If you didn’t notice the SnapAV and Control4 merger, well, I’m guessing you’re either lying or just not in touch with this industry. I got the announcement on my phone while driving, and when I first glanced, my assumption was that Control4 — a publicly traded company — bought Snap, but then when I was able to read the rest of the article and saw that Snap was purchasing Control4 for $23.91 a share, my first thought was, “SnapAV had $680 Million…in cash?!?” (I had forgotten that they were previously acquired by Hellman & Friedman, a private equity firm, back in 2017.)
Speculating on the Control4/SnapAV Merger
