Scott. Thanks again,
great So, that definitive into Products excitement it’s we agreement today have announced we with acquire to Incorporated. RSI a that Home entered
as a walk available will we on this call. As posted we the presentation that have is our a been reminder, presentation Scott and you mentioned, prepared And through website. on has
we at remains, believe opportunity units little service buyers. leverage multifamily cost, opportunity and also construction. driven level offer in With platform We’ve very Aging I we me. very with referencing heavily XX confident that slide space. can has XX% will and industry low is have by the each some along this out, out time creating that future first although want with value-based high builder of four, roughly in market XXX,XXX, present, R&R to remain I’m construction we call follow ensure growth starts to share, And communicated new with to I product both our growth slide a multifamily you significant provide in summary I that new As thus Beginning growth, market industry R&R within breakdown. product. which for to construction single a end-use family new leveled a home and time a
as line, construction the home for smart does the to opportunity this both goal. we start release committed this as addition, continue Bottom market. centers We in absolutely feel over-index and home gain the our overall remain some continue and home R&R the existing industry to first to making will dealers. deferred achieve share time remains growth to and In enter to investments to buyers spending within significant us of markets, the new
service American the over to been semi-custom expand middle ability markets to our a is Moving relevant we end semi-custom space, to middle platform lower dealer to into provide end higher product. product lower communicating slide openly or stock end Woodmark’s semi-custom a to for offers limited positioning designed cost, remain We [ph] higher that and to current to now, for the end business. growth into value-based particularly of higher committed long-term five, all our expand manufacturing year markets. our strategy have
drivers. stated initial a that cost our was key we solution associated However, priority lower with two
that deferred serve is single of stated to the move a the to segments The and is specifically as home low-cost attract through and net Therefore, platform, to our applied in strongly a the family believe we be transaction stock of and younger continue shareholders need an buyers; into engineered line. the transaction amount from a issuance RSI common RSI point cash, with lower to overlap in-stock perspective service, American the slide the point. value of our take to of market. R&R they of very will is RSI’s in $X.XXX expand RSI’s price deals Woodmark’s first nation’s first with significant product designed later time the six. full on manufacturing details overview will demand builders second price lower top debt. generations presentation. From billion low through financing assumption no with funded Scott acquisition lower stock alignment has strategy to The you
is it this clearly We Financially, per a in the diluted feel earnings deal. this to Woodmark’s confidence RSI is accretive that have the American nearly approximately Following deal be positive to outstanding. significant shows transaction, X% margins will share. AWC’s investors profit and of RSI shareholders the own expected shares as
$XX We million we anticipate three to are to synergies phased on of to our immediate million but the this modeling, We continuing and earnings to synergies. expect in years. share any on $XX XX%, XX% to annual is over financial be to work excluding at next per run-rate least be four accretion
be the X adjusted ratio debt Following times. EBITDA our net transaction, to would approximately
XXXX. Woodmark a regulatory net a structure anticipate transaction. ratio American we subsidiary the will the by remain following EBITDA [XXXX], closings. flow, I’m From calendar to end Chairman year operate January perspective, nearly CEO. expecting XX, to to American and of customary we and honored to expect and close approval RSI as to in generate a timing, ends of that Woodmark’s On quarter this to to company combined as significant reducing our due debt review However, cash other subject X.X fiscal
slide eight, I background RSI. some on on to like Moving provide to would
both value-based Calendar the to of adjusted ago founded a team Simon Ron nine segments American With industry service RSI revenue within margin. and are with approximately strong Mr. and market. highly years construction Woodmark’s manufacturing So, $XXX EBITDA platform R&R. lower cabinetry they price great facilities, offering a XX% in-stock was strong be was the has as have and positioning and customer operator, new XX a million leader by XXXX efficient, by distribution exceptional culture. with year value very in an They the This and value-based a grown leveraging and opportunity lower recognized segment. low-cost price point performance growth superior point offers
from see a of brand slide value focused bath and strong kitchen, a with RSI you range can solutions nine, broad organization. within As offers portfolio home
home construction business also value-based kitchen solution stock in Although core within they with strong and cabinetry cabinetry, bath focused growth center, a their is opportunity offer in-stock and new R&R. both
a locations slide manufacturing combined with the including value to experience chain product XX, technology. a our invest our out their drive new and other. clearly leverage on ability and and fully to is business. channels. while at EBITDA looking the They each engineer have to sales in fully a the all enhance accretive relentless footprint operations offers taking into to margin, nine, flexibility to slide broad our pro supply The Moving platform RSI our They commitment low-cost operating XX% forma in strong customers’ offering. to product full cost complement continue And footprint across
the a at From on different consolidated business bath pro XX%. the revenue the better calendar of is mix to and Moving perspective, tremendous total in-stock, platform From accounting billion. service customer, then at the XXXX diversity needs. home that for dealer channel time, the company leverage At offers XX%, product perspective, product this service he through financing to to And hand XX%, forecasted from this increased at construction and perspective, I’ll mix on serve stock I’m of you back customer, add favors Scott, a company X%. to concentration in-stock back places consolidated $X.X growing The focused with the XX. given a XX%, DIYer will it rapidly consolidated XX, take with strength, deal year slide and are scale new and expanded all XX%, centers kitchen going at is ability special at that order details our value and XX% center with home stock to a going and the plus wrap-up. to come up with slide
