EFTA01387886.pdf

From: Stewart Oldfield Sent: 2/7/2018 12:42:15 AM To: Vahe Stepanian Subject: Re: Technology Co-Invest No reason not to. Thanks. Stewart Oldfield, CFA, CAIA Director Deutsche Bank Trust Company Americas Deutsche Bank Wealth Management 345 Park Avenue, New York, NY 10154 Tel. 212 454-2881 Mobil Email Securities offered through Deutsche Bank Securities Inc. On Feb 6, 2018, at 7:39 PM, Vahe Stepanian < > wrote: Should we show to Paul Barrett? From: Vahe Stepanian Sent: Tuesday, February 06, 2018 7:36 PM To: Trip McCoy Cc: Terri Sohrab Subject: Technology Co-Invest Trip — hope all is well in sunny FL. I'm reaching out because we have a direct co-investment opportunity that came to us from an LA based PE sponsor, and we wanted to see if it is of interest. A few high-level bullets: • Middle market sponsor recently purchased a developer of workplace collaboration software that enables sharing of multiple screens in an enterprise conference room • Their software product solves a major pain point of wirelessly sharing multiple screens simultaneously - with a focus on software updates after initial hardware sale • Given the size of the equity check vs. their overall fund size, the sponsor is looking to syndicate $10-15mm of their $37mm equity check • Business has -4,000 customers, 100+ Fortune 500 clients and significant share of top US universities, highly efficient gross margins, and 2017 GAAP EBITDA of -$4.4mm This is a co-invest opportunity, and you would be investing pad passu alongside the sponsor. Let me know if this is of interest and we can discuss further. Alternatively, I'm happy to connect you directly to the sponsor to receive materials (i.e. teaser and NDA) as a starting point. Thank you, Vahe Vahe Stepanian Key Client Partners CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0091086 CONFIDENTIAL SDNY_GM_00237270 EFTA01387886