Adt Inc. · NYSE:ADT
Adt — Merger or Acquisition (February 2016)
12 slides from Adt's merger presentation, Feb 16, 2016
Slide 1: ADT Leadership Update
ADT Leadership Update Naren Gursahaney February 16, 2016
Slide 2: Forward Looking Statements
Forward Looking Statements ADT Security Services proprietary and business confidential. For internal use only – not for distribution. FORWARD-LOOKING STATEMENTS This communication includes "forward-looking statements," as that term is defined by the federal securities laws. The forward-looking state
Slide 3: Today's Press Release Highlights
Today’s Press Release Highlights ADT Security Services proprietary and business confidential. For internal use only – not for distribution. Apollo Global Management (“Apollo”) has entered into an agreement to buy ADT for $42/share ADT’s Board of Directors has unanimously approved this transaction Th
Slide 4: Apollo Overview
Apollo Overview Overview Founded in 1990, Apollo is a global alternative asset manager focusing on private equity, distressed debt, mezzanine and real estate investing with a total of approximately $162 billion under management of which $41 billion in assets in private equity Apollo focuses on oppor
Slide 5: Protection Overview
Protection 1 Overview Business Description Protection 1 provides electronic security alarm monitoring services to residential, business and national account clients such as Rite Aid, Access Financial among others Broad range of products offered including intrusion, fire, access control and video sol
Slide 6: The Combined Business
The Combined Business ADT Security Services proprietary and business confidential. For internal use only – not for distribution. ADT Protection 1 Combined Revenues $3.6B $0.6B $4.2B RMR $278M $40M $318M EBITDA $1.8B $0.2 $2.0B EBITDA Margin 51% 35% 48% Subscribers 6.6M 1.7M 8.3M Employees 17,000 4,0
Slide 7: Why This Deal Makes Sense
Why This Deal Makes Sense ADT Security Services proprietary and business confidential. For internal use only – not for distribution. Purchase price reflects a significant premium to ADT’s current share price and recent trading trends With Apollo, we have a sophisticated buyer who understands our bus
Slide 8: What's Next?
What’s Next? ADT Security Services proprietary and business confidential. For internal use only – not for distribution. The deal still requires ADT shareholder and customary regulatory approvals Until we close the transaction, we must operate as separate companies and vigorously compete in the marke
Slide 9: Rules of the Road
Rules of the Road ADT Security Services proprietary and business confidential. For internal use only – not for distribution. DO NOT act as if ADT and Protection 1 have merged until the merger occurs after closing DO NOT make joint sales calls to customers DO NOT discuss or agree to split or allocate
Slide 10: What are Leaders Responsibilities in the Transaction?
What are Leaders Responsibilities in the Transaction? ADT Security Services proprietary and business confidential. For internal use only – not for distribution. Allow yourself to deal with the change and support your employees Understand that there will be mixed emotions and change often brings anxi
Slide 11: What are Leaders Responsibilities in the Transaction?
What are Leaders Responsibilities in the Transaction? ADT Security Services proprietary and business confidential. For internal use only – not for distribution. Keep informed on the transaction and reinforce the messages with our employees Share feedback with the ELT on your thoughts, those of co-wo
Slide 12: Questions?
Questions? ALL IN