Novanta Inc. · NASDAQ:NOVT
Novanta — Merger or Acquisition (July 2021)
14 slides from Novanta's merger presentation, Jul 19, 2021
Slide 1: Novanta to acquire ATI
ANNOUNCEMENT Novanta to acquire ATI July 19, 2021 NASDAQ: NOVT
Slide 2: Safe Harbor Statement
Safe Harbor Statement The statements in this presentation that relate to the anticipated ATI acquisition, including that the acquisition is expected to close in the third quarter of 2021; sources of funding for the ATI acquisition; the benefits of the ATI acquisition; future financial results; busin
Slide 3: ATI Overview
ATI OVERVIEW $ $70M 30+ >350 2021 Expected Sales Years of Employees +7% Market Growth Expertise (~100 engineers) 3 Confidential and Proprietary
Slide 4: Leading OEM supplier of end-of-arm technologies for robots
ROBOTIC CHANGING SYSTEMS Increase flexibility and productivity of 65% industrial, collaborative and medical robots by allowing them to switch tooling during the manufacturing process. FORCE/TORQUE SENSORS AT I O V E R V I E W Highly precise 6-dimensional sensing Leading OEM supplier of end- of-arm t
Slide 5: Outstanding Strategic Fit
Outstanding Strategic Fit Increases Scale of Our Executes on Our Strategy Precision Motion Group Expands presence in robotics, Expands to a ~$250 million platform including surgical robotics applications Ability to cross sell to mutual customers Adds intelligent subsystem content Supply chain synerg
Slide 6: Robots Need to Effectively Interact With Their Environments
Robots Need to Effectively Interact With Their Environments VISION SENSING MOTION CONTROL ROBOTIC END EFFECTORS Perceiving and planning Measuring force, torque, Enabling precise movement how to move in dynamic position, temperature, via actuators, motors, drives, Giving robots the flexibility and st
Slide 7: Expands Content in Surgical Robots
Expands Content in Surgical Robots AT I F / T S E N S O R ( X 6 ) Increasing content and relevancy of intelligent technology solutions in mission critical applications Possibility to optimize an integrated servo and sensing solution for improved haptic experience of surgeons Complementary capabiliti
Slide 8: Strong Presence in Robotics
Strong Presence in Robotics Robotics is a key enabler to Factory 4.0 goals of automating to improve safety, quality and productivity Portfolio of highly engineered, intelligent end-effector technologies Well-positioned to capture growth in automation and robotics Differentiated technologies, which c
Slide 9: Adds New Talent and Capabilities
Adds New Talent and Capabilities C A PA B I L I T I E S FA C I L I T Y • >350 employees, • High commonality with • Headquartered outside of • Dedicated labs for R&D, with ~100 engineers Novanta manufacturing Raleigh, North Carolina Electronics, Mechanical • Strong emphasis on capabilities and know-h
Slide 10: Financial Highlights
• Additional contingent cash payments associated with 2021 financial performance Financial Highlights • To further incentivize future financial performance, expect to grant performance stock units $172M Upfront Purchase Price • Mid-teens Adjusted EBITDA multiple if performance milestones are achieve
Slide 11: Appendix
Appendix 11 Confidential and Proprietary
Slide 12: Robotic Changing System
Robotic Changing System Increases flexibility and productivity of industrial, collaborative and medical robots by allowing them to automatically switch tooling during the manufacturing process 12 Confidential and Proprietary
Slide 13: Force/Torque Sensors
Force/Torque Sensors Using the highest sensitivity SOI strain gauges available in the industry, ATI’s Force/Torque sensors provide 6-axis dimensional sensing feedback, essential for high precision robotics applications 13 Confidential and Proprietary
Slide 14: Thank You
Thank You 1) Novanta