1、Investment Banking&Securities Offered Through SDR Capital Markets,LLC,Member FINRA&SIPC.DateDateTargetTargetBuyerBuyerSegmentSegmentAmountAmount($in Mil)($in Mil)TEV/TEV/RevRevTEV/TEV/EBITDAEBITDA4/5/2022Elite Storage SolutionsNucor Business Equipment and Supplies75.00-3/28/2022Poly Hewlett-Packard

2、Business Equipment and Supplies3,1 00.281.8x1 7.8x3/1 8/2022ForterraQuikrete HoldingsBuilding Products2,683.1 71.4x8.6x3/1 8/2022SPX FlowLone Star FundsMachinery(B2B)3,486.1 02.3x1 9.0 x3/7/2022Cornerstone Building Brands Clayton,Dubilier&RiceBuilding Products2,560.790.5x1.9x3/3/2022Manitowoc IcePen

3、tair Machinery(B2B)1,600.00-2/28/2022Oldcastle BuildingEnvelopeKPS Capital PartnersBuilding Products3,450.00-2/1 8/2022DuPont Celanese Industrial Supplies and Parts1 1,000.003.1 x1 4.0 x2/1 8/2022Tristar Products Spectrum Brands Home Goods450.00-2/1 2/2022ElkayZurn Water SolutionsHome Goods1,560.00-

4、2/3/2022California Steel IndustriesNucor Industrial Supplies and Parts836.70-6.0 x1/1 8/2022Momentum Fuel TechnologiesCummins Machinery(B2B)55.00-If You Are a Business Owner Looking for Additional Transaction Activity If You Are a Business Owner Looking for Additional Transaction Activity Within You

5、r Industry,Please Call Our Offices at 720.221.9220.Within Your Industry,Please Call Our Offices at 720.221.9220.Strategic54%Financial46%48640100150200-50%-40%-30%-20%-10%0%10%20%Jun-21Jul-21Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22Building ProductsElectr

6、ical EquipmentIndustrial Supplies and PartsBusiness Equipment and SuppliesMachinery(B2B)Home GoodsS&P 500 Company NameSymbolMarket Cap($in Mil)Price($)LTM ChangeYTD Change%of 52 Week HighEst.Revenue GrowthEBITDA MarginTEV/RevTEV/EBITDAPrice/EPSTEV/NTM RevenueTEV/NTM EBITDABuilders FirstsourceBLDR9,2

7、77$53.70$22.9%(37.3%)62.1%(7.1%)1 6.5%0.6x3.6x4.8x0.6x5.2xMohawk IndustriesMHK7,885 1 24.09 (37.1%)(31.9%)58.6%5.5%1 6.7%0.9x5.4x8.1 x0.9x5.4xAdvanced Drainage SystemsWMS7,647 90.07 (22.1%)(33.8%)65.3%1 6.2%20.2%3.2x1 5.7x28.6x2.7x1 0.5xAustralian Foundation Investment CompanyAFI6,354 5.1 7 (1 1.3%)

8、(1 5.8%)79.8%NMNM25.4xNM28.3xNMNMArmstrong World IndustriesAWI3,520 74.96 (31.5%)(35.4%)63.5%1 3.0%32.2%3.6x1 1.2x1 8.6x3.2x9.4xGibraltar IndustriesROCK1,271 38.75 (49.6%)(41.9%)48.8%5.8%1 0.2%1.0 x9.4x1 6.1 x0.9x7.0 xJeld-WenJELD1,271 1 4.59 (45.4%)(44.7%)48.8%5.0%7.9%0.6x8.0 x1 0.0 x0.6x5.9xApogee

9、 EnterprisesAPOG871 39.22 (5.7%)(1 8.5%)77.7%5.8%5.1%0.8x1 3.7x54.5x0.8x6.9xAmerican WoodmarkAMWD747 45.01 (44.7%)(31.0%)54.3%1 4.5%3.4%0.7x21.2xNM0.6x6.5xInsteel IndustriesIIIN655 33.67 3.1%(1 5.4%)70.6%1 8.9%20.9%0.8x3.9x6.2x0.7xNMSegment Average(22.1%)(30.6%)62.9%8.6%14.8%3.8x10.2x19.5x1.2x7.1xSe

