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MERGER & ACQUISITION
MODEL |
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Accretion / Dilution
Analysis |
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TRANSACTION OVERVIEW |
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Acquirer (Buyer): |
Apex Industrial Corp. |
(APEX) |
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Target (Seller): |
Meridian Technologies Inc. |
(MRDN) |
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Detail |
Value |
Notes |
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Transaction Type |
Stock & Cash
Merger |
60% Cash / 40% Stock |
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Announcement Date |
12-Feb-26 |
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Expected Close |
Q3 2026 |
Subject to
regulatory approval |
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Model Currency |
USD ($ millions) |
All values in $mm
unless noted |
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Fiscal Year End |
31-Dec |
Calendar year basis |
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Model Version |
1 |
Initial release |
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TABLE OF CONTENTS |
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# |
Sheet Name |
Description |
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1 |
Transaction
Summary |
Key transaction
metrics, offer price, premium, consideration mix |
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2 |
Acquirer
Historicals |
3-year historical IS
& BS (FY2023–2025) |
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3 |
Acquirer
Projections |
5-year projected
financials (FY2026E–2030E) |
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4 |
Target
Historicals |
3-year historical IS
& BS (FY2023–2025) |
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5 |
Target
Projections |
5-year projected
financials (FY2026E–2030E) |
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6 |
Transaction
Assumptions |
Offer price,
premium, consideration mix, financing structure |
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7 |
Sources
and Uses |
Transaction funding
sources and application of proceeds |
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8 |
Purchase
Price Allocation |
Fair value
allocation of tangible and intangible assets |
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9 |
Goodwill
Schedule |
Goodwill calculation
and intangible amortization |
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10 |
Pro
Forma Income Statement |
Combined IS with
synergy and financing adjustments |
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11 |
Pro
Forma Balance Sheet |
Combined BS at close
with PPA adjustments |
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12 |
Synergies |
Revenue and cost
synergy estimates with phase-in |
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13 |
Integration
Costs |
One-time and ongoing
integration expenses |
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14 |
Accretion
/ Dilution |
EPS
accretion/dilution with and without synergies |
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15 |
Debt
Schedule |
Pro forma debt
structure, amortization, and interest |
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16 |
Sensitivity
Analysis |
Sensitivity tables
on key assumptions |
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17 |
Comparable
Transactions |
Precedent M&A
transactions with multiples |
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18 |
Contribution
Analysis |
Revenue, EBITDA, and
earnings contribution by entity |
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COLOR KEY |
Blue = Input Assumption |
Black = Calculated Formula |
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Green = Cross-sheet Reference |
Red = External Link |
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CONFIDENTIAL — DRAFT |
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This model contains
sample data for illustrative purposes only. All inputs (blue font) should be
replaced with actual transaction data. |
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This document is
intended solely for authorized recipients and may not be distributed without
written consent. |
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