Hellman & Friedman to acquire SnapAV from General Atlantic.

Hellman & Friedman, private equity firm have entered an agreement to acquire SnapAV, a leading vertically-integrated supplier in the rapidly growing connected home sector, from General Atlantic. Financial terms were not disclosed. “SnapAV’s innovative eCommerce platform, compelling products and excellent service deliver tremendous value to the integrator community. With its network of loyal dealers and an outstanding base of employees, SnapAV is very well positioned to continue on its growth trajectory. We look forward to partnering with John and the rest of the management team as the company moves into its next phase of growth.” Erik Ragatz, Hellman & Friedman Managing Director.