Trane Technologies Plc · NYSE:TT
Trane Technologies — Ingersoll Rand — Merger or Acquisition (February 2019)
11 slides from Trane Technologies's merger presentation, Feb 11, 2019
Slide 1: Ingersoll Rand's Acquisition of Precision Flow Systems (PFS)
Ingersoll Rand’s Acquisition of Precision Flow Systems (PFS) February 11, 2019 1
Slide 2: Safe Harbor
Safe Harbor This presentation contains “forward-looking statements,” which are statements that are not historical facts, including without limitation statements about the proposed transaction and the anticipated timing thereof; the expected benefits of the proposed transaction, the impact of the tra
Slide 3: Executing a Consistent Strategy that Delivers Profitable Growth
Executing a Consistent Strategy that Delivers Profitable Growth 3
Slide 4: Enhancing the Portfolio
Enhancing the Portfolio – Precision Flow Systems Acquisition Accelerates Fluid Management Strategy with Mission-Critical Brands and Accretive Financials ✓ Enhances Ingersoll Rand’s Portfolio of Core Strategic Assets ▪ Deep industry knowledge and differentiated technology in growth markets with a rep
Slide 5: Summary Transaction Terms
Summary Transaction Terms • $1.45B purchase price Transaction Terms • Approximately 11x 2019E EBITDA net of synergies • ~$400M revenue Financial Benefits • Accretive to EBITDA margins of the Transaction • Accretive to EPS and cash flow ROIC in year one • Expect to generate meaningful synergies Poten
Slide 6: Precision Flow Systems: Differentiated Industry Leader in Mission-Critical Applications
Precision Flow Systems: Differentiated Industry Leader in Mission-Critical Applications Business Overview By Geography¹ By End-Market¹ By OE / Aftermarket¹ ● Designs, manufactures, supports highly LatAm Midstream Other engineered positive displacement pumps, boosters, mixers and systems for water, f
Slide 7: Precision Flow Systems: Technically Differentiated, Mission Critical Applications with High Recurring Revenue
Precision Flow Systems: Technically Differentiated, Mission Critical Applications with High Recurring Revenue Water Specialty Process Industries Dosatron YZ t Key Products Pumps, Mixers and Aerospace, Defense, Pumps, Mixers and Water-powered, Odorization and Gas / Systems Pumps and Valves Systems No
Slide 8: PFS Accelerates Strong Fluid Management Platform
PFS Accelerates Strong Fluid Management Platform Fluid Management is an Integral Part of …and PFS is a Compelling Fit Our Industrial Business… ● Attractive market segment with robust growth above ● Creates a highly profitable, globally competitive flow GDP and stability over long term business of sc
Slide 9: Combined, Diverse Pumps Business Creates Platform for Growth
Combined, Diverse Pumps Business Creates Platform for Growth Pump Top Ancillary Technology End-Markets Offerings • Chemical / Pharma • Air treatment devices (filters, regulators) • Air powered • Industrial • Valves • Diaphragm and piston pumps • Wastewater • Cylinders • Odor injection • Electric, wa
Slide 10: Summary: PFS Acquisition Aligns with Ingersoll Rand's Strategy for Value Creation for Shareholders
Summary: PFS Acquisition Aligns with Ingersoll Rand’s Strategy for Value Creation for Shareholders Ingersoll Rand PFS • Strategy tied to attractive end markets Strategy supported by global mega trends ✓ Strategic addition to our Industrial business and fluid capabilities, foothold in water • Franchi
Slide 11: I am Ingersoll Rand
am Ingersoll Rand Inspiring Progress™
Ingersoll Rand — Merger or Acquisition (February 2019) on 6ix