{
  "docId": "019de06f-bbe0-71cc-b960-7ad3b8c9612e",
  "docSlug": "2fce834e3873db186f7dc8f3703b87fa",
  "documentTitle": "NNIT | Mergers and Acquisitions Presentation Deck | 11 slides",
  "authorId": "nnit",
  "authorName": "NNIT",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2018-10-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 9,
  "pageCount": 11,
  "prevPage": 8,
  "nextPage": 10,
  "slideType": "other",
  "function": "analyze_data",
  "density": "dense",
  "nDataPoints": 3,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 0.9,
  "imagePath": null,
  "slideHref": "/slides/019de06f-bbe0-71cc-b960-7ad3b8c9612e/9",
  "deckHref": "/decks/019de06f-bbe0-71cc-b960-7ad3b8c9612e",
  "deckJsonHref": "/decks/019de06f-bbe0-71cc-b960-7ad3b8c9612e.json",
  "deckAnchorHref": "/decks/019de06f-bbe0-71cc-b960-7ad3b8c9612e#slide-9",
  "components": [
    {
      "bbox": {
        "h": 0.1,
        "w": 0.9,
        "x": 0.05,
        "y": 0.35
      },
      "kind": "list",
      "text": "Profit in Valiance Partners will be subject to state- and federal tax in the United States of approximately 28%, while profit in Valiance Partners Europe will be taxed at 12.5%.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8d29bcb1-8ed8-483f-ad84-4363c917b265",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.9,
        "x": 0.05,
        "y": 0.21
      },
      "kind": "list",
      "text": "The transaction is structured as separate acquisitions of Valiance Partners, LLC (US) by NNIT Inc. and Valiance Partners Europe, Ltd. (IRE) by NNIT A/S",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a37268cc-a6b1-4075-ab90-cdab4fbd5b7d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.9,
        "x": 0.05,
        "y": 0.63
      },
      "kind": "list",
      "text": "Due to joint taxation between Valiance Partners, LLC and NNIT Inc. the acquisition will enable tax utilization of accumulated tax losses of approximately USD 1.3m (2017) in NNIT Inc.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "bde79b17-da00-45ed-92a1-817611a4e962",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.9,
        "x": 0.05,
        "y": 0.49
      },
      "kind": "list",
      "text": "The acquisition structure enables NNIT to deduct amortization of goodwill in tax from the up-front and earn-out payments over 15 years",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "fa0e0002-a743-4de7-94bd-2ea9a7ac3c51",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.12,
        "w": 0.35,
        "x": 0.05,
        "y": 0.08
      },
      "kind": "title",
      "text": "Tax synergies",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a377f00d-f8bd-4baf-8555-e24e10f5f80e",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "List presentation",
      "slug": "list-presentation",
      "agent": null,
      "layer": "slide",
      "matchId": "c2ecf214-3bee-4106-a456-2f86d44d9aac",
      "evidence": "The slide contains a list/bullet component with several items.",
      "confidence": 0.9
    }
  ],
  "frameworks": [],
  "arcBeats": [],
  "loops": [
    {
      "to": 10,
      "from": 5,
      "name": "Why Now",
      "slug": "15-why-now",
      "bestFor": "Sales pitches, fundraising, requesting immediate budget approval",
      "matchId": "6f2eb0b7-1ee6-4de6-8a88-0d875c7bdb27",
      "evidence": "The deck presents reasons for the acquisition and its timing",
      "position": 0,
      "objective": "Why this acquisition now",
      "structure": "The Context (Trends) -> The Trigger Event -> The Window of Opportunity",
      "confidence": 0.7,
      "description": "Create temporal urgency by proving that the window of opportunity is opening or closing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}