Ama Group Limited · ASX:AMA
Ama — Merger or Acquisition (September 2015)
8 slides from Ama's merger presentation, Sep 14, 2015
Slide 1: Acquisition of Gemini Accident Repair Centres
For personal use only ACQUISITION OF GEMINI ACCIDENT REPAIR CENTRES
Slide 2: Transaction highlights
Transaction highlights Gemini – Australia’s largest accident repair group For personal use only — Gemini Accident Repair Centres Pty Ltd (“Gemini”) has 40 panel repair centres across Australia and 1 in New Zealand, with group revenue of $150 million in FY15 — Combined with AMA’s presence, the group
Slide 3: Gemini overview
Gemini overview Gemini is one of Australia’s leading panel repair groups For personal use only — Gemini was founded in 2009 in Perth by Andrew Hopkins — Group operations now include: • 40 panel repair centres across Australia • 1 panel repair centre in Auckland, New Zealand • 1 mechanical repair cen
Slide 4: Combined group
Combined group Highly complementary skills and capabilities with significant cost-savings and synergies For personal use only — Gemini’s sophisticated centralised control systems together with AMA’s operations management platform and the combined group procurement capabilities are expected to genera
Slide 5: Transaction structure
Transaction structure Transaction structured to protect AMA’s balance sheet and recognise performance delivery For personal use only — Maximum consideration of $100 million which would equate to an EBITDA multiple of 7.5 times but subject to Gemini achieving minimum EBITDA performance hurdle — Upfro
Slide 6: Summary
Summary For personal use only Transformational deal- AMA cementing its leading position in Australian panel repair market — Gemini transaction has significant strategic value to AMA in re-shaping the accident repair landscape • Combined group is leading operator with annualised revenue of more than
Slide 7: Appendix: National footprint
Appendix: National footprint For personal use only Melbourne Sydney AMA repair centre Gemini repair centre AMA GROUP LIMITED 6
Slide 8: Appendix: National footprint (continued)
Appendix: National footprint (continued) For personal use only Perth SE Queensland Regional Queensland AMA repair centre Gemini repair centre AMA GROUP LIMITED 7