Investor Presentation December 2019 slide image

Investor Presentation December 2019

8 We Believe Valuation is Attractive... Discount to Peers Attractive entry point with a deal valuation comparatively at discount to peers Large and growing addressable market with secular industry tailwinds Potential for value creation driven 9.8 x 2019 EV/EBITDA VERTIV Median: 15.0 x 17.7 x 17.6 x 16.1 x 15.2 x 15.0 x 12.9 x 12.6 x 11.8 x 11.6 x VERTIV Amphenol ABB GENERAC Littelfuse legrand Schneider HUBBELL TE EATON Electric by 8.9 x • Organic and inorganic growth • Margin expansion • Focus on free cash flow Experienced management team with a strong track record of execution 2020 EV/EBITDA Median: 14.2 x 17.0 x 14.9 x 14.9 x 14.3 x 14.2 x 12.0 x 11.8 x 11.7 x 11.4 x VERTIV Amphenol Littelfuse GENERAC legrand ABB Schneider Electric TE HUBBELL EATON Source: Vertiv EBITDA per management estimates, peers per IBES median estimates; market data as of 6-Dec-2019 Note: See "Non-GAAP Financial Measures" and "Additional Financial Information" beginning on slide 38 of the Appendix. Vertiv multiples based on enterprise value at listing of $5.3bn. All data based on USD. 25
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