N-able, Inc. · NYSE:NABL
N-able — Merger or Acquisition (November 2024)
9 slides from N-able's merger presentation, Nov 20, 2024
Slide 1: N-able Has Acquired Adlumin
N-able Has Acquired Adlumin November 20, 2024 1 © 2024 N-able Solutions ULC and N-able Technologies Ltd. All rights reserved.
Slide 2: Disclaimers
Disclaimers Forward-Looking Statements This presentation and the accompanying oral presentation contain “forward-looking” statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding N-able's acquisition of Adlumi
Slide 3: History of Strategic Partnership with Adlumin
History of Strategic Partnership with Adlumin Cybersecurity threats have become increasingly sophisticated and complex Our customers were coming to us – seeking a turnkey XDR and MDR solution We selected Adlumin as our preferred partner given its cloud-native, modern platform The Adlumin XDR and MDR
Slide 4: Adlumin at a Glance
Adlumin at a Glance Adlumin is a 100% cloud-native solution that combines cutting-edge XDR technology with 24/7 MDR capabilities on a single platform $22M 60%+ ~100% 800+ 2024E ARR1 2024E YoY ARR Growth Recurring Revenue Customers One Platform Endpoint Agnostic Immediate Time to Value All numbers ne
Slide 5: Adlumin's Winning Cloud-Native Platform
Adlumin’s Winning Cloud-Native Platform Customer Tech Stack MDR Services Platform XDR Software Platform Identity Solutions Security Benefits Exposure Exposure Assessment Validation Network Maximize Real-time Full Identity Streamline Validate Devices Tech RIO Analytics Visibility Threats Operations P
Slide 6: Transaction Overview
Transaction Overview Timing • Definitive agreement signed and transaction closed on November 20, 2024. • Consideration at Close: $100 million cash, subject to customary adjustments, and 1.57 million shares of N-able • Deferred Consideration: An aggregate of $120 million cash, paid in installments of
Slide 7: Strategic Rationale
Strategic Rationale Unlocks $163 billion cybersecurity services TAM Addresses customer demands for 100% cloud-native XDR and MDR Combines IT Management, Data Protection, and Security under one roof Culmination of successful partnership with robust growth Scales our business faster, driving accretive
Slide 8: Combination Creates Multiple Compelling Growth Vectors
Combination Creates Multiple Compelling Growth Vectors Magnify the reach and awareness of Adlumin’s powerful solution with our worldwide go-to-market organization and our ~25,000 customers Leverage Adlumin’s reseller and mid-market relationships to expand new sales channels for the N-able portfolio
Slide 9: N-able & Adlumin Are Better Together
N-able & Adlumin Are Better Together Real-time Telemetry Continuous Intelligence IT Management XDR Data Protection MDR Security Controls Threat Intelligence Enriched Investigation Automated Remediation 9 © 2024 N-able Solutions ULC and N-able Technologies Ltd. All rights reserved.