Breaking News BMRG EOS - CPAA LOI Advantage Solutions Grocery Store Play SPAC Conyers Park II SPAC

Breaking News BMRG EOS CPAA LOI Advantage Solutions Grocery Store Play SPAC Conyers Park II SPAC

https://advantagesolutions.net/wp-content/uploads/Advantage-Solutions-Conyers-Park-II-Investor-Presentation_Announcement_vF.pdf

We are pleased to share with you our thoughts on the business combination of Conyers Park II with Advantage Solutions (“Advantage” or the “Company”)As part of the combination, we will deploy our $450mm held in trust as well as the proceeds from a $700mm common stock private placement–Existing investor group (including CVC and Leonard Green)to invest $200mm of the $700mmAdvantage is the leading provider of outsourced sales and marketing solutions to manufacturers of consumer goods and retailers across multiple channels–The Company’s solutions include headquarter sales, retail and e-commerce merchandising and marketing services, as well as digital and in-store sampling–2021E Revenue and Adjusted EBITDA of $3.5bn and $515mm, respectivelyAdvantage is an attractive asset for Conyers Park II–Clear leader in the mission-critical ecosystem linking brands and retailers–Robust financial profile consistent growth, strong cash flows, meaningful upside–Attractive entry valuationWe are confident in our ability to add value to the business–Conyers Park II principals have extensive knowledge of Advantage and experience with the Company’s blue chip customer base–Multiple levers for future growth and shareholder value creationSituation Overview