Font size:  

Client Profiles - 2005

Genstar Capital LLC
LHC Group
General Dynamics Corporation
PalmSource, Inc.
         Spinnaker Exploration
Hornbeck Offshore Services, Inc.
Majestic Star Casino, LLC
ICO Global Communications

Genstar Capital LLC

   

Jefferies served as joint book running agent for the September 2005 $151 million senior subordinated notes offering for Panolam Industries, a leading manufacturer of decorative laminates, and sole manager for the April 2005 $60 million senior secured notes offering for North American Energy Partners, a leading provider of mining services, on behalf of Genstar Capital, a prominent private equity investment firm.

"When it comes to managing transactions for good middle market companies with business and financial complexity, Jefferies is one of the best in the business. Whether it be in healthcare, industrial or energy, they have the multi-sector industry expertise and relationships to get the transaction done, and deliver on what they say with impeccable execution. We have come to rely on Jefferies over the years and enjoy working with them because of the quality and commitment of the people and high energy culture. It's a great relationship."
– JEAN-PIERRE L. CONTE, Chairman & Managing Director

Client testimonials may not be representative of the experience of other clients or indicative of future performance or success.

Back to top

LHC Group


Jefferies served as lead manager and book runner on the June 2005 $77 million initial public offering for LHC Group, a provider of post-acute healthcare services.

"You only get one chance when it comes to an IPO, and we're glad we chose Jefferies as our partner. They helped us raise 20 percent more than we expected. We got the capital we needed to foster organic growth and to fund strategic acquisitions to expand our network and geographic reach."
– JOHN INDEST, COO

"Our initial public offering was a pivotal event in the history of our company, and we needed an underwriter we could trust.They spent more than a year with us preparing and conducted a very comprehensive marketing process.The result was a strong demand among investors with our stock pricing at the top of the filing range during a difficult IPO market."
– KEITH G. MYERS, Chairman & CEO

Client testimonials may not be representative of the experience of other clients or indicative of future performance or success.

Back to top

General Dynamics Corporation

   

Jefferies Quarterdeck advised General Dynamics Corporation, a leading supplier of sophisticated defense systems, on the February 2005 divestment of its Propulsion Systems unit to L-3 Communications and the January 2005 divestment of its Aeronautics Services unit to Wyle Laboratories, Inc.

"The unique insight of the Jefferies Quarterdeck team into the value drivers coupled with their in-depth knowledge of the potential buyer universe resulted in the highly successful divestiture of both our Aeronautics Services and Propulsion Systems business units. They conducted a competitive auction process in both cases, resulting in a strong valuation and advantageous transaction agreement terms. The senior level attention we received throughout the process proved invaluable."
– MICHAEL J. MANCUSO, Senior Vice President & Chief Financial Officer

Client testimonials may not be representative of the experience of other clients or indicative of future performance or success.

Back to top

PalmSource, Inc.


Jefferies Broadview advised PalmSource, a leading developer of software for mobile devices and provider of Palm OS®, in its negotiations with Japanese software company ACCESS Co. Ltd., a global provider of mobile content delivery and Internet access software, completed November 2005.

"Jefferies Broadview was able to effectively communicate our unique value proposition and diverse capabilities to potential buyers with very different interests in an accelerated time frame."
– MIKE KELLEY, Sr. VP, Engineering

"They helped us evaluate and maximize acquisition proposals and come to a mutual agreement with ACCESS, a very innovative company with a broad set of device vendor and operator relationships, at a very high premium - delivering great value to our shareholders."
– JEANNE SEELEY, CFO

"Jefferies Broadview provided guidance and support during a transitional time for our company. They brought in additional bidders and led a very dynamic and competitive process. We could not have been happier with the outcome."
– PATRICK MCVEIGH, Interim CEO

Client testimonials may not be representative of the experience of other clients or indicative of future performance or success.

Back to top

Spinnaker Exploration


Randall & Dewey, a division of Jefferies, advised Spinnaker Exploration, a leading independent Houston-based energy company, on its merger with Norsk Hydro, completed in December 2005.

"Randall & Dewey's strong E&P industry expertise and execution capabilities, combined with an in-depth understanding of our company's opportunities, were key factors in completing this merger successfully. They made it possible for Spinnaker Exploration shareholders to realize substantial and immediate value at an attractive premium while giving Spinnaker employees the opportunity to join Hydro—a company offering complementary technical capabilities, a proven track record as a high-quality operator of assets, greater resources and a management eager to preserve Spinnaker's entrepreneurial spirit."
– ROBERT SNELL, CFO

Client testimonials may not be representative of the experience of other clients or indicative of future performance or success.

Back to top

Hornbeck Offshore Services, Inc.

   

Jefferies served as joint book-running manager for the October 2005 $286 million follow-on public equity offering and $75 million tack-on senior notes offering for Hornbeck Offshore Services, Inc., a leading provider of marine transportation services to the offshore oil and gas industry.

"We chose Jefferies because of our access to their senior management, their creative approach to financing and their unique insight and understanding of the maritime oilfield service industry. They know our business in-depth, and we value them as a strategic financial partner in the on-going growth and success of our Company."
– TODD M. HORNBECK, Chairman, President and CEO

"Jefferies delivered flawless execution within a very tight time frame during what was a fairly choppy market in the immediate aftermath of Hurricane Rita. They provided access to the capital we needed for the construction of new vessels that will significantly expand our fleet, and for the funding of future growth initiatives."
– JAMES O. HARP, JR., Executive Vice President and CFO

Client testimonials may not be representative of the experience of other clients or indicative of future performance or success.

Back to top

Majestic Star Casino, LLC


Jefferies served as sole manager on the December 2005 three-tranche $303.5 million senior notes offering for Majestic Star Casino, LLC, a multi-jurisdictional gaming company.

"We have had a long-standing relationship with Jefferies and are continually impressed by their client focus, superior execution and determination. In a very short time frame, Jefferies provided us a committed financing so that we could realize our long-term strategic goal of acquiring Trump Indiana, our closest competitor. Jefferies put together an innovative deal structure which gave us absolute surety in execution and the best pricing possible. Jefferies was able to deliver what they promised and even exceeded our expectations."
– DON H. BARDEN, Manager, Chairman, President and Chief Executive Officer

Client testimonials may not be representative of the experience of other clients or indicative of future performance or success.

Back to top

ICO Global Communications


Jefferies served as lead manager of the August 2005 $650 million convertible notes offering for ICO North America, the wholly-owned subsidiary of ICO Global Communications (Holdings), a leading satellite communications company.

"We went in to the transaction hoping to raise 400 million dollars and, at the end of the day, we raised 650 million dollars—fully funding our plan. Jefferies far exceeded our expectations."
– CRAIG JORGENS, President

"We were extremely impressed by Jefferies' industry expertise, targeted approach, and commitment. We received senior level attention throughout the transaction and they did what they said they would, every step of the way."
– DONNA P. ALDERMAN, Vice Chairman

"Jefferies helped raise the capital needed to develop ICO's advanced hybrid satellite terrestrial MSS/ATC system and lay the foundation for next generation wireless communications."
– J. TIMOTHY BRYAN, CEO

Client testimonials may not be representative of the experience of other clients or indicative of future performance or success.

Back to top
Site Map       Customer Notices and Policies       Contact Us
© 2008 Jefferies & Company, Inc.       Member, SIPC