Digi International Inc. · NASDAQ:DGII
Digi International — Merger or Acquisition (November 2021)
9 slides from Digi International's merger presentation, Nov 2, 2021
Slide 1: Ventus Holdings Acquisition November 2021
Ventus Holdings Acquisition November 2021
Slide 2: Safe Harbor
| PUBLIC | © DIGI INTERNATIONAL INC. 2 Safe Harbor This presentation includes forward looking statements. These statements reflect our expectations about future operating and financial performance of both the acquired company and Digi following the acquisition and speak only as of the date of this p
Slide 3: Digi Transforms Work by Connecting the World's People and Machines
SCALABILITY MANAGEABILITY SECURITY RELIABILITY Solving MISSION-CRITICAL and BUSINESS-CRITICAL machine communications challenges in the most DEMANDING ENVIRONMENTS • Reliance on Digi’s experience, strength, and quality products Digi differentiates by providing software and service enabled hardware su
Slide 4: Grow ARR and profits faster than top line growth
4 • Grow ARR faster than top line growth • Grow profits faster than top line growth
Slide 5: Ventus is a Wireless Leader in Managed Network as a Service (MNaaS)
| PUBLIC | © DIGI INTERNATIONAL INC. 5 • Managed Network Service market is $57.4B with a projected 7.5% CAGR over the next five years* • MNaaS combines technical design, implementation, and 24x7 expert management of WAN solutions • Ventus services >170,000 sites, has averaged 13% growth, and less th
Slide 6: Ventus Accelerates Digi's Transformation
| PUBLIC | © DIGI INTERNATIONAL INC. 6 Ventus Accelerates Digi’s Transformation • Builds off decades of experience with reliable, wireless edge hardware to enable software, services, and subscription • Long lasting, high retention value proposition and customer relationships more than doubles Digi’s
Slide 7: Attractive Terms and Financing
| PUBLIC | © DIGI INTERNATIONAL INC. 7 Terms • All cash • $347.4M upfront, no earn out • Represents just over eight times recurring revenue Attractive Terms and Financing Financing • New debt facilities: ̶ $350M Term B Loan ̶ $35M Revolver (untapped) • BMO Harris Commitment • Retired existing $48M d
Slide 8: Track Record of Successful Acquisitions in Both Business Segments
| PUBLIC | © DIGI INTERNATIONAL INC. 8 Track Record of Successful Acquisitions in Both Business Segments 2015 2018 2017 2016 2019 Secure IT Infrastructure Task Management & Condition Monitoring Task Management & Condition Monitoring Condition Monitoring Enterprise LTE Networking Solutions Condition
Slide 9: Connect with Confidence
OIG” Connect with Confidence
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