Jefferies

Sector Expertise

Consumer & Retail

Principal Sector Focus:

Notable Facts:

  • Apparel and Footwear
  • Beverages
  • Consumer Products
  • Food Service Distribution
  • Grocery Retail
  • Mass and Discount Retail
  • Packaged Food
  • Protein & Produce
  • Restaurants
  • Specialty Retail
  • 30 professionals worldwide based in New York, Charlotte, London and Hong Kong covering 190 companies
  • Completed 148  transactions since the beginning of 2012 valued at over $70 billion, including 123 debt, equity and convertible capital markets transactions and 25 M&A advisory assignments
  • Top bank for North America Dining & Lodging in 2012 – Restaurants Investment Banking with 11.4% market share1
  • Top bank for North America Dining & Lodging in 2012 – Restaurants DCM and ECM1
  • Bookrunner on four of the top ten North America Dining & Lodging in 2012 – Restaurants DCM transactions1

Energy

Principal Sector Focus:

Notable Facts:

  • Oil & Gas Exploration and Production
  • Midstream Oil & Gas
  • Oil Field Services
  • One of the largest energy investment banking teams in the world
  • 80 professionals worldwide located in Houston, London and Hong Kong covering 225 companies
  • Completed 134 bookrun financings and advisory transactions since the beginning of 2012 with valuation of approximately $129 billion
  • #1 ranked in number and value of U.S. shale sell-side M&A over last 5 years2
  • Jefferies has advised on 7 of the top 10 U.S. shale transactions over the last 5 years
  • Achieved highest price paid in most North American shale basins, including the Marcellus, Haynesville, Fayetteville, Montney, Utica and Eagle Ford

Financial Institutions

Principal Sector Focus:

Notable Facts:

  • Regional Banks
  • Consumer Finance
  • Commercial Finance
  • Broker Dealers
  • Exchanges
  • Asset Managers
  • Mortgage REITs
  • 35 professionals worldwide based in New York, London and Hong Kong covering 170 companies
  • Completed 99 bookrun financings and advisory transactions since the beginning of 2012 valued in excess of $37 billion
  • Success in 2013 across all product areas:
    • M&A: GETCO/Knight Capital, PacWest/Capital Source
    • High Yield: Title Max, Stearns Holdings
    • Debt: Cash America, Principal Life
    • IPOs: F&G Life, Arrow Global,  JGWPT Holdings
    • Converts: GAIN Capital
    • Follow-On Equity: Harbinger Group, Gladstone Commercial

Financial Sponsors

Principal Sector Focus:

Notable Facts:

  • Sell-Side M&A
  • Acquisition Financing
  • Staple Financing
  • Dividend Recap Financing
  • IPO and Secondary Share Monetizations
  • Buy-Side M&A
  • One of the largest dedicated financial sponsor coverage groups in the world, with 10 managing directors worldwide
  • Completed more than 580 transactions with aggregate value of approximately $250 billion since the beginning of 2012
  • Active coverage of approximately 260 private equity firms
  • Coverage by Fund Geographic Focus
    • 30% Global 
    • 10% Europe 
    • 60% Americas
  • Coverage by Fund Size
    • 44% < $1 billion
    • 32% $1–3 billion
    • 24% >$3 billion
 

Healthcare

Principal Sector Focus:

Notable Facts:

  • Large-Cap Pharmaceuticals
  • Specialty Pharmaceuticals
  • Generic Pharmaceuticals
  • Pharmaceutical Services
  • Biotechnology
  • Diagnostics
  • Life Science Tools
  • Medical Devices
  • Healthcare IT
  • Healthcare Providers
  • Managed Care
  • Healthcare REITs
  • One of the largest healthcare investment banking teams in the world
  • 75 professionals worldwide based in New York, San Francisco, London and Hong Kong covering 900 companies
  • Completed 245 bookrun financings and advisory transactions since the beginning of 2012 with an aggregate value of approximately $81 billion
  • #1 ranked bookrunner globally in the number of healthcare follow-on equity transactions since January 1, 20123
  • #1 ranked financial advisor in number of U.S. healthcare M&A transactions since January 1, 20124

Industrials

Principal Sector Focus:

Notable Facts:

  • Aerospace & Defense
  • Business Services
  • Capital Goods
  • Chemicals
  • Construction & Building Materials
  • Maritime
  • Metals & Mining
  • Paper & Packaging
  • Power
  • Transportation & Logistics
  • 70 professionals worldwide based in New York, Chicago, Los Angeles, Frankfurt, Hong Kong, London and Toronto covering 540 companies
  • Completed 189 bookrun financing and advisory transactions since the beginning of 2012 valued at over $100 billion

