Snap One Obtains Incremental Financing
10.21.22
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Simpson Thacher represented Snap One Holdings Corp. (“Snap One”) in connection with an incremental amendment to its existing credit agreement, which provided for, among other things, incremental term loans in an aggregate principal amount of $55 million.
Snap One provides products, services and software to its network of professional integrators that enable them to deliver smart living experiences for their residential and small business end users. The Company’s hardware and software portfolio includes leading proprietary and third-party offerings across connected, infrastructure and entertainment categories.
The Simpson Thacher team included Brian Steinhardt, Matthew Farrell and Melissa Lewis (Banking and Credit); and Karen Reyes (Capital Markets).