Delivering against our growth plan Enhance and deepen our customer relationships Profitably increase market share in Oil & Gas segment Reinvest in high return projects to add greenfield capacity Expand product offerings and…
Cadre Operations Overview Regional frac sand producer located in Voca, Texas Fully-automated, state-of-the- art facility opened in 2011 Products shipped by truck to the fast-growing Permian Basin Over 65 years of high quality…
Cadre Acquisition Rationale Expands SLCA capacity and product offerings Strong regional player serving fast-growing Permian Basin Sustainable demand Great reputation for quality and customer service Leverages SLCAs core…
Cadre Transaction Economics Purchase price of 98M - all cash transaction Deferred tax asset NPV of 14M reduces total consideration to 84M Anticipated 2015 Adjusted EBITDA of approximately 18M Implied 4.7x adjusted purchase price…
Driving Success with Speed, Scale, Strength Moved quickly and decisively to capture the opportunity Increases share in the fast-growing Permian Basin Expands SLCA capacity and product offerings Provides customers with more choices…
QUESTIONS
Driving Success with Speed, Scale, Strength Adjusted EBITDA and Adjusted EPS Adjusted EBITDA and Adjusted EPS are not measures of our financial performance or liquidity under GAAP and should not be considered as an alternative to net…