Insight Enterprises, Inc. · NASDAQ:NSIT
Insight Enterprises — Merger or Acquisition (December 2023)
9 slides from Insight Enterprises's merger presentation, Dec 1, 2023
Slide 1: Insight Enterprises Acquires SADA
Insight Enterprises Acquires SADA Conference Call and Webcast Insight Proprietary & Confidential. Do Not Copy or Distribute. © 2023 Insight Direct USA, Inc. All Rights Reserved. 1
Slide 2: Disclosures
Disclosures • Safe harbor statement This presentation includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 related to Insight’s plans and expectations. Statements that are not historical facts, including those related to our expectations ab
Slide 3: Our strategy is to become THE leading Solutions Integrator
Our strategy is to become THE leading SOLUTIONS INTEGRATOR The pillars of our strategy are: CAPTIVATE SELL DELIVER CHAMPION Clients Solutions Differentiation our Culture ≠ Systems Integrator Solutions Reseller Integrator Distributor Insight Proprietary & Confidential. Do Not Insight Proprietary Copy
Slide 4: Insight acquires SADA
Insight acquires SADA OVERVIEW KEY TRANSACTION TERMS • On December 1, 2023, Insight acquired SADA, one • Cash consideration of $410 million of the largest Google Cloud Platform partners globally • Additional earnout of up to $390 million (with a target of $210 million) over a three-year period • SAD
Slide 5: Strategic Rationale
Strategic Rationale Accelerates Insight’s Solutions Integrator strategy Adds specialized Google Cloud sales, delivery and technical resources Complementary culture and values Accretive to top line, gross profit, EBITDA and adj. diluted EPS Expands delivery capabilities in India Insight Proprietary &
Slide 6: Insight and SADA
Insight and SADA 13,500+ 6,000+ ~850 400+ Teammates Technical Teammates Technical worldwide Teammates* worldwide teammates $10.4B $1.6B $251M $200M 2022 Net Sales 2022 Gross Profit 2022 Net Sales 2022 Gross Profit 65+ 22 6 10 Microsoft Partner of Microsoft Google Cloud Partner Google Cloud the Year
Slide 7: Seasonality
Seasonality • SADA’s business reflects significant seasonality • Historically, SADA has generated negative to low related to a concentration of client renewals in the EBITDA in the first half of the year and fourth quarter. December is SADA’s strongest significantly improved EBITDA in the second hal
Slide 8: Full Year 2023 Outlook
Full Year 2023 Outlook Assumptions: As of December 1, 2023 As of November 2, 2023 Gross profit growth low to mid single digit low single digit Adjusted diluted EPS** $9.60 - $9.90* $9.40 - $9.60 Interest expense $47 - $49 million $45 - $47 million Effective tax rate 25% - 26% 25% - 26% Capital expen
Slide 9: Thank You
Thank You Insight Proprietary & Confidential. Do Not Copy or Distribute. Insight Proprietary & Confidential. Do Not Copy or Distribute. © © 2023 2023Insight Direct Insight USA, Direct USA,Inc. AllAll Inc. Rights Reserved. Rights Reserved. 9
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