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  "documentTitle": "Southland Holdings | SPAC Presentation Deck | 31 slides",
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  "authorName": "Southland Holdings",
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  "presentationDate": "2022-05-01 00:00:00",
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  "notes": "The slide contrasts the company's 'buy' strategy with competitors' 'rent' strategy to explain margin expansion.",
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      "text": "Southland has developed a well-invested fleet of equipment through consistent dedication to capital budgeting as well as continued maintenance of aging equipment.",
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      "text": "Southland primarily purchases equipment, which enables the Company to expand margins by continuing to utilize the equipment long after the equipment’s depreciable useful life has expired. Southland’s competitors, on the other hand, primarily rent equipment, losing out on the potential margin expansion Southland is capturing. Southland fleet consists of more than 3,500 active pieces of equipment with a total fair market value of more than $300 million. Much of Southland’s equipment base can be used on projects across a range of services, which gives the Company the ability to shift its project mix without incurring extra costs.",
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      "text": "CRANES; SUPPORT EQUIPMENT (EXCAVATORS/ BACKHOES/LOADERS); HEAVY DUTY TRUCKS; ASPHALT/CONCRETE; STORAGE; TUNNELING BORING SYSTEMS",
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