SnapAV to get new credit facility for buyout by Hellman & Friedman

By Sara Rosenberg

New York, June 20 – SnapAV is planning on getting a new senior secured credit facility to help fund its acquisition by Hellman & Friedman LLC from General Atlantic, according to a market source.

UBS Investment Bank and SunTrust Robinson Humphrey Inc. are the leads on the deal.

Closing is expected in the third quarter.

SnapAV is a Charlotte, N.C.-based manufacturer of audio, video, networking, power and surveillance products for residential and commercial A/V integrators.

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