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
  • 25 professionals worldwide based in New York, Charlotte, London and Hong Kong covering 155 companies
  • Completed 210 transactions since the beginning of 2012 valued at approximately $130 billion, including 168 debt, equity and convertible capital markets transactions and 42 M&A advisory assignments
  • #1 consumer & retail equity franchise – served as left-lead bookrunner on 1 out of 3 consumer & retail IPOs since 20141 and involved as a bookrunner on over 50% of consumer & retail IPOs since 20141
  • #1 consumer & retail middle market leveraged finance platform2
  • One of Wall Street’s leading M&A advisory firms in the consumer & retail space – completed 42 advisory transactions valued at approximately $47 million since 2012 

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 190 companies
  • Completed 190 bookrun financings and advisory transactions since the beginning of 2012 with valuation of approximately $215 billion
  • #1 ranked in number and value of U.S. shale sell-side M&A over last 5 years3
  • Advised on three of the four largest U.S. onshore E&P transactions since 2008
  • Advised on over $100 billion in midstream transactions including two of the three largest midstream M&A transactions in the last 12 months and five of the eight largest midstream M&A transactions in the last three years
  • Leader in innovative oil and gas financings having raised over $15 billion in private capital since 2012 utilizing a wide range of structures and assets

Financial Institutions

Principal Sector Focus:

Notable Facts:

  • Regional Banks
  • Consumer Finance
  • Commercial Finance
  • Broker Dealers
  • Exchanges
  • Asset Managers
  • Business Development Companies
  • 30 professionals worldwide based in New York, London and Hong Kong covering 110 companies
  • Completed over 140 bookrun financings and advisory transactions since the beginning of 2012 valued in excess of $50 billion
  • Success in 2013 – Q1 2015 across all product areas:
    • M&A: AmericanWest Bank / Banner, GFI Group / BGC Partners
    • High Yield: Title Max, Enova
    • Debt: People's United, Hercules Technology Growth Capital, Fulton Financial 
    • IPOs: Arrow Global, Green Bancorp, Victory Park 
    • Converts: GAIN Capital
    • Follow-On Equity: Gladstone Commercial, Sterling Bancorp

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 770 transactions with aggregate value of approximately $400 billion since the beginning of 2012
  • Active coverage of approximately 250 private equity firms
  • Coverage by Fund Size
    • 50% < $1 billion
    • 36% $1–5 billion
    • 14% >$5 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
  • Over 85 professionals worldwide based in New York, San Francisco, London and Hong Kong covering 920 companies
  • Completed over 440 bookrun financings and advisory transactions since the beginning of 2012 with an aggregate value of approximately $150 billion 

Industrials

Principal Sector Focus:

Notable Facts:

  • Aerospace & Defense
  • Automotive Aftermarket
  • Autos
  • Capital Goods
  • Chemicals
  • Construction & Building Materials
  • Distribution
  • Diversified Services
  • Maritime
  • Metals & Mining
  • Packaging & Paper
  • Power, Renewables and Infrastructure
  • Transportation & Logistics
  • Over 90 professionals worldwide based in New York, Boston, Chicago, Los Angeles, Washington DC, Frankfurt, Hong Kong, London and Toronto covering over 510 companies
  • Completed 310 bookrun financing and advisory transactions since the beginning of 2012 valued at over $172 billion

Media, Communications & Information Services

Principal Sector Focus:

Notable Facts:

  • Data and Information Services
  • Advertising and Marketing Services
  • Content and Entertainment
  • Media and Broadcast
  • Internet Infrastructure
  • Wireless and Satellite
  • Wireline and Cable 
  • Towers, Distributed Antenna Systems (DAS) and Small Cell 
  • 20 professionals worldwide based in New York and London covering over 170 companies
  • Completed over 110 bookrun financings and advisory transactions since the beginning of 2012 valued at approximately $58 billion
  • Strong momentum in 2014 through YTD 2015 with over 50 bookrun financings and advisory transactions valued at over $21 billion 

Public Finance

Principal Sector Focus:

Notable Facts:

  • Airports
  • Economic Development
  • Education
  • General Obligation Bonds
  • Healthcare
  • Housing
  • Not-For-Profit Entities
  • Public Power
  • Public Private Partnerships
  • State Revolving Funds
  • Transportation
  • Water and Sewer
  • Over 40 professionals located in 13 cities throughout the United States
  • Completed more than 270 bookrun and advisory transactions with aggregate value of more than $24 billion since the beginning of 2012 
  • Selected Transactions:
    • Senior Bookrunner for Miami-Dade County, Florida, $481 million Water and Sewer System Revenue Refunding Bonds, May 2015
    • Joint Bookrunner for Maryland Health & Higher Education Facilities Authority’s (Johns Hopkins Health System) $183 million Revenue Bonds, May 2015
    • Senior bookrunner for Buffalo and Erie County Industrial Land Development Corporation’s $93 million Obligated Group Revenue Bonds (Catholic Health System, Inc. Project), April 2015
    • Sole bookrunner for Missouri Health and Educational Facilities Authority’s $126 million Health Facilities Revenue Bonds (CoxHealth), April 2015
    • Senior bookrunner for Ohio Water Development Authority’s $138 million Water Pollution Control Loan Fund Refunding Revenue Bonds, December 2014
    • Joint Lead bookrunner for The School Board of Orange County, Florida, $132 million Certificates of Participation Bonds in December 2014
    • Senior bookrunner for City of San Antonio, Texas, Electric and Gas Systems’ $125 million Variable Rate Junior Lien Revenue Refunding Bonds in December 2014
    • Senior bookrunner for the Virgin Islands Public Finance Authority’s $247 million Gross Receipt Taxes Loan Note in November 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
  • 25 professionals worldwide based in Charlotte, Frankfurt, London, New York and San Francisco covering 130 companies
  • Completed approximatley 140 bookrun financings and advisory transactions since the beginning of 2012 valued in excess of $44 billion
  • In April 2015 completed a $299 million lead bookrun IPO for National Storage Affiliates, the first self storage REIT IPO since 2004 
  • Acted as sole financial advisor to AmREIT, Inc. on its highly publicized hostile takeover defense and eventual sale that closed in October 2014
  • Served as global coordinator and joint bookrunner for the largest IPO on AIM in 2014
  • 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 and Payments
  • 70 professionals worldwide based in New York, Boston, Silicon Valley, San Francisco, London, Mumbai, and Hong Kong covering 430 companies
  • Completed approximately 200 bookrun financings and advisory transactions since the beginning of 2012 valued over $96 billion
  • #3 ranked in number of global technology M&A sell-side transactions less than $1 billion in deal value since the beginning of 20124
  • Category leader in technology leveraged finance with over 30 lead-left transactions since 2012
  • #3 underwriter of lead-left software leveraged loans in the last twelve months5
  • Significant momentum as a bookrunner of technology IPOs – bookrunner on over 20 technology IPOs globally since 2012

Sources:

1. Dealogic.

2. Bloomberg. Represents rankings based on all Institutional USD leveraged loan and high yield issues less than $400 million in the consumer & retail verticals.

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

4. Thomson Financial - Number of global M&A sellside technology transactions < $1 billion from 1/1/2012 – 7/15/2015. Excludes exchange offers, self-tenders, recapitalizations, repurchases, remaining interests and privatizations.

5. LCD, a unit of S&P Capital IQ.

Note: Number of professionals and transaction count are approximated.