Astronova, Inc. · NASDAQ:ALOT
Astronova — Merger or Acquisition (August 2022)
8 slides from Astronova's merger presentation, Aug 9, 2022
Slide 1: Acquisition of Astro Machine
Acquisition of Astro Machine August 9, 2022 Astro Nova
Slide 2: Safe Harbor Statement
Safe Harbor Statement Information included in this presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These include financial expectations relating to the Astro Machine acquisition. Forward-looking statements are not statement
Slide 3: Astro Machine Overview
Astro Machine Overview • Leader in inkjet printing technology for mailing and labeling applications • Deep expertise in material handling and automation equipment • Established 1978 in Elk Grove Village, IL TTM mid-teens 34,000-sq ft. TTM revenue of operating engineering and ~$22 million* manufactur
Slide 4: Transaction Summary
Transaction Summary • Aggregate purchase price of $17.1 million in cash • Funded with borrowings from an amended version of our existing senior bank debt facilities. • Transaction includes property and plant in Elk Grove Village, Illinois • Strong alignment with acquisition strategy • Management con
Slide 5: Transaction Meets our Acquisition Criteria
Transaction Meets our Acquisition Criteria • Extensive technology and engineering overlaps • Additive product lines Business Fit • Highly complementary market channels • High recurring revenue stream • Established leadership in niche market History of • Track record of consistent revenue and earning
Slide 6: Strategic Benefits
Strategic Benefits VERTICALLY TECHNICAL EXPANDED ADJACENT MARKET INTEGRATED EXPERTISE CAPABILITIES Adds Adjacent Product Highly vertically Experienced, long Expands digital label and Identification market integrated OEM tenured team direct to package markets oLeading market position operation Streng
Slide 7: Complementary Products
Complementary Products Color Printers Monochrome Printers Media Handling
Slide 8: Extends our Track Record of Value-Generating Acquisitions
Extends our Track Record of Value-Generating Acquisitions Feb. 2017 Acquired TrojanLabel Feb. 2014 ApS, a European Acquired Miltope manufacturer of aerospace printer specialty printing Aug. 2022 product line systems Acquired Astro Machine Sep. 2017 Jun. 2015 Acquired exclusive rights to Acquired RIT