Adt Inc. · NYSE:ADT
Adt — Merger or Acquisition (February 2016)
14 slides from Adt's merger presentation, Feb 16, 2016
Slide 1: Schedule 14A Information Required in Proxy Statement
SCHEDULE 14A (Rule 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant x Filed by a Party other than the Registrant ¨ Check the appropriate box; ¨ Preliminary Proxy Statemen
Slide 2: Forward Looking Statements
Forward Looking Statements This communication contains certain information that may constitute “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. While we have specifically identified certain information as being forward-looking in the conte
Slide 3: Forward Looking Statements (continued)
associated with ownership of the ADT® brand name outside of the United States and Canada by Tyco and other third parties; failure to enforce our intellectual property rights; allegations that we have infringed the intellectual property rights of third parties; failure of our independent, third party
Slide 4: Additional Information and Where to Find It
Investors will be able to obtain free of charge the proxy statement and other documents filed with the SEC at the SEC’s website at http://www.sec.gov. In addition, the proxy statement and our annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and amendments to t
Slide 5: ADT Employee Update
ADTEmployeeUpdate NarenGursahaney February16, 2016
Slide 6: Forward-Looking Statements
ForwardLooking Statements FORWARD-LOOKING STATEMENTS This communicationincludes "forward-looking statements," as thatterm is defined by the federal securitieslaws. The forward-looking statementsinclude statements concerning regulatoryapprovalsand the expectedtiming, completion and effects of the pro
Slide 7: Today's Press Release Highlights
Today’sPressReleaseHighlights • Apollo Global Management (“Apollo”) hasentered into an agreement to buy ADT for $42/share • ADT’sBoard of Directorshas unanimouslyapprovedthis transaction • Thisagreement is subject to ADT shareholderand customary regulatoryapprovals • Pendingthese approvals,we expect
Slide 8: Apollo Overview
Apollo Overview Overview 10 Largest Investments as SoleInvestor Foundedin 1990, Apollo is a global alternative Date Investment Deal Size Equity ($mm) Contributio asset manager focusingon private equity, n ($mm) distresseddebt, mezzanineand real estate 17-Dec-06 $8,337 $2,000 investingwith a total of
Slide 9: Protection1 Overview
Protection1 Overview BusinessDescription 2015 BusinessMix Protection 1 provideselectronic securityalarm monitoring servicesto ByRegion ByBusiness residential, businessand national accountclientssuchas Rite Aid,Access Financial amongothers National Broadrange of productsoffered including intrusion,fi
Slide 10: The Combined Business
TheCombinedBusiness 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 4,000 21,000 ADT Security Services proprietary and business confidential. For internal use only – not for distri
Slide 11: Why This Deal Makes Sense
Why ThisDeal Makes Sense • Purchaseprice reflects a significant premium to ADT’scurrent share price and recent tradingtrends • With Apollo, we have asophisticated buyerwho understandsour business model and supports the strategy we are pursuing • The combined businesswill allow us to accelerate ourke
Slide 12: What's Next?
What’s Next? • Thedeal still requires ADTshareholderand customaryregulatory approvals • Until we close the transaction,we must operateas separate companiesand vigorously competein the marketplace • At some time in the future, we will begin integration planning, but integration cannot happen until af
Slide 13: Rules of the Road
Rulesof the Road • DONOTact asif ADTand Protection1 have mergeduntil the mergeroccursafter closing – DONOTmake joint sales calls to customers – DONOTdiscussor agree tosplit or allocatecustomers – DONOTdiscusspricing or any other sensitivecompetitive information – DONOTdiscussthis transactionwith any
Slide 14: Questions?
Questions? ALL IN