Veeva Systems Inc. · NYSE:VEEV
Veeva Systems — Merger or Acquisition (September 2015)
9 slides from Veeva Systems's merger presentation, Sep 29, 2015
Slide 1: Veeva Acquires Zinc Ahead
Veeva Acquires Zinc Ahead Analyst & Investor Briefing September 29, 2015
Slide 2: Safe Harbor
Safe Harbor This presentation contains forward-looking statements, including the market demand for and acceptance of marketing compliance solutions and Veeva’s Vault PromoMats solution and related services, the results from the use of the Vault PromoMats solution and related services, customer suppo
Slide 3: Veeva Acquires Zinc Ahead
Veeva Acquires Zinc Ahead A leader in commercial content management $130M cash consideration Transaction closed today ®2015 Veeva Systems veeva.com | 3
Slide 4: Transaction Summary
Transaction Summary Zinc domain expertise & customer relationships Strategic + Veeva’s strength in cloud applications & platforms Rationale = Leadership for broader commercial opportunity • $130M transaction value • $127M net of cash acquired • $120M cash up front; $10M deferred over three years Con
Slide 5: Zinc Ahead Overview
Zinc Ahead Overview Founded in 2001 Leading provider of life sciences marketing Based in Oxford, UK compliance solutions Stats ~190 employees Renowned domain expertise 120 customers Deep industry relationships Financials Extraordinary customer Revenue run-rate ~$30M loyalty ~25% top line growth EBIT
Slide 6: Strategic Rationale
Strategic Rationale • Cements leadership in life sciences commercial content management • Improves position to capture more of the Commercial Cloud opportunity • Speeds Veeva’s move to become industry standard for enterprise content management ®2015 Veeva Systems veeva.com | 6
Slide 7: Product Roadmap
Product Roadmap Vault Promomats will be the go forward product Zinc MAPS will be supported at least through 2020 Zinc CEO James Brown to lead commercial Vault ®2015 Veeva Systems veeva.com | 7
Slide 8: Estimated Adjustments to Financial Guidance
Estimated Adjustments to Financial Guidance Q3’16 FY2016 Revenue¹ Increase of $0.8 – 1.0M Increase of $3.5 – 4.5M Operating income Decrease of ~$2.0M Decrease of $5.0-6.0M EPS Decrease of one cent Decrease of 2-3 cents Billings² Increase of ~$3M Increase of $13-14M ¹ Includes write-downs of approxim
Slide 9: Veeva Acquires Zinc Ahead
Veeva Acquires Zinc Ahead Analyst & Investor Briefing September 29, 2015
Veeva Systems — Merger or Acquisition (September 2015) on 6ix