Loading viewer...
investor_presentation
Format: PDF investor_presentation
Acquisition of Boat Holdings, LLC May 30, 2018 POLARIS INDUSTRIES INC.
POLARIS INDUSTRIES INC. 2 PII -Boat Holdings 5/30/18Except for historical information contained herein, the matters set forth in this presentation, including
management’s expectations regarding the effective purchase price, financing of the purchase price, timing of
closing, synergies and other benefits of the acquisition, and future performance of Boat Holdings, LLC and the
combined companies are forward -looking statements that involve certain risks and uncertainties that could cause
actual results to differ materially from those forward -looking statements. Potential risks and uncertainties include
factors such as the proposed transaction may not be completed, or completed within the expected timeframe;
costs relating to the proposed transaction may be greater than expected; the possibility that a governmental entity
may prohibit, delay or refuse to grant a necessary regulatory approval in connection with the proposed transaction;
anticipated tax benefits may not be achieved by the Company; problems may arise in integrating the businesses of
the two companies and the integration may not be successful; the combined companies may be unable to achieve
the anticipated synergies or those benefits may take longer to realize than expected; the businesses of one or both
companies may suffer as a result of uncertainties surrounding the proposed transaction including disruption of
relationships with customers, employees or suppliers; increased competition and its effect on pricing; the
combined companies may not perform as expected following the closing; and other risks beyond the control of
either party. Investors are also directed to consider other risks and uncertainties discussed in documents filed by
the Company with the Securities and Exchange Commission. The Company does not undertake any duty to any
person to provide updates to its forward -looking statements.
FORWARD LOOKING STATEMENTS AND IMPORTANT DISCLOSURES
2 PII -Boat Holdings 5/30/18Transaction
Chairman and Chief Executive Officer
3TRANSACTION OVERVIEW
4 PII -Boat Holdings 5/30/18Acquiring Boat Holdings, LLC (“Boat Holdings”); expect Q3’18 close
#1 manufacturer of pontoon boats
~$560 million in sales (FY 2017)
$805 million purchase price; ~9.5 EBITDA, net of NPV of estimated future tax benefits
Immediately accretive to EPS in 2018
Strong, experienced leadership team with profitable growth focus
Boat Holdings to continue as distinct business
Strategically aligned with Powersports leadership
Profitable Addition to Polaris’ Powersports PortfolioSTRATEGIC RATIONALE
Preview truncated — download the full document for the complete content.
investor_presentation
25 Pages
investor_presentation
76 Pages
Jefferies Financial Group Inc.