10、gment M edian(26.8%)(32.9%)62.8%5.8%16.5%0.9x9.4x16.1x0.8x6.7xM arket Stats Operating Stats LTM M ultiples NTM M ultiples Company NameSymbolMarket Cap($in Mil)Price($)LTM ChangeYTD Change%of 52 Week HighEst.Revenue GrowthEBITDA MarginTEV/RevTEV/EBITDAPrice/EPSTEV/NTM RevenueTEV/NTM EBITDASiemensSIE8

11、1,375$1 01.42$(36.2%)(41.5%)56.8%(7.7%)1 5.4%1.6x1 0.4x1 4.1 x1.7xNMGeneral ElectricGE70,079 63.67 (41.0%)(32.6%)54.8%5.2%(0.8%)1.1 xNMNM1.0 x8.1 xABB GroupABBN50,703 26.68 (21.3%)(30.1%)68.3%7.2%23.5%1.9x8.1 x1 1.4x1.8xNMKeysight TechnologiesKEYS24,806 1 37.85 (1 0.2%)(33.2%)65.9%6.4%28.9%4.8x1 6.8

12、x25.0 x4.6x1 4.7xHubbell(Electrical Equipment)HUBB9,583 1 78.58 (4.2%)(1 4.3%)84.0%1 3.5%1 6.1%2.5x1 5.7x24.1 x2.2x1 3.1 xMersenMRN61 8 29.72 (23.2%)(28.9%)68.5%(2.8%)1 5.4%0.8x5.5x9.7x0.9x5.3xKimball ElectronicsKE499 20.1 0 (8.6%)(7.6%)65.7%1 5.4%6.0%0.5x7.6x1 4.3x0.4xNMBel FuseBELFB207 1 5.56 7.2%

13、20.3%75.4%4.9%8.8%0.5x5.9x7.2x0.5x6.0 xIntevacIVAC1 21 4.84 (27.8%)2.8%70.6%34.6%(62.3%)0.6xNMNM0.5xNMSegment Average(18.4%)(18.4%)67.8%8.5%5.7%1.6x10.0 x15.1x1.5x9.5xSegment M edian(19.8%)(23.6%)68.0%6.8%12.1%1.3x9.0 x14.2x1.3x8.8xM arket Stats Operating Stats LTM M ultiples NTM M ultiples Company

14、NameSymbolMarket Cap($in Mil)Price($)LTM ChangeYTD Change%of 52 Week HighEst.Revenue GrowthEBITDA MarginTEV/RevTEV/EBITDAPrice/EPSTEV/NTM RevenueTEV/NTM EBITDACaterpillarCAT95,346$1 78.76$(1 7.5%)(1 3.5%)75.1%1 3.1%20.9%2.4x1 1.5x1 5.0 x2.1 x1 1.3xDeereDE91,529 299.47 (1 5.5%)(1 2.7%)67.0%1 2.8%20.7

15、%3.0 x1 4.5x1 5.6x2.7xNMApplied MaterialsAMAT79,1 48 90.98 (34.0%)(42.2%)54.5%7.9%33.5%3.3x9.8x1 2.1 x3.0 x9.9xIllinois Tool WorksITW56,760 1 82.25 (1 8.9%)(26.2%)73.0%8.4%26.4%4.3x1 6.1 x21.4x3.9x1 4.3xSegment Average(21.5%)(23.6%)67.4%10.5%25.4%3.2x13.0 x16.0 x2.9x11.8xSegment M edian(18.2%)(19.8%

16、)70.0%10.6%23.6%3.1x13.0 x15.3x2.8x11.3xM arket Stats Operating Stats LTM M ultiples NTM M ultiples Company NameSymbolMarket Cap($in Mil)Price($)LTM ChangeYTD Change%of 52 Week HighEst.Revenue GrowthEBITDA MarginTEV/RevTEV/EBITDAPrice/EPSTEV/NTM RevenueTEV/NTM EBITDAIllinois Tool WorksITW56,760$1 82

17、.25$(1 8.9%)(26.2%)73.0%8.4%26.4%4.3x1 6.1 x21.4x3.9x1 4.3xGenuine PartsGPC1 8,832 1 33.00 3.7%(5.1%)93.0%7.9%8.2%1.1 x1 4.0 x20.6x1.1 x1 1.7xDoverDOV1 7,490 1 21.32 (1 9.6%)(33.2%)65.9%7.5%22.1%2.5x1 1.4x1 5.8x2.3x1 0.9xSteel DynamicsSTLD1 2,482 66.1 5 8.6%6.6%65.9%(3.7%)26.9%0.7x2.6x3.4x0.7x3.4xAp

