Brivo SPAC Presentation Deck
Pure play, cloud-based
smart building access
management company
with a diversified,
technology-enabled
ecosystem
Note: See page 37 for a detailed transaction overview. Assumes conditions to the closing of the
PIPE transaction are satisfied including satisfaction of a minimum cash condition.
(2)
Assumes no redemptions. PIPE anticipated to be structured as convertible note.
Assumes termination of existing revolver and no entrance into a new revolver.
Business
Overview
Transaction
Structure
Valuation
Capital
Structure
Ownership
Pure play cloud-based, smart building access management
company with a diversified, technology-enabled ecosystem.
Comprehensive platform delivered through SaaS
and loT.
Business combination with Crown Prop Tech Acquisitions (NYSE:
CPTK)
CPTK is a publicly listed special purpose acquisition company
with $276 million cash in trust; anticipated PIPE of $75 million. (1)
$808 million pro forma enterprise value. Attractively valued
entry multiple for an expected high growth business.
$304 million (1) pro forma cash on balance sheet and no debt (²)
(other than a convertible note) immediately following the closing
of the transaction.
Existing Brivo shareholders will be rolling 100% of their equity.
Brivo shareholders expected to own 69% of CPTK's common
stock post-transaction.
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