Insight Enterprises, Inc. · NASDAQ:NSIT
Insight Enterprises — Merger or Acquisition (November 2016)
15 slides from Insight Enterprises's merger presentation, Nov 7, 2016
Slide 1: Insight to Acquire Datalink
Insight to Acquire Datalink November 7, 2016 Insight Presentation Insight’s Tagline Would Go Here Insight Proprietary & Confidential. Do Not Copy or Distribute. © 2016 Insight Direct USA, Inc. All Rights Reserved. 1
Slide 2: Important Information
Important Information Cautionary Note Regarding Forward-Looking Statements Certain statements contained in this communication may constitute “forward-looking statements.” Forward-looking statements can usually be identified by the use of words such as “aim,” “anticipate,” “believe,” “continue,” “cou
Slide 3: Insight's Acquisition of Datalink
Insight’s Acquisition of Datalink Insight to acquire Datalink (Nasdaq: “DTLK”) for $11.25 per share, implying an equity purchase price of approximately $258 million and enterprise value of $196 million (net of cash and debt acquired) Strengthens position as a market leading IT solutions provider wit
Slide 4: Insight and Datalink: Strategic & Compelling Acquisition
Insight and Datalink: Strategic & Compelling Acquisition • Increases addressable market opportunity in high growth data center categories • Enhances our go-to-market with solutions-led approach • Expands our services capabilities, particularly in the data center and around next generation technologi
Slide 5: Datalink Profile
Datalink Profile Insight Presentation Insight’s Tagline Would Go Here Insight Proprietary & Confidential. Do Not Copy or Distribute. © 2016 Insight Direct USA, Inc. All Rights Reserved. 5
Slide 6: Datalink at a Glance
Datalink at a Glance Company Overview Founded in 1987, headquartered in MN • Offices in 35 U.S. cities 570+ 100+ 130+ 80+ FULL-TIME ACCOUNT FIELD ENGINEERS / SERVICES EMPLOYEES EXECUTIVES ARCHITECTS CONSULTANTS 570+ full-time teammates $771 million in sales and $25 million in EBITDA Headquarters (Mi
Slide 7: Overview Datalink's Solutions Portfolio
Overview Datalink’s Solutions Portfolio Consulting Comprehensive portfolio of consulting services to help fully transform internal IT into a service organization aligned to business needs Managed Services CONSULTING Solutions Managing, maintaining and supporting the Broad portfolio of IT solutions d
Slide 8: Why Are We Excited About Datalink?
Why Are We Excited About Datalink? Insight Presentation Insight’s Tagline Would Go Here Insight Proprietary & Confidential. Do Not Copy or Distribute. © 2016 Insight Direct USA, Inc. All Rights Reserved. 8
Slide 9: Strategic Investment Areas
Data Center Technologies Driving IT Spend Growth Large market potential across high growth strategic areas DataCenter $B Hyperconverged $B Cloud Services $B $20 $594 $82 $479 $12 $22 Strategic Investment Areas 2015 2020 2015 2020 2015 2020 Data Center Market Sales Mix | 2020 Security $B Networking $
Slide 10: Enhanced Skills & Expertise
Enhanced Skills & Expertise Common Strengths • Profitable businesses with brand recognition & strong reputation • Broad capabilities in data center products & services • Differentiation through value added service offerings • Deep, longstanding client relationships with no concentration • Strong rel
Slide 11: Complementary Capabilities
Complementary Capabilities 6,000 570+ Teammates worldwide Teammates in U.S. Market-leading IT solutions provider with global scale and deep 1,200+ 300+ technical talent consulting and service engineers, architects and focused on delivering delivery professionals service delivery professionals data c
Slide 12: Financial Overview
Financial Overview Insight Presentation Insight’s Tagline Would Go Here Insight Proprietary & Confidential. Do Not Copy or Distribute. © 2016 Insight Direct USA, Inc. All Rights Reserved. 12
Slide 13: Financial Details
Financial Details • $11.25 per share in cash Transaction • Equity purchase price of $258 million Consideration • Enterprise value of $196 million (net of cash and debt acquired) • Implies 4.9x LTM EBITDA multiple including synergies * • Expected to be accretive to Adjusted EPS in the first year Fina
Slide 14: Transaction Rationale
Transaction Rationale • Increases net sales by more than 10% and services sales by more than 50% • Brings complementary services capabilities to the combined client base • Leverages Datalink’s regional scale in key markets to accelerate growth in Insight’s core business • Drives higher gross margins
Slide 15: Thank you
Thank you Questions Insight Presentation Insight’s Tagline Would Go Here Insight Proprietary & Confidential. Do Not Copy or Distribute. © 2016 Insight Direct USA, Inc. All Rights Reserved. 15
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