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  "documentTitle": "Sinch | Mergers and Acquisitions Presentation Deck | 16 slides",
  "authorId": "sinch",
  "authorName": "Sinch",
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  "presentationDate": "2021-06-01 00:00:00",
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  "pageNumber": 14,
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  "notes": "The chart uses a bridge-like structure to show the progression of leverage metrics.",
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      "kind": "chart",
      "text": "Pro forma net debt/Adjusted EBITDA",
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      "text": "Pro forma calculation includes last 12 months of Adj EBITDA for acquired entities\nUpdated financial target is to maintain Net debt < 3.5x adjusted EBITDA over time\nPro forma Net debt/Adj EBITDA of 2.6x to after recent share issue and payment for Inteliquent and MessageMedia",
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      "text": "The acquisitions of Inteliquent and MessageMedia are pending regulatory approval.",
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      "kind": "title",
      "text": "Financial leverage",
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      "arcName": "The Sequoia Pitch",
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      "evidence": "Slides 11-15 provide financial data and targets",
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  "loops": [
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      "name": "Before After",
      "slug": "21-before-after",
      "bestFor": "Product demos, process improvements, ROI justification",
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      "evidence": "Slides 13-14 present a before-after comparison of margin profile",
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      "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta",
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