John Wiley & Sons, Inc. · NYSE:WLY
John Wiley & Sons — Merger or Acquisition (October 2018)
13 slides from John Wiley & Sons's merger presentation, Oct 9, 2018
Slide 1: Learning House Acquisition
Learning House Acquisition Tech-enabled education services for universities, corporations, students and professionals October 9, 2018 Learning House Acquisition
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: Learning House extends Wiley's leadership position in tech-enabled education services
Learning House extends Wiley’s leadership position in tech-enabled education services that help universities and students to succeed Combination makes Wiley a leader in rapidly-growing $2.3B OPM* market space Unmatched portfolio of partners (60+) and programs (800+) – the “Wiley network effect” Unpr
Slide 4: Learning House by the numbers
Learning House by the numbers Financing • Purchase price of $200M in cash • Funded through Wiley’s $1.1B revolving credit facility • Wiley net debt to EBITDA end of FY2018 was 0.5 Revenue • $70M forecasted revenue for FY2018, growing mid-to-high teens • OPM (80%), Teacher Advancement (13%), Bootcamp
Slide 5: Unmatched range of partners and programs
Unmatched range of partners and programs Partner base Wiley Partners (35) Education Services* National institutions 45% 0% Regional - mid 50% 75% Regional - small 5% 25% Graduate 85% 60% Undergraduate 15% 40% Wiley Education Services also has 5 international partners LH Partners (25+) • Learning Hou
Slide 6: Leadership position in large regional market
Leadership position in large regional market Regional universities and colleges must compete LH OPM Impact on enrollments effectively to grow and sustain revenue 2013 2016 Robust online programs from Wiley are both a Pre-Partnership Partnership impact Increased competition 149% growth in online enro
Slide 7: Wiley delivers unrivaled depth, breadth, reach
Wiley delivers unrivaled depth, breadth, reach Attribute Wiley How differentiated Master’s, bachelor’s, short courses, Credential offerings Unmatched range and flexibility bootcamps, professional training Recruiting, enrollment, marketing, Service offerings instructional design, retention, End-to-en
Slide 8: The Wiley network effect
The Wiley network effect Wiley has the largest university reach. Wiley-LH OPM partner institutions 60+ Institutions will drive to providers with the largest footprints and greatest impact Wiley fee for service institutions Institutions also choose partners based on 60+ reputation, long-term stabilit
Slide 9: Poised to capture a bigger market opportunity
Poised to capture a bigger market opportunity $2B+ OPM Market $10B+ Education Services Market OPM & Bootcamps & Pathway Teacher University Services Short Courses Programs Advancement $2B+ total market $1B+ total market $1.5B+ total market $4B+ total market 10% annual growth Early stage market Expand
Slide 10: Extending to $70B+ delivery and services market
Extending to $70B+ delivery and services market Wiley is a key player in the global education megatrend Universities and corporations focused on solving the skills gap Universities outsourcing activities to improve efficiencies Universities and corporations both partnering with education companies P
Slide 11: Wiley connects university, student and employer
Wiley connects university, student and employer University Partners Individuals Corporate Partners Branded Online Programs Students Professionals Branded Learning/Upskilling Recruiting & Retention Job Matching Network Branded Skills Training Leadership & Pre-hire Assessment Teacher Credentialing Sho
Slide 12: Wiley's goal: education with impact
Summary Wiley’s goal: education with impact Solving the skills gap Wiley partners with both university and employer to help them deliver the right educational outcome – the right applicant, the right student, the right credential, the right skills, the right job candidate, the right employee, and th
Slide 13: Summary
Summary Combination makes Wiley a leader in rapidly-growing $2.3B OPM* market space Unmatched portfolio of partners (60+) and programs (800+) – the “Wiley network effect” Unprecedented diversity and range - large, medium, and small institutions – grad and undergrad - international Unrivaled brand, r
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