Media & Telecom

Principal Sector Focus:

Notable Facts:

  • Data and Information Services
  • Advertising and Marketing Services
  • Content and Entertainment
  • Internet Infrastructure
  • Wireless and Satellite
  • Wireline Telecom Providers
  • 25 professionals worldwide based in New York and London covering 180 companies
  • Completed 62 bookrun financings and advisory transactions since the beginning of 2012 valued at over $38 billion
  • Breakout year in 2013 executing over 40 transactions with over $28 billion in transaction value
  • Added more than 15 new clients and executed 5 bookrun financings for a single client in a 4 month span
  • Ascended to 13th place in Dealogic U.S. league tables with Top 10 placement in Equities
  • Public company clients accounted for approximately 50% of total transactions
     

Public Finance

Principal Sector Focus:

Notable Facts:

  • Airports
  • Economic Development
  • Education
  • General Obligation Bonds
  • Healthcare
  • Housing
  • Not-For-Profit Entities
  • Public Power
  • State Revolving Funds
  • Transportation
  • Water and Sewer
  • 50 professionals located in 11 cities throughout the United States
  • Completed 177 bookrun financings and advisory transactions since the beginning of 2012 with an aggregate value of over $17 billion
  • Awarded 2012 Northeast Deal of the Year by The Bond Buyer: Jefferies served as senior book-running manager for the $371 million state revolving fund transaction for the Massachusetts Water Pollution Abatement Trust 
  • Senior bookrunner for $910 million Triborough Bridge and Tunnel Authority Revenue Refunding Bonds in January 2013
  • Senior bookrunner $372 million San Diego Regional Airport Authority Revenue Bonds in January 2013 
  • Senior bookrunner $800 million New York City General Obligation Bonds in December 2013
  • Senior bookrunner for $378 million Illinois State Toll Highway Authority, Toll Revenue Bonds in January 2014
  • Senior bookrunner for $339 million State of Wisconsin, Transportation Revenue Bonds in  March 2014

Real Estate, Gaming & Lodging

Principal Sector Focus:

Notable Facts:

  • Residential: Multifamily, Single Family, Home Builders
  • Industrial
  • Office
  • Retail
  • Storage
  • Lodging & Leisure
  • Real Estate Private Equity Funds
  • Real Estate Developers
  • Data Centers
  • Casino Operators, Online, Tribal Gaming
  • Lottery Services and Gaming Equipment Manufacturers
  • Gaming Project Financing
  • 20 professionals worldwide based in Charlotte, London, New York and San Francisco covering 170 companies
  • Completed 75 bookrun financings and advisory transactions since the beginning of 2012 valued in excess of $20 billion
  • Recognized for 2013 Best IPO by EuroWeek for Countrywide £200 million IPO for which Jefferies acted as joint book running manager
  • In December 2013 completed the largest sole bookrun equity offering by Jefferies in Europe
  • Works closely with Jefferies LoanCore, a 50/50 joint venture between Jefferies and GIC that provides mortgage loans to fund commercial real estate
  • In May 2012, sponsored first-ever Single-Family For-Rent industry conference
  • Served as joint bookrunner for the largest European real estate IPO in 2012

Technology

Principal Sector Focus:

Notable Facts:

  • Communications Technologies
  • Enterprise Software
  • Semiconductors & Components
  • Electronics and Hardware
  • Internet and Digital Media
  • Technology Services
  • 60 professionals worldwide based in New York, Boston, Silicon Valley, San Francisco, London, Mumbai, and Hong Kong covering 610 companies
  • Completed 128 bookrun financings and advisory transactions since the beginning of 2012 valued at $58 billion
  • #2 ranked over the last 5 years in number of global technology M&A sell-side transactions less than $1 billion in deal value5
  • Awarded 2013 Loan Deal of the Year for the Americas by The Banker magazine, a publication of the Financial Times: Jefferies acted as Lead Arranger for Thoma Bravo’s $525 million acquisition finance for Blue Coat Systems

Sources:

1. Dealogic.

2. IHS Herold - Transactions greater than $100MM.

3. Thomson Financial - Healthcare common stock offerings (including follow-ons, rights offerings, PIPEs, and block trades). Global ranking by number of bookrun transactions.

4. Thomson Financial - U.S. target M&A transactions.  U.S. ranking by number of advised transactions.

5. Thomson Financial - Number of North American & Western European technology transactions < $1 billion from 1/1/06 - 12/31/12. Excludes exchange offers, self-tenders, recapitalizations, repurchases, remaining interests and privatizations.

Note: Number of professionals are approximated.