18、tarGroupATR6,768 1 03.21 (26.9%)(1 5.7%)72.7%3.3%1 7.3%2.4x1 3.8x31.3x2.3x1 2.0 xRBC BearingsROLL5,341 1 84.95 (8.3%)(8.4%)73.8%58.8%20.7%7.4x35.7x94.8x4.6x1 6.5xRogersROG4,928 262.09 30.3%(4.0%)95.5%1 6.2%1 5.9%5.2x32.7x53.1 x4.5x1 8.3xCrane CompanyCR4,908 87.56 (5.8%)(1 3.9%)76.2%7.7%1 9.8%1.7x8.8

19、x1 3.4x1.6xNMHexcelHXL4,397 52.31 (1 5.3%)1.0%81.5%1 8.9%1 6.8%3.7x21.8x91.8x3.1 x1 3.5xAllegheny TechnologiesATI2,81 9 22.71 7.2%42.6%73.9%20.1%9.8%1.5x1 5.5xNM1.3x9.0 xAltra Industrial MotionAIMC2,293 35.25 (46.6%)(31.6%)52.9%(2.4%)1 1.3%1.8x1 6.3x69.1 x1.9x9.1 xHelios TechnologiesHLIO2,1 53 66.25

20、 (1 5.3%)(37.0%)57.7%NM23.1%2.8x1 2.3x1 9.1 x2.8x1 1.5xWorthington IndustriesWOR2,1 34 44.1 0 (28.2%)(1 9.3%)67.2%(1 0.3%)1 4.3%0.6x4.8x5.9x0.7x7.0 xBarnes GroupB1,579 31.1 4 (39.7%)(33.2%)59.8%9.4%1 8.4%1.7x9.0 x1 5.7x1.5xNMMaterionMTRN1,51 2 73.73 (3.2%)(1 9.8%)76.8%1 7.2%8.1%1.3x1 5.8x21.9x1.1 x9

21、.4xSegment Average(11.9%)(13.2%)72.4%11.4%17.3%2.6x15.4x34.1x2.2x11.3xSegment M edian(15.3%)(15.7%)73.0%8.1%17.3%1.8x14.0 x21.0 x1.9x11.5xM arket Stats Operating Stats LTM M ultiples NTM M ultiples Company NameSymbolMarket Cap($in Mil)Price($)LTM ChangeYTD Change%of 52 Week HighEst.Revenue GrowthEBI

22、TDA MarginTEV/RevTEV/EBITDAPrice/EPSTEV/NTM RevenueTEV/NTM EBITDABICBB2,422$54.53$(22.8%)1.8%73.2%(0.3%)30.5%0.9x3.0 x6.6x0.9x4.4xACCO BrandsACCO633 6.53 (25.7%)(20.9%)66.9%3.4%1 2.7%0.9x6.9x5.3x0.9xNMSegment Average(24.3%)(9.6%)70.0%1.5%21.6%0.9x5.0 x6.0 x0.9x4.4xSegment M edian(24.3%)(9.6%)70.0%1.

23、5%21.6%0.9x5.0 x6.0 x0.9x4.4xM arket Stats Operating Stats LTM M ultiples NTM M ultiples Company NameSymbolMarket Cap($in Mil)Price($)LTM ChangeYTD Change%of 52 Week HighEst.Revenue GrowthEBITDA MarginTEV/RevTEV/EBITDAPrice/EPSTEV/NTM RevenueTEV/NTM EBITDAStanley Black&DeckerSWK1 5,830$1 04.86$(49.2

24、%)(44.4%)49.7%21.6%1 2.4%1.7x1 3.5x1 3.1 x1.4x9.6xWhirlpoolWHR8,704 1 54.87 (29.5%)(34.0%)63.1%1.7%1 2.3%0.6x4.8x5.8x0.6x5.0 xNewell BrandsNWL7,873 1 9.04 (30.6%)(1 2.8%)68.4%(6.1%)1 3.2%1.2x9.3x1 1.3x1.3x9.0 xLa-Z-BoyLZB1,022 23.71 (37.4%)(34.7%)59.3%(1.0%)1 3.5%0.5x3.8x7.0 x0.5x5.1 xLoveSacLOVE41

