Resideo acquires Snap One

Will Merging Two Stagnant Businesses Reignite Growth?

This morning we learned that Snap One Holdings, Corp. (Nasdaq: SNPO) has been acquired by large security provider Resideo Technologies, Inc. (NYSE: REZI) and private equity company Clayton, Dubilier & Rice (CD&R) in a $1.4 billion deal. If you aren’t familiar with the Resideo name, you may know them by ADI, their distribution wing.

The deal is expected to close in the second half of 2024.

See more on Resideo / ADI / CD&R acquiring Snap One

[Read more…] about Security Company Resideo Acquires Snap One in $1.4B Transaction

Filed Under: Financial, News, Strategy Tagged With: ADI, Jay Geldmacher, John Heyman, Resideo, Snap One, Tom Surran, Tony Trunzo

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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