Arcosa, Inc. · NYSE:ACA
Arcosa — Merger or Acquisition (October 2020)
8 slides from Arcosa's merger presentation, Oct 13, 2020
Slide 1: Overview of Strata Materials Acquisition
Exhibit 99.2 Overview of Strata Materials Acquisition October 12, 2020
Slide 2: Forward-Looking Statements
Forward-Looking Statements Some statements in this presentation, which are not historical facts, are “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements about Arcosa’s estimates, expectations, beliefs, intenti
Slide 3: Executive Summary
Executive Summary . On October 12th, 2020, Arcosa announced that it acquired Strata Materials (“Strata”) for a purchase price of $87M . Strata is a leading provider of recycled aggregates in the Dallas-Ft. Worth area, with 5 recycled aggregates locations and 1 natural aggregates plant. Strata had tr
Slide 4: Strata Materials Highlights
Strata Materials Highlights Recycled Aggregates Natural Aggregates • ~80% of Revenue • ~20% of Revenue 6 • 5 locations across DFW • 1 location serving Southeast DFW DFW Locations 2M+ Tons Produced Annually . Strata provides a variety of material types derived from . Strata also mines sand & gravel u
Slide 5: Recycled Aggregates Overview
Recycled Aggregates Overview Strata acquisition builds on Cherry’s leadership position in recycled aggregates, a growing product category due to ESG and economic benefits Demand drivers Description . Virgin natural aggregates are becoming more scarce near established metropolitan areas, as Resource
Slide 6: Strata Materials Investment Highlights
Strata Materials Investment Highlights Expands ability to serve DFW customers with a Leverages Cherry’s Gains access to permitted complementary product operating and commercial locations in key growth offering that includes both expertise to drive areas of DFW market natural and recycled incremental
Slide 7: Appendix
Appendix
Slide 8: Non-GAAP Measures
Non-GAAP Measures “Adjusted EBITDA” is defined as Strata’s pro-forma net income plus interest expense, income taxes, depreciation and amortization, and other adjustments, including compensation adjustments and non-recurring / non-operational expenses. GAAP does not define Adjusted EBITDA and it shou