25、6 27.50 (64.1%)(58.5%)31.6%25.9%8.6%0.9x1 0.1 x9.7x0.7x5.9xWeber-Stephen ProductsWEBR381 7.21 (56.3%)(44.2%)35.3%(6.0%)(2.6%)0.8xNMNM0.9x6.8xPurplePRPL253 3.06 (89.0%)(76.9%)1 0.9%2.5%(3.6%)0.5xNMNM0.5x1 3.9xSegment Average(50.9%)(43.7%)45.5%5.5%7.7%0.9x8.3x9.4x0.8x7.9xSegment M edian(49.2%)(44.2%)4

26、9.7%1.7%12.3%0.8x9.3x9.7x0.7x6.8xM arket Stats Operating Stats LTM M ultiples NTM M ultiples 51%47%54%37%8%10%10%12%41%43%36%51%41%39%42%50%13%9%11%7%46%52%47%43%41%35%36%41%8%8%9%7%51%57%55%52%39%47%39%28%8%6%7%21%54%47%54%52%0%20%40%60%80%100%Senior DebtSub DebtEquitySource:GF DataSource:GF DataNo

27、te:The most current source of GF Data is as of May 2022.MultiplesSource:PitchBook Financial Data and Analytics20022 YTD6.1x5.9x6.1x6.6x6.9x6.8x7.0 x6.9x7.5x8.0 x8.3x8.5x9.3x8.6x9.0 x9.3x0.0 x2.0 x4.0 x6.0 x8.0 x10.0 x20022 YTD$10-25mm$25-50mm$50-100mm$100-250mm$0.0M$200.0B$400.

28、0B$600.0B$800.0B1,3002,3003,3004,3005,3006,3002021 Q22021 Q32021 Q42022 Q12022 Q2Deals ClosedDeals ClosedCapital Invested1.“The Future of the Supply Chain and Manufacturing Industries,”SupplyChain,Helen Adams,Jan.12,2022 https:/ Product Shortages in 2022,”Zhenhub,Jun.22,2022 https:/ Engine,1916,Used

29、 to Generate Electricity at Highland Park Plant,”TheHenryFord.org,accessed Jul.13,2022 https:/www.thehenryford.org/collections-and-research/digital-collections/artifact/1673134.“Top 7 Manufacturing Trends for 2022,”ThomasN,Laura Ross,Mar.25,2022 https:/ to capitalize on quantum computing(and avoid t

30、he quantum apocalypse)in your manufacturing business,”SmartIndustry,Aug.25,2020 https:/ Trends:Six in Ten Manufacturers Will Have Fully Connected Factories by 2022,”IIoT World,Aug.2,2017 https:/www.iiot- 8 Manufacturing Trends For 2022,”Advanced Technology Services,2022 https:/ 4.0:The Road to Smart

31、 Factories,”Ericsson,Fadhel Isa,Jan.27,2022 https:/ Collaboration Will Use Quantum Computing To Make Manufacturing More Sustainable,”Forbes,Alex Knapp,Jun.5,2022 https:/ The Growth Opportunity In Battery Manufacturing Equipment,”McKinsey&Company,May 3,2022 https:/ Takes Aim At Chip Shortages With A$

32、5.4 Billion Takeover Of Tower,”Forbes,Kevin Dowd,Feb.15,2022 Intel Takes Aim At Chip Shortages With A$5.4 Billion Takeover Of Tower()12.“Cornerstone Building Brands to be Acquired by Clayton,Dubilier&Rice for$5.8 Billion,”CornerstoneBuildingB,Mar.7,2022 https:/ Corp to Acquire DuPont Unit for$11bn,”

33、Financier Worldwide,Richard Summerfield,Feb.22,2022 https:/ Biggest Port Is Returning To Normal,But Supply Chains Will Get Worse Before They Get Better,”TheC,Sarah Schiffling and Nikolaos Valantasis Kanellos,May 24,2022 https:/ Fears a Second Lockdown as China Battles BA.5 Outbreaks,”Washington Post

34、,Christian Shepherd,Jul.11,2022 https:/ Prices Jump Sharply Again in June:Live Updates,”New York Times,Jeanna Smialek,Jul.13,2022 https:/ the Just-in-Time(JIT)Manufacturing Model Dead?,”USC Consulting Group,Aug.17,2021 https:/ Factories Are Making Stuff Again as CEOs Take Production Out of China,”Bloomberg,Ryan Beene,Jul.5,2022 https:/ Selects Kansas for Vehicle Battery Mega-Factory,”The News Tribune via Associated Press,John Hannah,Jul.13,2022 https:/