Franks International page Franks International Management Presentation Acquisition of Blackhawk Specialty Tools October 7, 2016 This document contains confidential and proprietary information which is property of Franks…
Franks International page 3 Blackhawk Specialty Tools Overview Blackhawk designs, manufactures, rents and sells technologically advanced offshore and onshore cementing equipment and products Blue chip customer base with leading…
Franks International page 4 Executing Our Strategy Franks Acquiring Blackhawk Specialty Tools New service and product lines combined with TRS extends time on rig in existing markets Grow Existing Develop New Markets Markets…
Franks International page 5 Strategic Rationale Package TRS with complementary well construction and well intervention services Blackhawk + Franks two best-in-class brands High margin products and services suite for land, shelf…
Franks International page 6 Transaction Summary Total consideration of approximately 321 million1 Consideration Approximately 150 million in cash Approximately 12.8 million Franks shares Acquired on a cash-free / debt-free…
Franks International page 7 Executing on Our Strategy Grow Existing & Develop New Markets Addressable Market 4.7Bn(1) Adjacent services and products to TRS Addressable combined market 4.7Bn Targeting premium high Specialty…
Franks International page 8 Franks Footprint Offers Significant Expansion Potential Significant revenue synergy potential through existing sales channels Broadening and enhancement of our technology portfolio and value…
Franks International page 9 Transaction Rationale Summary Unique value proposition to customer two best-in-class complex well service providers combined Significant potential of revenue synergies through Franks international…