Jefferies

Sector Expertise

Consumer & Retail

Principal Sector Focus:

Notable Facts:

  • Apparel and Footwear
  • Automotive Aftermarket
  • Beverages
  • Consumer Products
  • Food Service Distribution
  • Grocery Retail
  • Mass and Discount Retail
  • Packaged Food
  • Protein & Produce
  • Restaurants
  • Specialty Retail
  • Over 25 professionals worldwide based in New York, Charlotte, London and Hong Kong covering more than 170 companies
  • Completed 200 transactions since the beginning of 2013 valued at approximately $215 billion
  • #1 consumer & retail equity franchise – served as left-lead bookrunner on 1 out of 5 consumer & retail IPOs since 20141 and involved as a bookrunner on over 50% of consumer & retail IPOs since 20141
  • Consistently rank as a top 3 consumer & retail middle market leveraged finance platform2
  • One of Wall Street’s leading M&A advisory firms in the consumer & retail space – completed over 50 advisory transactions valued over $52 billion 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
  • Approximately 80 professionals worldwide located in Houston, London and Hong Kong covering over 120 companies
  • Completed over 210 bookrun financings and advisory transactions since the beginning of 2013 with valuation of over $205 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 $120 billion in midstream transactions including two of the four largest transactions in the last 12 months and five of the 12 largest transactions in the last four years
  • Leader in innovative oil and gas financings having raised over $27 billion in private capital since 2008 utilizing a wide range of structures and assets

Financial Institutions

Principal Sector Focus:

Notable Facts:

  • Consumer Finance
  • Commercial Finance
  • Broker Dealers
  • Market Structure
  • Asset Managers
  • Business Development Companies
  • Over 20 professionals worldwide based in New York, London and Hong Kong covering over 90 companies 
  • Completed over 140 bookrun financings and advisory transactions since the beginning of 2013 valued in excess of over $65 billion
  • Success across all product areas:
    • M&A: Singapore Exchange / Baltic Exchange, Optionshouse / E*TRADE, Cash America / First Cash, 360T / Deutsche Boerse, Endurance / Montpelier Re, Lone Star / DFC Global
    • High Yield: Title Max, Enova, KCG Holdings, DFC Global
    • Debt: People's United, Hercules Technology Growth Capital
    • IPOs: Yintech, Bats Global, Lancadia, Apax Global Alpha, Victory Park
    • Converts: GAIN Capital
    • Follow-On Equity: Markit, Gladstone Commercial
    • Securitizations: Lending Club, Enova, Purchasing Power, Progreso Financiero, Avant
    • Restructuring and Recapitalization: DFC Global

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 over 10 senior professionals worldwide
  • Completed more than 850 transactions with aggregate value of approximately $480 billion since the beginning of 2013
  • Active coverage of 250 private equity firms

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 90 professionals worldwide based in New York, San Francisco, London and Hong Kong covering 720 companies
  • Completed over 515 bookrun financings and advisory transactions since the beginning of 2013 with an aggregate value of over $200 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
  • 120 professionals worldwide based in New York, Boston, Chicago, Los Angeles, Washington DC, Frankfurt, Hong Kong, London and Toronto covering 500 companies
  • Completed over 310 bookrun financing and advisory transactions since the beginning of 2013 valued at approximately $200 billion

Media, Communications & Information Services

Principal Sector Focus:

Notable Facts:

  • Data and Information Services
  • Advertising and Marketing Services
  • Content and Entertainment
  • Media, Publishing and Broadcast 
  • Internet Infrastructure
  • Wireless and Satellite
  • Wireline and Cable 
  • Towers, Distributed Antenna Systems (DAS) and Small Cell 
  • Over 15 professionals worldwide based in New York and London covering over 220 companies 
  • Completed over 105 bookrun financings and advisory transactions since the beginning of 2013 valued at over $60 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
  • Approximately 40 professionals located in 7 cities throughout the United States
  • Completed 240 bookrun and advisory transactions with aggregate value of more than $16 billion since the beginning of 2013
  • Selected Transactions:
    • Sole Bookrunner for State of California, $200 million General Obligation Bonds (Index Floating Rate Bonds), September 2016
    • Sole Bookrunner for New York Counties Tobacco Trust VI, $161 million Tobacco Settlement Bonds, September 2016
    • Senior Bookrunner for Pennsylvania Housing Finance Agency, $254 million Single Family Mortgage Revenue Bonds, September 2016
    • Senior Bookrunner for Ohio Water Development Authority, $150 million Water, Sewer & Gas Facilities, Water Development Revenue Bonds, July 2016
    • Senior Bookrunner for University of Connecticut, $341 million General Obligation Bonds, April 2016
    • Senior Bookrunner for the State of Wisconsin, $120 million Clean Revenue Refunding Bonds, March 2016
    • Senior Bookrunner for the City of New York, $800 million General Obligation Bonds, February 2016
    • Senior Bookrunner for the Maryland Health and Higher Education Facilities Authority, (Mercy Medical Center), $135 million Revenue Bonds, February 2016
    • Senior Bookrunner for the Hidalgo County Drainage District #1, $52 million Water & Sewer Facilities, Unlimited Tax Refunding Bonds, January 2016

Real Estate, Gaming & Lodging

Principal Sector Focus:

Notable Facts:

  • Residential: Multifamily, Single Family, Land Developers
  • 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
  • Over 20 professionals worldwide based in Charlotte, Frankfurt, London, New York and San Francisco covering over 150 companies
  • Completed 155 bookrun financings and advisory transactions since the beginning of 2013 valued in excess of $140 billion
  • In March 2016 completed a £125 million sole bookrun equity offering for Empiric Student Property, representing our fifth transaction with the Company, bringing total equity raised by Jefferies to £430 million
  • In February 2016 completed a £200 million sole bookrun equity offering for Tritax Big Box REIT, representing our seventh transaction with the Company, bringing total equity raised by Jefferies to £910 million
  • In August 2015 acted as sole financial advisor to Goldman Sachs and TPG Special Situations Partners on the sale of Kew Green Hotels Limited; the largest lodging transaction in Europe in 2015 by number of assets and the second largest by transaction value, at time of closing
  • 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 February 2015
  • Served as global coordinator and joint bookrunner for the largest IPO on AIM in 2014
  • Works closely with Jefferies LoanCore, a 50/50 joint venture between Jefferies and GIC that provides mortgage loans to fund commercial real estate

Technology

Principal Sector Focus:

Notable Facts:

  • Communications Technologies
  • Enterprise Software
  • Semiconductors & Components
  • Electronics and Hardware
  • Internet and Digital Media
  • FinTech
  • Technology Services and FinTech
  • Over 70 professionals worldwide based in New York, Boston, Silicon Valley, San Francisco, London, Mumbai, and Hong Kong
  • Completed over 225 bookrun financings and advisory transactions since the beginning of 2013 valued over $120 billion
  • Leader in global technology M&A
  • Category leader in technology leveraged finance with over 35 lead-left transactions since 2013
  • #6 underwriter of lead-left software leveraged loans in the last twelve months4
  • Significant momentum as a bookrunner of technology IPOs – bookrunner on over 25 technology IPOs globally since 2013
  • In 2015, Jefferies was the #1 bookrunner on convertible offerings under $300mm for technology issuers

Sources:

1. Dealogic.

2. Bloomberg. Represents rankings based on all Institutional leveraged loan and high yield issues less than $500 million in the consumer & retail verticals.

3. IHS Herold - Transactions greater than $100 million. Includes U.S. sell-side asset transactions over $100 million.

4. LCD, a unit of S&P Capital IQ

Note: Number of professionals and transaction count are approximated.