Travelport Worldwide — Merger or Acquisition (December 2018)
13 slides from Travelport Worldwide's merger presentation, Dec 10, 2018
Slide 1: Travelport to be acquired by affiliates of Siris Capital and Evergreen Coast Capital
For internal use only Travelport to be acquired by affiliates of Siris Capital and Evergreen Coast Capital Colleague Town Hall presentation December 10, 2018
Slide 2: Travelport to be acquired
For internal use only • Siris Capital is a private equity firm and Evergreen Coast Capital is the private equity affiliate of hedge fund Elliott Management • Siris and Evergreen will acquire all outstanding shares of Travelport for $15.75 per share in cash, valuing Travelport at approximately $4.4 b
Slide 3: Overview of Siris Capital
3 • Founded in 2011, Siris Capital is a leading private equity firm based in New York and has raised approximately $5.4 billion of cumulative committed capital • Siris has extensive experience investing in companies in the data, telecommunications, technology, and technology - enabled business servi
Slide 4: Overview of Evergreen Coast Capital
4 Evergreen Coast Capital is an affiliate of Elliott Management focused on private equity investments: • Focused exclusively on investing in technology companies • Led by private equity industry veterans with decades of private equity experience who have closed over $20 billion of transactions acros
Slide 5: Siris and Evergreen speak highly of our expertise and achievements
5 “Siris looks forward to partnering with the company’s management team and Evergreen in this next phase of Travelport’s evolution and growth as a private company” “We look forward to investing in the Travelport team and working with them and Siris to build upon and advance Travelport’s strong track
Slide 6: Board of Directors has unanimously approved the agreement
Travelport’s Board of Directors has unanimously approved the agreement 6 We will continue to develop and invest in our platform to serve the changing needs of our customers in the travel industry Siris and Evergreen are specialist technology platform investors The acquisition enables the company to
Slide 7: What happens next
For internal use only 7 • Next steps : for 45 days after the announcement of the agreement with Siris and Evergreen, Travelport will be in a “go - shop” period: – Travelport may solicit acquisition proposals from other third parties for 45 days – There are no assurances that this process will result
Slide 8: Business as usual
For internal use only 8 • It is business as usual for us all at Travelport as we move through the transaction process • It’s important we remain focused on delivering for our customers • Continue with your plans for the remainder of 2018 and look ahead to what you need to deliver in 2019 Business as
Slide 9: Important Information For Investors And Shareholders
For internal use only 9 Important Information For Investors And Shareholders Important Information and Where to Find it The proposed acquisition of Travelport Worldwide Limited (the “ Company ”) by Siris Capital Group, LLC (“ Siris ”) and Evergreen Coast Capital Corp (“ Evergreen ”) will be submitte
Slide 10: Cautionary Statement Regarding Forward-Looking Statements
For internal use only 10 Cautionary Statement Regarding Forward - Looking Statements This communication contains “forward - looking statements” that are not limited to historical facts, but reflect the Company’s cur rent beliefs, expectations or intentions regarding future events. In some cases, you
Slide 11: Forward-looking statements should not be read as a guarantee
For internal use only 11 Forward - looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by which, such performance or results will be achieved . Forward - looking information is based on informatio
Slide 12: [email protected]
For internal use only 12 [email protected]
Slide 13: Travelport
—2 Travelport_==_
Travelport Worldwide — Merger or Acquisition (December 2018) on 6ix