{
  "docId": "019de070-ecf2-7457-87b6-8181b8e01087",
  "docSlug": "aa7f6d391cd6c9082735ad7576adbb9f",
  "documentTitle": "Reservoir | SPAC Presentation Deck | 59 slides",
  "authorId": "reservoir",
  "authorName": "Reservoir",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2021-04-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 31,
  "pageCount": 59,
  "prevPage": 30,
  "nextPage": 32,
  "slideType": "traction",
  "function": "show_traction",
  "density": "overcrowded",
  "nDataPoints": 63,
  "notes": "The table compares entry multiples at close vs current multiples (CY2020) to show multiple compression/value creation.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de070-ecf2-7457-87b6-8181b8e01087/31",
  "deckHref": "/decks/019de070-ecf2-7457-87b6-8181b8e01087",
  "deckJsonHref": "/decks/019de070-ecf2-7457-87b6-8181b8e01087.json",
  "deckAnchorHref": "/decks/019de070-ecf2-7457-87b6-8181b8e01087#slide-31",
  "components": [
    {
      "bbox": {
        "h": 0.05,
        "w": 0.45,
        "x": 0.14,
        "y": 0.93
      },
      "kind": "disclaimer",
      "text": "Note: Reflects transactions of +$5M in value that are at least 12 months old. 1 When purchased, this catalog contained young copyrights, expanding multiples are natural as they mature. 2 Excludes the 2015 transaction that contained young copyrights.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "276ed9de-5288-4c06-9be8-8ed46bdc9d1c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.125,
        "w": 0.241,
        "x": 0.698,
        "y": 0.212
      },
      "kind": "metric",
      "text": "$400M+ TOTAL M&A SPEND OVER THE PAST 10 YEARS",
      "attrs": null,
      "subkind": "big-number",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "28df66e1-cd57-4ca9-b375-d17ce5246a99",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.125,
        "w": 0.241,
        "x": 0.698,
        "y": 0.678
      },
      "kind": "metric",
      "text": "2.4x WEIGHTED AVERAGE REDUCTION IN MULTIPLE",
      "attrs": null,
      "subkind": "big-number",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8ee06512-2365-417c-a35b-7b63779e584e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.125,
        "w": 0.241,
        "x": 0.698,
        "y": 0.445
      },
      "kind": "metric",
      "text": "13.5x WEIGHTED AVERAGE ENTRY MULTIPLE",
      "attrs": null,
      "subkind": "big-number",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d99bbb0b-9891-4549-97ca-39a28d1b6e0a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.65,
        "w": 0.54,
        "x": 0.14,
        "y": 0.21
      },
      "kind": "table",
      "text": "Table showing Date, Purchase Price, NPS/NLS (At Close), Multiple (At Close), NPS/NLS (CY2020), Multiple (CY2020), Unlevered IRR for years 2010-2020",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3fb7ed08-9f9b-4694-a252-91be7ebe3f99",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.61,
        "x": 0.12,
        "y": 0.13
      },
      "kind": "title",
      "text": "VALUE ENHANCEMENT LEADS TO BOUGHT-DOWN MULTIPLES",
      "attrs": null,
      "subkind": "action-title",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8679d902-4481-4465-9781-af15ebe60bff",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.26,
        "x": 0.03,
        "y": 0.04
      },
      "kind": "title",
      "text": "M&A PLATFORM",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3eea2f13-ff55-48eb-89eb-bb934dd6c4af",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}