John Wiley & Sons, Inc. · NYSE:WLY
John Wiley & Sons — Merger or Acquisition (May 2014)
12 slides from John Wiley & Sons's merger presentation, May 30, 2014
Slide 1: Acquisition Update May 2014
WILEY Acquisition Update May 2014
Slide 2: Safe Harbor Statement
Safe Harbor Statement This presentation contains certain forward-looking statements concerning the Company's operations, performance, and financial condition. Reliance should not be placed on forward-looking statements, as actual results may differ materially from those in any forward-looking statem
Slide 3: Investment Focus
Investment Focus • Ongoing migration to knowledge-enabled solutions • Targeting 25% share of revenue from solutions by FY17 • Opportunity runs through Professional Development and Education • Acquisitions to play a key role in reaching our target Online Test Talent Talent Year Education Preparation
Slide 4: Addressing the Talent Gap
Addressing the Talent Gap • An organization’s human capital is its key differentiator in a rapidly-changing global economy • Talent gap is accelerating around the world as organizations compete for skilled workers • Professionals require new and/or updated skills to compete in a fast-paced economy t
Slide 5: eLearning Opportunity
eLearning Opportunity • Corporations shifting away from face-to-face training toward eLearning for improved effectiveness, speed, global scalability, cost-to-train, and customization — 75% of large companies and 77% of SMBs plan to utilize online or hybrid solutions over the next three years, up fro
Slide 6: Why CrossKnowledge?
Why CrossKnowledge? • eLearning is a critical component of Attribute Description talent management strategy Solutions Designs and delivers elearning and training focused on management, • One of only a few companies to provide leadership and business skills. a fully integrated solution across Provide
Slide 7: Pre-Hire Assessment Opportunity
Pre-Hire Assessment Opportunity • Scientifically-based assessment in corporate hiring is growing rapidly worldwide — Growing at 10-15% year-over-year; higher in emerging markets and SMB market* — $1.3B spent annually on pre-hire assessments** • Highly fragmented; no dominant player in the space • Co
Slide 8: Why Profiles International?
Why Profiles International? • Pre-hire assessment is a Attribute Description necessary component of a Solutions Provides scientifically sound complete solution assessments used to screen candidates and employees; • Well-regarded job matching and Measures knowledge, skills, performance modeling manag
Slide 9: Inscape + Profiles + CrossKnowledge
Inscape + Profiles + CrossKnowledge • Creation of an end-to-end talent management solution (assessment through development) – significant value proposition for customers • Opportunities to leverage broad set of sales resources, content and solutions across broader base of existing global customers D
Slide 10: Financial Performance
Financial Performance Purchase Price FY13 Revenue FY13 EBITDA Margin CrossKnowledge $175M $38M 24% (ending June 30, 2013) (ending June 30, 2013) Profiles International $51M $27M 19% (ending Dec 31, 2013) (ending Dec 31, 2013) • Wiley talent management portfolio now roughly $100M in annual revenue an
Slide 11: Summary
Summary • Wiley’s migration to knowledge-based solutions has accelerated — Focusing on education through employment, particularly online education, test preparation, talent assessment, and talent development — On track to meet FY17 goal of 25% of revenue coming from solutions • Acquired businesses s
Slide 12: Acquisition Update May 2014
WILEY Acquisition Update May 2014