Evercore Investment Banking Pitch Book
Appendix
Minority-Led Buyouts Precedent Transactions
Date
Ann.
08/16/10 ResCare Inc
07/19/10 Cypress Bioscience Inc
06/09/10 Rewards Network Inc
02/18/10 Zenith National Insurance Corp
09/23/09 SkyTerra Communications Inc
07/14/09 Noven Pharmaceuticals Inc
04/06/09 Sum Total Systems Inc
09/08/08 Gehl Co
06/04/08 Tercica Inc
04/07/08 Industrial Distn Group Inc
01/18/08 Dominion Homes Inc
07/25/07 PRA International
06/22/07 US Xpress Enterprises Inc
04/25/07 Pediatric Services of America
04/04/07 Biosite Inc
Target
01/03/07 Blair Corp
12/04/06 Station Casinos Inc
11/06/06 Swift Transportation Co Inc
11/01/06 Clark Inc
09/14/06 Applica Inc
08/28/06 Seitel Inc
08/31/06 MacDermid Inc
08/14/06 Tripath Imaging Inc
06/15/06 Baimco Corp
Source SDC, Company Slings, CapitallQ
EVERCORE PARTNERS
Acquiror
Onex Corp
Ramius Value & Opportunity LLC
Equity Group Investments LLC
Fairfax Financial Holdings Ltd
SkyTerra Commun Inc SPV
Hisamitsu Pharmaceutical
Vista Equity Partners Fund III
Manitou BF SA
Ipsen SA
LKCM Private Discipline Master
Investor Group
Genstar Capital LLC
Mountain Lake Acquisition Co
Portfolio Logic LLC
Inveness Med Innovations Inc
Golden Gate Capital
Fertitta Colony Partners LLC
Investor Group
Aegon NV
APN Holding Co
Value Act Capital Partners LP
Investor Group
Becton Dickinson & Co
BZ Acquisition Corp
TEV
$598
155
109
1,468
1,496
352
110
448
469
129
210
756
629
62
1,616
129
8,686
2,608
594
323
667
1,308
345
122
1-day
24%
60%
31%
47%
22%
62%
120%
104%
14%
59%
13%
11%
19%
67%
15%
19%
21%
32%
73%
(3%)
13%
81%
21%
Bid Premium
% Ownership
Pre-
Post-
1-week prior 4-week prior Transaction Transaction
24%
39%
87%
29%
38%
75%
13%
76%
99%
115%
17%
27%
11%
45%
16%
75%
16%
19%
15%
39%
60%
0%
21%
55%
18%
11%
27%
52%
44%
144%
96%
100%
20%
48%
20%
44%
15%
67%
23%
Confidential
($ in millions)
13%
48%
32%
(9%)
18%
55%
10%
25%
10%
26%
40%
49%
5%
13%
14%
43%
15%
47%
13%
42%
15%
8%
19%
27%
13%
40%
39%
7%
16%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
92%
100%
100%
100%
100%
90%View entire presentation