Mattr Corp · TSX:MATR
Mattr — Merger or Acquisition (November 2024)
15 slides from Mattr's merger presentation, Nov 8, 2024
Slide 1: Mattr to Acquire AmerCable
Mattr to Acquire AmerCable November 8, 2024
Slide 2: Forward Looking Information
Forward Looking Information This presentation as well as oral statements made during the course of the oral presentation includes certain statements that reflect management’s expectations and objectives for the Company’s future performance, opportunities and growth, which statements constitute “forw
Slide 3: Legal Disclaimer
Legal Disclaimer Any graphs, tables or other information demonstrating the Company’s historical performance or that of any other entity contained in this presentation are intended only to illustrate past performance and are not necessarily indicative of such entity’s future performance. Non-IFRS Mea
Slide 4: Highly Complementary Combination
Highly Complementary Combination Strong Alignment with Mattr's M&A Criteria Expansion into new History of Innovation 60 Years 120 Years medium voltage markets Primary Sales Footprint + Global Customer Base Meaningful U.S. footprint Enables participation Manufacturing Footprint in “Buy America”
Slide 5: Significant Strategic and Financial Benefits
Significant Strategic and Financial Benefits Positions Mattr as one of the premier, custom engineered cable manufacturers in North America Adds medium voltage capabilities, which are essential to enabling electrification in key end markets Creates a highly strategic North American wire and cable man
Slide 6: AmerCable Overview
AmerCable Overview Fully certified manufacturer of highly engineered low and medium voltage power, control and instrumentation cables which enable electrification within the industrial, energy and mineral extraction sectors Globally Recognized Products Blue Chip Customer Base End to End Capabilities
Slide 7: Highly Strategic Wire & Cable Footprint
Highly Strategic Wire & Cable Footprint Industry-leading capabilities Vaughan, ON, Canada strategically located in close proximity Wire & Cable Manufacturing to key end customers 230k sq ft Shawflex modernized low voltage manufacturing facility in Vaughan, Ontario to be completed mid-2025 El Dor
Slide 8: Enabling Electrification Across North America
Enabling Electrification Across North America AmerCable’s low and medium voltage capabilities… …and unlock access to the …add to Mattr’s U.S. market (8x CAD existing markets market) Aerospace Communication Canadian Low Voltage Civil TAM* = $2.8B EV Charging Heavy Industrial Marine Mineral Extraction
Slide 9: AmerCable + Shawflex: The Sum Is Greater Than The Parts
AmerCable + Shawflex: The Sum Is Greater Than The Parts Products & Capabilities Strategic Footprint Expanded Addressable Market Ability to meet "Buy America" Low voltage and critical medium Globally recognized brands requirements across portfolio voltage infrastructure applications spanning lo
Slide 10: Transaction Summary
Transaction Summary Transaction Mattr to acquire AmerCable for U.S.$280 million Overview Represents a multiple of approximately 5.0x TTM Adjusted EBITDA1 (June 30, 2024) AmerCable has a track record of generating Adjusted EBITDA margins1 at or above 20% Financial Expected to add >C$75 millio
Slide 11: Highly Attractive Financial Profile
Highly Attractive Financial Profile Compelling Transforms Scale of Connection Technologies Segment Within Mattr ~5.0x TTM Adj. EBITDA (30-Jun-24) Valuation Connection Connection Highly Technologies Technologies >40% accretive to EPS excluding synergies1 Accretive 37% >50% Revenue Sticky, blue
Slide 12: Conservative Financial Profile at Close
Conservative Financial Profile at Close Net Debt / TTM Adj. EBITDA Excl. Leases 2.2x Mattr targets normal course Net-debt-to-Adjusted Incl. Leases <2.0x EBITDA ratio of below 2.0x 1.4x Willing to stretch for M&A, with reduction within 12- 18 months back to target range 0.2x Funded via a mix of
Slide 13: Proven Record of Capital Deployment
Proven Record of Capital Deployment Generated ~$500M from Portfolio Rationalization Activities Normal Course Net-debt-to Organic Adjusted EBITDA <2x Investment Deploying Nearly $1B of Capital Expecting to generally remain Substantial committed Capital Allocation since the beginning of 20211 below 2x
Slide 14: Alignment with Mattr's Growth Objectives
Alignment with Mattr’s Growth Objectives Successful Portfolio Transformation + Established Long-Term Organic Growth Substantial Growth in Retained Businesses Ambitions Revenue $682 $914 >10% growth Revenue Investing to create a technology driven, +34% 20%+ Adj. EBITDA Margin high-growth, high- 2021
Slide 15: Significant Strategic and Financial Benefits
Significant Strategic and Financial Benefits Positions Mattr as one of the premier, custom engineered cable manufacturers in North America Adds medium voltage capabilities, which are essential to enabling electrification in key end markets Creates a highly strategic North American wire and cable man