At what enterprise value was SNAP ONE acquired in 2024?

During the acquisition of SNAP ONE by RESIDEO TECHNOLOGIES in 2024, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 1b - 4b USD. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the TMT (Tech, Media, Telecom) industry currently tracks an average EBITDA multiple of 14.8x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of SNAP ONE when it was acquired by RESIDEO TECHNOLOGIES?

The estimated EV/EBITDA multiple for SNAP ONE is in the range of 10x - 18x. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 14.8x. Join our community for free to access full valuation data and industry trends.

When was SNAP ONE acquired by RESIDEO TECHNOLOGIES?

SNAP ONE was acquired by RESIDEO TECHNOLOGIES in 2024.

What was the revenue of SNAP ONE at the time of the deal?

The revenue of SNAP ONE at the time of the deal is estimated to be in the range of 750M - 1.3b USD. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of SNAP ONE during the acquisition?

SNAP ONE's EBITDA is estimated to be in the range of 100M - 200M USD. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the SNAP ONE acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the SNAP ONE deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://investor.resideo.com/news/news-details/2024/Resideo-Completes-Acquisition-of-Snap-One/default.aspx

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Home Database TMT (Tech, Media, Telecom)SNAP ONE

06/2024

SNAP ONE acquired by RESIDEO TECHNOLOGIES

UNITED STATES Hardware & Electronics / IT Equipment / IoT & Connected Objects EV 1b - 4b USD

Context

The acquisition of Snap One by Resideo marks a transformative tactical expansion of the group's smart-living and professional distribution capabilities. This transaction facilitates the integration of Snap One’s high-margin proprietary software and automation hardware into Resideo’s ADI Global Distribution segment. The strategic rationale for the move centers on the fusion of Snap One’s leadership in the professional audio-visual and home control markets with Resideo’s massive physical branch footprint and contractor base. This operation will help Resideo to reinforce its ability to serve professional integrators who require a unified source for both third-party equipment and sophisticated, software-led automation platforms. The partnership is designed to generate significant financial synergies by optimizing supply chain logistics and cross-selling proprietary brands like Control4 across ADI’s global network. This integration facilitates the creation of a more robust technological platform, providing the strategic depth required to navigate the maturing landscape of the Internet of Things (IoT). The move solidifies Resideo’s standing as a primary provider of mission-critical "connected world" infrastructure and professional installation services.

SNAP ONE, which reported an EBITDA margin of LOGIN in 2023, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the TMT (Tech, Media, Telecom) sector (14.8x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

-> Deep-dive in TMT (Tech, Media, Telecom) market trends

Target

Snap One operates as a premier technology organization dedicated to the development and distribution of smart-living products, services, and software tailored for professional integrators. The entity’s business model is centered on a proprietary framework of automation solutions—most notably the Control4 platform—which manages lighting, audio, video, and security within high-end residential and commercial environments. Its value proposition is anchored in technical operational depth, providing a "one-stop-shop" for professional installers through an integrated ecosystem of hardware and cloud-based management tools. Strategically, the firm focuses on the high-margin professional channel, bypassing retail to ensure industrialized reliability and expert deployment. By maintaining a specialized focus on the software-defined home, the organization ensures a mission-critical role in the structural evolution of the "connected world." The entity prioritizes technical agility and support infrastructure to facilitate the scaling of smart-living automation globally.

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REFERENCES

Valuation range: EV 1b - 4b USD

Revenue range: 750M - 1.3b USD

EBITDA range: 100M - 200M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of SNAP ONE by RESIDEO TECHNOLOGIES are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: snap one

Acquirer: resideo technologies