Ss&c Technologies Holdings, Inc. · NASDAQ:SSNC
Ss&c Technologies — Merger or Acquisition (January 2018)
17 slides from Ss&c Technologies's merger presentation, Jan 11, 2018
Slide 1: SS&C to Acquire DST Systems
SS&C Technologies (NASDAQ:SSNC) January 11, 2018 Leading Software Provider to the Institutional, Alternative and Wealth Management Markets SS&C to Acquire DST Systems
Slide 2: Safe Harbor Statement
Safe Harbor Statement 1 Safe Harbor Statement Certain information contained in this presentation constitutes forward - looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Forward - looking statements include statements concerning
Slide 3: Disclaimer
Disclaimer 2 Disclaimer For the purposes of the following disclaimers, references to this "presentation" shall be deemed to include references to the presenters' speeches, the question and answer session and any other related verbal or written communications . This presentation is being made to you
Slide 4: SS&C Acquisition of DST
Chart sequence Accent 5 Accent 6 197 199 201 237 169 0 10 133 199 28 114 147 204 104 50 91 155 213 Accent 1 Accent 2 Accent 3 Accent 4 Txt \ L2 Primary Txt \ D1 Txt \ D2 Txt \ L1 230 230 230 0 0 0 255 255 255 0 0 0 SS&C Acquisition of DST 3 • Creates market leading position in investment and wealth
Slide 5: Transaction Summary
Chart sequence Accent 5 Accent 6 197 199 201 237 169 0 10 133 199 28 114 147 204 104 50 91 155 213 Accent 1 Accent 2 Accent 3 Accent 4 Txt \ L2 Primary Txt \ D1 Txt \ D2 Txt \ L1 230 230 230 0 0 0 255 255 255 0 0 0 Transaction Summary 4 • Purchase price of $84.00 per share in an all - cash offer • $
Slide 6: Strategic Rationale
Chart sequence Accent 5 Accent 6 197 199 201 237 169 0 10 133 199 28 114 147 204 104 50 91 155 213 Accent 1 Accent 2 Accent 3 Accent 4 Txt \ L2 Primary Txt \ D1 Txt \ D2 Txt \ L1 230 230 230 0 0 0 255 255 255 0 0 0 Strategic Rationale 5 Combines two highly complementary market leaders • Creates scal
Slide 7: DST at a Glance
Chart sequence Accent 5 Accent 6 197 199 201 237 169 0 10 133 199 28 114 147 204 104 50 91 155 213 Accent 1 Accent 2 Accent 3 Accent 4 Txt \ L2 Primary Txt \ D1 Txt \ D2 Txt \ L1 230 230 230 0 0 0 255 255 255 0 0 0 DST at a Glance 6 Compelling Financial and Business Profile Overview of Offerings Key
Slide 8: Combination Drives Significant Value for Clients
Chart sequence Accent 5 Accent 6 197 199 201 237 169 0 10 133 199 28 114 147 204 104 50 91 155 213 Accent 1 Accent 2 Accent 3 Accent 4 Txt \ L2 Primary Txt \ D1 Txt \ D2 Txt \ L1 230 230 230 0 0 0 255 255 255 0 0 0 Institutional Asset Management • Expands SS&C’s asset management footprint to include
Slide 9: Highly Diversified Business Across Financial Services
Chart sequence Accent 5 Accent 6 197 199 201 237 169 0 10 133 199 28 114 147 204 104 50 91 155 213 Accent 1 Accent 2 Accent 3 Accent 4 Txt \ L2 Primary Txt \ D1 Txt \ D2 Txt \ L1 230 230 230 0 0 0 255 255 255 0 0 0 Alternative 29% Institutional / Traditional 46% Wealth Management 10% Targeted 3% Hea
Slide 10: Proven Track Record of Successful Acquisitions
Chart sequence Accent 5 Accent 6 197 199 201 237 169 0 10 133 199 28 114 147 204 104 50 91 155 213 Accent 1 Accent 2 Accent 3 Accent 4 Txt \ L2 Primary Txt \ D1 Txt \ D2 Txt \ L1 230 230 230 0 0 0 255 255 255 0 0 0 SS&C has completed 48 acquisitions to date Proven Track Record of Successful Acquisit
Slide 11: Proven History of Deleveraging
Chart sequence Accent 5 Accent 6 197 199 201 237 169 0 10 133 199 28 114 147 204 104 50 91 155 213 Accent 1 Accent 2 Accent 3 Accent 4 Txt \ L2 Primary Txt \ D1 Txt \ D2 Txt \ L1 230 230 230 0 0 0 255 255 255 0 0 0 6.8x 3.0x 4.2x 1.5x 4.5x 3.2x 2005 2010 2012 2015 2015 2017 Proven History of Delever
Slide 12: Transaction Meets ALL Key Criteria
Chart sequence Accent 5 Accent 6 197 199 201 237 169 0 10 133 199 28 114 147 204 104 50 91 155 213 Accent 1 Accent 2 Accent 3 Accent 4 Txt \ L2 Primary Txt \ D1 Txt \ D2 Txt \ L1 230 230 230 0 0 0 255 255 255 0 0 0 Transaction Meets ALL K ey C riteria 11 Strategic fit x Value creation x Timing x Abi
Slide 13: Appendix
Appendix
Slide 14: Combined Revenue Reconciliation
Chart sequence Accent 5 Accent 6 197 199 201 237 169 0 10 133 199 28 114 147 204 104 50 91 155 213 Accent 1 Accent 2 Accent 3 Accent 4 Txt \ L2 Primary Txt \ D1 Txt \ D2 Txt \ L1 230 230 230 0 0 0 255 255 255 0 0 0 Combined Revenue Reconciliation 13 Twelve months ended ($ in millions) 9/30/2017 SS&C
Slide 15: SS&C Consolidated EBITDA Reconciliation
Chart sequence Accent 5 Accent 6 197 199 201 237 169 0 10 133 199 28 114 147 204 104 50 91 155 213 Accent 1 Accent 2 Accent 3 Accent 4 Txt \ L2 Primary Txt \ D1 Txt \ D2 Txt \ L1 230 230 230 0 0 0 255 255 255 0 0 0 SS&C Consolidated EBITDA Reconciliation 14 Twelve months ended ($ in millions) Septem
Slide 16: DST Adjusted EBITDA Reconciliation
Chart sequence Accent 5 Accent 6 197 199 201 237 169 0 10 133 199 28 114 147 204 104 50 91 155 213 Accent 1 Accent 2 Accent 3 Accent 4 Txt \ L2 Primary Txt \ D1 Txt \ D2 Txt \ L1 230 230 230 0 0 0 255 255 255 0 0 0 DST Adjusted EBITDA Reconciliation 15 Twelve months ended ($ in millions) September 3
Slide 17: Consolidated EBITDA and Net Debt Reconciliation
Chart sequence Accent 5 Accent 6 197 199 201 237 169 0 10 133 199 28 114 147 204 104 50 91 155 213 Accent 1 Accent 2 Accent 3 Accent 4 Txt \ L2 Primary Txt \ D1 Txt \ D2 Txt \ L1 230 230 230 0 0 0 255 255 255 0 0 0 Consolidated EBITDA and Net Debt Reconciliation 16 (1) As adjusted to give effect to
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