Churchill Capital Corp VII — SPAC Merger (July 2024)
13 slides from Churchill Capital Corp VII's SPAC merger presentation, Jul 29, 2024
Slide 1: CorpAcq Business Update
July 29, 2024 CorpAcq Business Update
Slide 2: Important information and disclaimer
2 This presentation is provided for informational purposes only and has been prepared to assist interested parties in making their own evaluation with respect to a proposed business combination (together with the related transactions, the “proposed transaction”) between CorpAcq Holdings Limited (“Co
Slide 3: Forward-looking statements and financial information
3 CorpAcq, CorpAcq Group Plc and Churchill anticipate that subsequent events and developments will cause CorpAcq’s, CorpAcq Group Plc’s and Churchill’s assessments to change. However, while CorpAcq, CorpAcq Group Plc and Churchill may elect to update these forward looking statements at some point in
Slide 4: Additional information and where to find it
4 Before making any voting or other investment decisions, Churchill’s stockholders and warrantholders and other interested persons are advised to read the Post-Effective Amendment and the Proxy Statement, including the post-effective amendment thereto and the proxy statement/prospectus, in connectio
Slide 5: Agenda
1H Performance & Business Review Simon Orange Acquisitions & Pipeline Simon Orange Peer Trading Performance Michael Klein Closing Remarks Michael Klein Agenda
Slide 6: Acquisitions Completed in 1H 2024 and Pipeline
6 Acquisitions Completed in 1H 2024 2024 Acquisitions & Pipeline Outlook • Founded in 2009 and headquartered in Cambridge, UK • Major distributor of specialist building products to the house building industry in the East of England, supporting projects of all sizes • Acquisition completed in May 202
Slide 7: European Peers 1H 2024 Operating Performance
7 Revenue Growth Organic Revenue Growth EBITA Growth Revenue Growth Organic Revenue Growth EBITA Growth (3.3%) (7.0%) 0.7% 1.7% (2.5%) 9.6% 0.8% (7.8%) (3.9%) 4.7% (3.9%) 2.4% 10.0% 4.0% N/A 14.5% 6.0% N/A (4.0%) (6.0%) (15.7%) 0.4% (3.0%) (6.2%) 7.0% 3.0% 1.5% 5.2% 2.0% 6.9% Average 2.1% (2.8%) (4.
Slide 8: European Peers Trading Performance
8 European Peers Trading Performance Source: FactSet market data as of 7/26/2024. Note: Chart measures stock price performance from 8/1/2023 to 7/26/2024. Change in Share Price since Announcement 75.1% 48.1% 34.0% 43.8% 13.7% (40%) (20%) 0% 20% 40% 60% 80% 100% Aug-2023 Sep-2023 Oct-2023 Nov-2023 De
Slide 9: European Peers Valuation Uplift Since Announcement
9 European Peers Valuation Uplift Since Announcement Source: FactSet market data as of 7/26/2024. Note: Multiples are based on calendarized estimates for EBITDA. 8/1/2023 7/26/2024 % Change 8/1/2023 7/26/2024 % Change 8/1/2023 7/26/2024 % Change 8/1/2023 7/26/2024 % Change $17.96 $31.44 75.1% 18.6x
Slide 10: Risk factors
10 Unless the context otherwise requires, all reference in this subsection to the “Company,” “CorpAcq,” “we,” “us” or “our” refer to CorpAcq Limited and its subsidiaries and CorpAcq Group Plc. The risks presented below are some of the general risks to the business and operations of CorpAcq, Churchil
Slide 11: Risks related to CorpAcq
11 • We and our portfolio companies could be subject to increased regulation or changes in regulatory regimes which will impact our financial performance. • The industries we serve can be seasonal, cyclical and affected by weather conditions, the combined effects of which can adversely impact our re
Slide 12: Risks Related to Churchill
12 Risks Related to Churchill • Churchill's public shareholders will experience dilution as a consequence of the issuance of Post-Combination Company securities as consideration in the proposed transaction and may experience dilution from several additional sources in connection with and after the c
Slide 13: Slide 13