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 nearly 190 companies
  • Completed more than 225 transactions since the beginning of 2012 valued at approximately $220 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 60% of consumer & retail IPOs since 20151
  • #1 consumer & retail middle market leveraged finance platform2
  • One of Wall Street’s leading M&A advisory firms in the consumer & retail space – completed over 45 advisory transactions valued at over $45 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 150 companies
  • Completed over 235 bookrun financings and advisory transactions since the beginning of 2012 with valuation of over $255 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:

  • 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 approximately 60 companies 
  • Completed 170 bookrun financings and advisory transactions since the beginning of 2012 valued in excess of over $70 billion
  • Success across all product areas:
    • M&A: 360T / Deutsche Boerse, Endurance / Montpelier Re, GFI Group / BGC Partners, AmericanWest Bank / Banner, Lone Star / DFC Global
    • High Yield: Title Max, Enova, KCG Holdings, DFC Global
    • Debt: People's United, Hercules Technology Growth Capital
    • IPOs: Apax Global Alpha, 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 900 transactions with aggregate value of approximately $480 billion since the beginning of 2012
  • Active coverage of approximately 225 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
  • 90 professionals worldwide based in New York, San Francisco, London and Hong Kong covering 855 companies
  • Completed over 550 bookrun financings and advisory transactions since the beginning of 2012 with an aggregate value of over $220 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 100 professionals worldwide based in New York, Boston, Chicago, Los Angeles, Washington DC, Frankfurt, Hong Kong, London and Toronto covering 560 companies
  • Completed over 340 bookrun financing and advisory transactions since the beginning of 2012 valued at over $190 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 300 companies 
  • Completed over 120 bookrun financings and advisory transactions since the beginning of 2012 valued at over $65 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 9 cities throughout the United States
  • Completed more than 280 bookrun and advisory transactions with aggregate value of more than $25 billion since the beginning of 2012 
  • Selected Transactions:
    • Senior Bookrunner for the State of Wisconsin, $98 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
    • Senior Bookrunner for Missouri State Environmental Improvement and Energy Resources Authority, $136 million, Water Pollution Control and Drinking Water Refunding Revenue Bonds, December 2015
    • Senior Bookrunner for the Virgin Islands Public Finance Authority, $89 million, Grant Anticipation Bonds, December 2015
    • Senior Bookrunner for the City of Austin, Texas, $295 million Public Improvement and Refunding Bonds, Certificates of Obligation and Public Property Finance Contractual Obligations, September 2015
    • Senior Bookrunner for Miami-Dade County, Florida, $481 million Water and Sewer System Revenue Refunding Bonds, May 2015
    • Joint Bookrunner for the Maryland Health & Higher Education Facilities Authority (Johns Hopkins Health System), $183 million Revenue Bonds, May 2015

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 25 professionals worldwide based in Charlotte, Frankfurt, London, New York and San Francisco covering 125 companies
  • Completed approximately 150 bookrun financings and advisory transactions since the beginning of 2012 valued in excess of $45 billion
  • 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
  • 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

Technology

Principal Sector Focus:

Notable Facts:

  • Communications Technologies
  • Enterprise Software
  • Semiconductors & Components
  • Electronics and Hardware
  • Internet and Digital Media
  • Technology Services and FinTech
  • Approximately 70 professionals worldwide based in New York, Boston, Silicon Valley, San Francisco, London, Mumbai, and Hong Kong
  • Completed over 240 bookrun financings and advisory transactions since the beginning of 2012 valued over $115 billion
  • Leader in global technology M&A
  • Category leader in technology leveraged finance with over 41 lead-left transactions since 2012 
  • #2 underwriter of lead-left software leveraged loans in the last twelve months5
  • Significant momentum as a bookrunner of technology IPOs – bookrunner on over 25 technology IPOs globally since 2012
  • In 2015, Jefferies was the #1 bookrunner on convertible offerings under $300mm

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 $100 million.

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, LTM 8/31/15.

6. Dealogic by number of offerings, as of October 13, 2015.

Note: Number of professionals and transaction count are approximated.