Patrizia Se · XETR:PAT
Patrizia — Merger or Acquisition (September 2021)
10 slides from Patrizia's merger presentation, Sep 13, 2021
Slide 1: M&A | Whitehelm Capital
M&A | Whitehelm Capital Analyst & investor call presentation 13 September 2021 1
Slide 2: Transformational acquisition of infrastructure investment manager Whitehelm
Transformational acquisition of infrastructure investment manager Whitehelm… Key messages I Transformational deal that repositions PATRIZIA into a global real asset / alternatives investment manager Infrastructure AUM1) triple to c. EUR 5.0bn2) with mid-term goal to grow the segment to EUR 15 to 20b
Slide 3: Significantly strengthens PATRIZIA as a leading partner for global real assets
…significantly strengthens PATRIZIA as a leading partner for global real assets Key messages II Perfect cultural fit. Whitehelm team with entrepreneurial mindset. Consideration to be paid in cash and PATRIZIA shares. Selling Whitehelm shareholders have agreed to lock-up period for PATRIZIA shares al
Slide 4: Experienced and independent infrastructure manager with entrepreneurial mindset
Experienced and independent infrastructure manager with entrepreneurial mindset Whitehelm | Facts & Figures Positioning One of the world’s most experienced infrastructure manager & investment strategy adviser Founded in 1996 Number of employees > 60 Office locations 3 offices in Australia and UK: Sy
Slide 5: Infrastructure Equity, Debt and Listed funds broaden PATRIZIA's product shelf
Infrastructure Equity, Debt and Listed funds broaden PATRIZIA’s product shelf Whitehelm | AUM split - well diversified by sector and geography1) AUM by sector AUM by geography2) AUM by product3) 3% 17% 9% 16% 28% 12% 6% 6% 8% 53% 13% 65% 9% 13% 23% 9% 10% Australia & NZ Europe Transport Social Direc
Slide 6: Repositions PATRIZIA into a global real assets investment manager
Repositions PATRIZIA into a global real assets investment manager Whitehelm | Expanded infrastructure investment opportunities for clients PRODUCT OVERVIEW FUNDS / VEHICLES Direct Infrastructure • European Infrastructure Fund II (EIF II) PATRIZIA will be well positioned to Equity • Smart Cities Infr
Slide 7: Complementary and diversified client base with focus on Pension Funds and APAC
Complementary and diversified client base with focus on Pension Funds and APAC Whitehelm | Client composition Committed capital by investor Committed capital by type1) geographies2) 2% 2% 2% 2% 1% 1% 1% 3% 3% 9% 17% 66% 91% Pension funds Insurers Australia Netherlands Denmark FoF Govt. fund UK Germa
Slide 8: PATRIZIA delivers on its communicated mid-term strategy
PATRIZIA delivers on its communicated mid-term strategy Whitehelm | Broadening of product offering Whitehelm fills in a number of product gaps in …and broadens PATRIZIA’s investment capabilities PATRIZIA‘s current real asset offering… into both APAC and the US Core Core+ Value-add Opportunistic Priv
Slide 9: Infrastructure offering accelerates PATRIZIA's ESG strategy execution
Infrastructure offering accelerates PATRIZIA‘s ESG strategy execution Sustainability strategy Whitehelm… • … is a signatory of the United Nations Principles of Responsible Acquisition accelerates the execution of PATRIZIA‘s Investments (UN PRI) sustainability strategy with the clear ambition of achi
Slide 10: Accretive to operating income from Day 1
Accretive to operating income from Day 1 Whitehelm | Financial implications • Initial purchase price payment of EUR 67m due at closing (expected Q1 2022) Predicted Development of Whitehelm infrastructure AUM • Total deal consideration with the potential to increase to a low three-digit EURm range if