Canaccord Genuity Group Inc. · TSX:CF
Canaccord Genuity — Merger or Acquisition (July 2017)
10 slides from Canaccord Genuity's merger presentation, Jul 5, 2017
Slide 1: Moving forward with our global wealth management strategy
Moving forward with our global wealth management strategy JULY 5, 2017 To us there are no foreign markets.™
Slide 2: Caution regarding forward looking statements
Caution regarding forward looking statements This document may contain certain “forward-looking information” (as defined under applicable securities laws). These statements relate to future events or future performance and include management’s expectations, beliefs, plans, estimates, intentions, and
Slide 3: Transaction summary
Transaction summary A powerful, market leading combination Canaccord Genuity Wealth Management to acquire 100% of outstanding shares of Hargreave Hale Limited Hargreave Hale a leading, UK-based independent wealth management business with £8 billion1 in assets under administration and management in
Slide 4: Transaction supports strategy to expand global wealth management
Transaction supports strategy to expand global wealth management Positioned for margin expansion and enhanced earnings as we increase scale across wealth management UK & Europe wealth management Well positioned for consolidation: operational and technology platform facilitating growth and cost eff
Slide 5: Current platform: UK & Europe Wealth Management
Current platform: UK & Europe Wealth Management $24.5 B/ Offices in London, Jersey, Guernsey and Isle of Man; 118 Investment Professionals £14.7 B Disciplined Investment Process with collaborative and multi-disciplinary approach across various Investment, Asset Allocation & Stock Selection Commi
Slide 6: Current platform: Hargreave Hale
Current platform: Hargreave Hale PRIVATE CLIENT DIVISION £8.0 B Assets under £2.8 B 61 £1.0 B administration & Assets under Investment Execution only management Managers management1 Execution only Advisory Managed • Dealing only • Share dealing service • Portfolio £48.0 M • No advice or recommendati
Slide 7: Minimal overlap in clients and revenue
Minimal overlap in clients and revenue DISCRETIONARY PORTFOLIO MANAGEMENT | ADVISORY AND EXECUTION STOCKBROKING | WEALTH PLANNING | ESTABLISHED FUND MANAGEMENT CANACCORD GENUITY WEALTH HARGREAVE HALE LIMITED MANAGEMENT UK & EUROPE • Over 14,000 private clients across 9 national • Over 12,000 private
Slide 8: Combination supported by compelling strategic rationale
Combination supported by compelling strategic rationale A TOP 10 WEALTH MANAGER IN AN INDUSTRY WHERE SCALE Rationale REPRESENTS A SIGNIFICANT ADVANTAGE • Complementary business models (£bn) 79.8 Canaccord Genuity Hargreave Hale • Limited overlap in respective client networks creates substantial cros
Slide 9: Shared strengths and complementary differences
Shared strengths and complementary differences Discretionary investment management services targeted to HNW/mass-affluent investors Execution only capability Market-leading fund management offerings Small and mid-market focus Building a leading wealth manager in the Access to global in
Slide 10: Summary of transaction terms
Summary of transaction terms • Canaccord Genuity Wealth Management in the UK & Europe, a division of Canaccord Genuity Group Inc. (TSX:CF) to acquire 100% of Transaction Hargreave Hale Limited • Initial consideration of £52.0 million (C$87.9 million) • Additional contingent consideration of up to £2
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