Investor Presentation December 2019
Vertiv Will be Supported by Best-In-Class Sponsorship
Investments Align Interests
SHAREHOLDERS WELL ALIGNED TO DELIVER SUCECSS
VERTIV
VERTIVM
+
Management Investing
✓ Great position in a good
industry
Solid Organic growth
Inorganic growth - lots of
possibilities
Significant margin expansion
✓ Good cash flow
Culture already begun
-
We believe this is a well-
structured transaction...good
balance sheet...priced right
.
•
DAVID COTE
$20mm PIPE Investment
Renowned diversified industrial
executive with a proven track
record of delivering
shareholder value consistently
over time
Honeywell's market cap
increased by $92bn to $112bn
or 5.7x2 under his stewardship
• Total shareholder return of
797% 1,2
HON TOTAL SHAREHOLDER
RETURN DURING COTE'S TENURE
797 %
321 %
(32)%
(3)%
Pre Cote (5 Years) 1
■ HON
Since Jan-20032
■ S&P500
+
GOLDMAN SACHS
+
$100mm PIPE Investment
Operating capabilities of David
Cote complemented by
investing, advisory, and
sourcing capabilities of
Goldman Sachs
Dedicated investment team with
significant experience
investing in public and private
markets
Premier investment bank with a
diversified franchise and
excellent reputation across
businesses and geographies
Note: Goldman Sachs intends to
syndicate up to its full portion of the
PIPE to certain of its employees and
associates of David Cote and as a
result could end up with no
investment in the PIPE³
PLATINUM EQUITY
$1.3bn of Equity Rollover4
Leading global private equity firm
Platinum's private equity
business has more than $23bn
AUM
Platinum has invested in 250+
portfolio companies since
inception with significant
experience in the Industrial &
Technology sectors
SELECT PRIOR INVESTMENTS
MULTICOLOR
GLOBAL LABEL SOLUTIONS
Kymera PAE
INTERNATIONAL
HUSKY (United INTERIOR
SITE SERVICES
LOGIC GROUP
CompuCom POMEROY
RElectro Rent
YAK ACCESS
Note: Illustrative mid-term perspective for the period from 01-Jan-1998 to 31-Dec-2002. 2 For the period from 01-Jan-2003 to 18-Apr-2018. 2003 was the first full year David Cote was CEO of Honeywell. David Cote served as CEO until Mar-2017 and remained non-Executive
Chairman of Honeywell until Apr-2018. 3 Maximum syndication to associates of David Cote will be limited to $20mm. 4 Inclusive of other Vertiv shareholders.
4View entire presentation