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Snap One, a publicly traded manufacturer of AV, security, control, networking and remote management products for professional integrators, today announced it has acquired long-time Canadian distribution partner Staub Electronics. The strategic move was made to “enhance the partner experience throughout Canada and expand the company’s North American local branch footprint.”
According to Snap One CEO John Heyman, “The acquisition brings together two companies that have worked together for over ten years and share a core commitment to empowering professional integrators by providing exceptional service and a comprehensive product portfolio.
“This acquisition” adds Heyman, “will strengthen our capabilities across Canada, introducing a wider range of products, providing faster turnaround times on orders, allowing for same-day order pick-ups, and delivering more product choice than ever before for our Canadian partners. By making Staub part of Snap One, we can bring the Snap One local branch experience to Canada. With this transaction now complete, we are excited to continue pursuing our disciplined M&A strategy as part of our broader growth initiatives.”
Staub President Scott Trotter, Vice President Bryan Sack, and their entire management team will continue to run the Staub business, while founder Dave Mason will retire. Staub will continue to support all current lines of business, including its automotive division.
According to Staub Electronics President Scott Trotter, “We’re excited to officially become part of the Snap One family. For years, our two companies have worked together to meet the needs of professional integrators in Canada, and now we plan to raise our customer experience to a whole new level.”
The acquisition brings Snap One’s local branch footprint to a total of 33 locations, further expanding its comprehensive network to allow partners in more regions to procure on-demand products, training, and in-person customer service. The Snap One strategy of complementing its e-commerce capabilities with best-in-class local branches began in 2018 with the acquisition of Allnet Distributing, and the company has invested heavily to expand its local branch footprint over the past three years. Many local branches provide integrators with a wide range of fulfillment options, including 24-hour will-call rooms, job-site delivery, and self-shopping experiences.
Founded in 1981, Staub, based in Richmond, BC, is one of Canada’s leading distributors of technology solutions focused on residential and commercial AV integrators, and automotive electronics installers. In October 2021, Staub opened a second distribution hub in Mississauga, ON in the previous location of AVAD electronics.
Established in 2005 and based in Charlotte, NC, Snap merged with Control4 in 2019 and rebranded the company Snap One in 2021. Snap One is a well-known industry leader in the pro-install channel operating 31 local branches in the U.S. and currently two in Canada.