1.0x 2.2x 0.0x 1.0x 2.0x 3.0x 4.0x At Acquisition At Exit $32 $50 $0 $20 $40 $60 $80 At Acquisition At Exit $182 $266 $0 $75 $150 $225 $300 At Acquisition At Exit Waddington Group Case Study 1 • Organized Independent Board of Directors and governance best -practices • Hired CFO to oversee accounting and finance functions previously handled by corporate parent • Completed three add-on acquisitions expanding the company’s geographic reach and pr

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