SnapAV announces plans to go public

CHARLOTTE, N.C.—Wirepath Home Systems, LLC, dba SnapAV, a leader in the connected home technology market, announced that its parent company has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (SEC) relating to the proposed initial public offering of the company’s common stock.

The number of shares to be offered and the price range for the proposed offering have not yet been determined. The initial public offering is expected to commence after the SEC completes its review process, subject to market and other conditions.

The news about SnapAV’s plans to go public comes approximately one week after the company announced that it will acquire premier networking solutions provider Access Networks, an acquisition expected to close later this month. 

Established in 2005 and based in Charlotte, SnapAV is a manufacturer and exclusive source of A/V, security, control, networking and remote management products for professional integrators. An industry leader in the pro-install channel, SnapAV helps integrators build their businesses by providing a wide range of high-quality products, easily accessible through an intuitive website and backed by award-winning service and support. With a vast catalog of today’s most popular brands, SnapAV is a premier choice for professional installers across the globe. Additional information about SnapAV and its products can be found at www.snapav.com/engage.

SnapAV noted that this news release was made pursuant to and in accordance with Rule 135 under the Securities Act of 1933, as amended, and does not constitute an offer to sell or the solicitation of an offer to buy securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.