EFTA01378207.pdf

SRLP102 Alpha Group Capital Stratus: Summary Transaction Overview at Entry Overview Transaction Structure • Global leader in Fault Tolerant and High Business Description Availability technology solutions Holding Company Acquisition ■ Acquisition: April 28, 2014 Closing Date Debt 100.0% Capital • Total Equity & Debt: $401 mm Platform Business Structure at • Total Equity: $176 mm ("Bond") Entry' Total Debt: $225 mm • LPs co-invested $75 mm (43% of equity) 100.0°A. Co-Investors Software Business Executive ■ Dan Moloney, Merle Gilmore, Rod Randall, ("Call Option") Partners Al Zollar (515nun of cash cm halante sheet to fund losses) Entry Valuation & Liquidity/I e% crav,e Fnlry Summary Hnancials (I -11 February 2014A) • TEVO)/ PF2014 Bond EBITDA: 5.3x Valuation Platform Software S m nallion• (Bond) (Call Option) Total • $10 mm of minimum cash on balance sheet Revenue $189 $9 $198 Liquidity/ PF EBITDAO) S66 ($13) $53 • $14 mm to fund potential Call Option losses Leverage % Margin 34.9% NM 26.7% • Net Debto / PF2014 Bond EBITDA: 3.3x Nobs Plane Amodio-Footnotes- and -Sins thaelaimee' and "Caro Studies" for unponard oriorrmaren addneenal coraniernicas and Jefinstions. Ill Tbn Call Or divans., rryortad msarve 1,114 FDA at Do limo of feCipl•KiOn. Curb Irk on the balance than In fund the Call Orton domon kwo• n. mind.%) TOW Enter/10 Valuation('IEV- )011ettlati011. TEV b than dwided by the &way Bond divisor, EBITDA to arrive the pu chasemultirk. TEV SI Tolran total oquity • Sfl.S.0rnm total debt S11.5mm of itarmation 'mmon • SI0 mm of minimum cash n mm / SOSO mm P(3)14A Bond EEO DA. S.31. $21 Nat Doke S2fl0mm total - S10.0 mrn minimum cob n S215.0 mrn no debt/ Sem0 non P(3)14A Bond EBIIDA A.A.. IT Pro FFI,.; for ,nd only corshivroth,ft in rurthaw multirle whereby Can Oren reported negarive ENTDA • • Sims 44 rcadv CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0075368 CONFIDENTIAL SDNY_GM_00221552 EFTA01378207