Simpson Thacher represented affiliates of Hellman & Friedman in their announced acquisition of SnapAV. Financial terms of the transaction were not disclosed.
Established in 2005 and based in Charlotte, North Carolina, SnapAV is a manufacturer and exclusive source of more than 2,700 installation-friendly audio, video, networking, power and surveillance products for residential and commercial A/V integrators. SnapAV empowers integrators to run more efficient businesses by providing high quality products at attractive prices, supported by best-in-class online ordering and award-winning customer service.
The Simpson Thacher team includes Richard Capelouto, Atif Azher, Alexis Orenstein, Meredith Pressfield, Mark Myott and Michael Deitch (M&A); David Rubinsky, Jamin Koslowe and Monisha Bhayana (Executive Compensation and Employee Benefits); Jeff Ostrow and Linda Nyberg (Intellectual Property); Sophie Staples and Tanvi Mirani (Tax); and Brian Steinhardt, Matthew Farrell and Davis Mahon (Debt Financing). Summer Associate Brendan Montgomery also provided valuable assistance.