Coppersmith Presentation to Alere Inc Stockholders
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COPPERSMITH
Coppersmith Capital Management, LLC is an investment firm formed in 2012 as a vehicle for event-driven investing in
undervalued small and mid-cap companies undergoing, or capable of, operational and/or structural value enhancement
▪ Formed by Partners Jerome Lande and Craig Rosenblum
▪ Lande and Rosenblum worked together the previous 11 years as the core of the investment team at MMI Investments, L.P.
MMI generated 14% net annualized returns during Mr. Lande's tenure (1998-2011) vs. 4% for the S&P 500
Introduction to Coppersmith
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MMI executed a similar strategy to Coppersmith, last appearing before ISS regarding EMS Technologies, Inc. in 2011
MMI had a generalist mandate, but executed roughly a third of its investments in healthcare
Highly successful track record in effecting change at public companies, including spurring transactions and leadership
change, as well as placing directors with strong operating and strategic outcomes
> Lande and Rosenblum also executed private equity investing for MMI's affiliate, Millbrook Capital Management, Inc.
Coppersmith does not seek to be activist, and prefers to work constructively with its portfolio companies whenever possible
> However, Coppersmith believes strongly in management and Board accountability, and proper corporate governance
Coppersmith believes the best outcomes are collaborative - but you need a willing partnerView entire presentation