Ingersoll Rand Inc. · NYSE:IR
Ingersoll Rand — Merger or Acquisition (April 2021)
15 slides from Ingersoll Rand's merger presentation, Apr 12, 2021
Slide 1: Divestiture of Club Car
Ingersoll Rand Divestiture of Club Car April 12, 2021
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains “forward-looking statements” as that term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995, including s
Slide 3: Ingersoll Rand Achieves Key Milestone in Portfolio Optimization
Ingersoll Rand Achieves Key Milestone in Portfolio Optimization • Ingersoll Rand has entered into an agreement to sell its Specialty Vehicle Technologies (“Club Car”) segment to Platinum Equity (“Platinum”) for $1,680M, which implies an EV / 2020A Adjusted EBITDA multiple of 12.1x • Club Car is a gl
Slide 4: Strategic Decision to Divest Club Car Achieves Key Goals for IR
Strategic Decision to Divest Club Car Achieves Key Goals for IR Focuses Ingersoll Rand on providing mission-critical flow creation and industrial solutions to high growth, sustainability-focused industrial, life sciences and healthcare markets Improves Ingersoll Rand’s financial profile Recogniz
Slide 5: Sale of Club Car is an Impactful Step Toward Portfolio Optimization
Sale of Club Car is an Impactful Step Toward Portfolio Optimization PHASE 1 PHASE 2 PHASE 3 Sale of Strong Foundation Pivot to Growth Portfolio Optimization Club Car Nurturing single culture through Purpose & Values / Engagement / Diversity & Inclusion Focuses IR Added ‘domain expertise’ talent Exec
Slide 6: Sale of Club Car is Another Key Milestone in Ingersoll Rand's Evolution
Sale of Club Car is Another Key Milestone in Ingersoll Rand’s Evolution 2021 Strong acquisition funnel focused on sustainable 2021 technologies and high- Ingersoll Rand agrees to growth end markets divest Club Car to Platinum Equity 2017 – 2020 2017 Gardner Denver executes accretive bolt- Gardner De
Slide 7: Ingersoll Rand is Focused on Sustainable Technologies in High Growth End Markets
Ingersoll Rand is Focused on Sustainable Technologies in High Growth End Markets¹ Oil-Free Technology Water And Wastewater Hydrogen Industrial Technologies and Services Industrial Technologies Precision and Science Precision and Science Technologies Segment and Services Technologies Segment • Oil-fr
Slide 8: Growing Sustainably with Relentless Focus on Our People and Planet
Growing Sustainably with Relentless Focus on Our People and Planet Introduced 2030 and 2050 Environmental Goals Most Material Factors to the Company 1. Energy use 2. Product stewardship, new product development and innovation 3. Our employees: investments in safety, employee ownership and culture to
Slide 9: Sale of HPS and Club Car Improves Ingersoll Rand's Financial Profile
Sale of HPS and Club Car Improves Ingersoll Rand’s Financial Profile ($M) FY2020A IR as Adjusted for IR as of Current Net Impact of HPS & SVT LTM Dec. 31, 2020 Divestiture Program Transactions Supplemental Adjusted Revenue $5,380 $4,344 Supplemental Adjusted EBITDA $1,0781 $923 Supplemental Adjusted
Slide 10: Key Takeaways from Sale of Club Car
Key Takeaways from Sale of Club Car Sale of Club Car accelerates Ingersoll Rand’s strategic initiative to optimize the portfolio on mission-critical flow creation and industrial solutions in high growth, sustainability-focused end markets Transaction enhances balance sheet strength and drives stra
Slide 11: Appendix
aim) Ingersoll Rand Appendix
Slide 12: Supplemental Adjusted Revenue and Supplemental Adjusted EBITDA, Both Further Adjusted for HPS & SVT
Supplemental Adjusted Revenue and Supplemental Adjusted EBITDA, Both Further Adjusted for HPS & SVT Transactions INGERSOLL RAND INC. AND SUBSIDIARIES SUPPLEMENTAL ADJUSTED REVENUE AND SUPPLEMENTAL ADJUSTED EBITDA (Unaudited; in millions) For the Twelve Month Period Ended December 31, 2020(1) Supplem
Slide 13: Adjusted Operating Working Capital
Adjusted Operating Working Capital INGERSOLL RAND INC. AND SUBSIDIARIES ADJUSTED OPERATING WORKING CAPITAL (Unaudited; in millions) As of December 31, 2020 Ingersoll Rand, High Pressure Specialty Vehicle Ingersoll Rand, As Reported Solutions Technologies As Adjusted Operating Working Capital Account
Slide 14: Adjusted EBITDA and Supplemental Adjusted EBITDA further adjusted for HPS & SVT Transactions
Table 1: Reconciliation of Net Income (Loss) to Adjusted EBITDA, Supplemental Adjusted EBITDA and Supplemental Adjusted EBITDA further adjusted for HPS & SVT Transactions INGERSOLL RAND INC. AND SUBSIDIARIES RECONCILIATION OF NET INCOME TO ADJUSTED EBITDA, SUPPLEMENTAL ADJUSTED EBITDA AND SUPPLEMENT
Slide 15: Reconciliation of GAAP Revenue to Supplemental Adjusted Revenue by Segment
Table 2: Reconciliation of GAAP Revenue to Supplemental Adjusted Revenue by Segment and for the Company and Segment Adjusted EBITDA to Supplemental Adjusted EBITDA INGERSOLL RAND INC. AND SUBSIDIARIES UNAUDITED SUPPLEMENTAL ADJUSTED COMBINED FINANCIAL INFORMATION RECONCILIATION OF GAAP REVENUE TO SU