Abm Industries Incorporated · NYSE:ABM
Abm Industries — Merger or Acquisition (August 2021)
7 slides from Abm Industries's merger presentation, Aug 25, 2021
Slide 1: ABM Industries Acquisition of Able Services
ABM Industries Acquisition of Able Services August 25, 2021 1
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains both historical and forward-looking statements addressing the plan of ABM Industries Incorporated (together with its subsidiaries, collectively referred to as “ABM,” “we,” “us,” or “our,”) to acquire Able Services (together with their subsidiarie
Slide 3: Highlights: Able Services will elevate ABM's value proposition
Highlights | Able Services will elevate ABM’s value proposition by expanding footprint, scale, and capabilities 1 Strategic combination of two premier companies with complementary cultures and business models 2 Builds scale in Engineering and Janitorial Services — key long-term growth areas for ABM
Slide 4: Able Services Overview
Able Services Overview | Acquisition expands ABM’s core offering and accelerates our integrated facility services solution Able Services at a glance Able Services is one of the largest family-owned full-service 1.3+ Billion ~13,000 engineering and janitorial companies Square Feet Serviced Employees
Slide 5: Key Transaction Terms
Key Transaction Terms | Combination offers strong synergies in a transaction that is accretive to Adjusted EPS Structure & • ABM to acquire Able Services for $830 million Consideration • Purchase price represents 8.3x EV / adjusted EBITDA including the value of anticipated synergies • Consideration
Slide 6: Fit with ABM Strategic Priorities
Fit with ABM Strategic Priorities | Complementary strategic fit with opportunity for enhanced customer experience Provides Important Builds Upon Our Core Team Member Leverages ABM’s Offerings Advancement Technology Investments Opportunities Drives growth in core janitorial Adds engineering and j
Slide 7: Building Value
Asm. | 2&4 Building Value