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 30 professionals worldwide based in New York, Charlotte, London and Hong Kong covering 150 companies
  • Completed over 200 transactions since the beginning of 2014 valued over $120 billion
  • #1 bookrunner for all Consumer & Retail IPOs since 20141
  • #1 issuer of Consumer Institutional High Yield and #3 issuer of Consumer Institutional Leveraged Loans since 20142
  • One of Wall Street’s leading M&A advisory firms in the consumer & retail space – completed over 45 advisory transactions valued over $45 billion since 2014 

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 90 professionals worldwide located in Houston, Dallas, London and Hong Kong covering over 120 companies
  • Completed over 180 bookrun financings and advisory transactions since the beginning of 2014 with valuation of approximately $200 billion
  • Leader in M&A, having advised on over $300 billion in transactions, including $29 billion in 2016 and $30 billion in 2017, with #1 market share over the past decade
  • Robust financing business with over $30 billion in private capital since 2012
  • Unrivaled technical and financial expertise with a deep bench of engineers, geologists, bankers, and support personnel
  • Deep industry relationships and insights, with the ability to think creatively to add value and bespoke advisory and financing strategies to help client achieve their objectives
  • Continued growth of the business with recent hires to expand capability in Energy Capital Markets and Energy Leveraged Finance

Financial Institutions

Principal Sector Focus:

Notable Facts:

  • Asset Managers
  • Broker Dealers
  • Business Development Companies
  • Commercial Finance
  • Consumer Finance
  • Insurance
  • Market Structure and Technology
  • 25 professionals worldwide based in New York, London and Hong Kong covering over 65 companies
  • Completed over 140 bookrun financings and advisory transactions since the beginning of 2014 valued in excess of $65 billion
  • Success across all product areas:
    • M&A: Burford Capital / Gerchen Keller, Singapore Exchange / Baltic Exchange, Optionshouse / E*TRADE, Cash America / First Cash, 360T / Deutsche Boerse, Endurance / Montpelier Re
    • High Yield: CURO Financial Technologies, Amigo, Title Max, Enova, KCG Holdings
    • Debt: People's United, Hercules Technology Growth Capital
    • Securitizations: Prosper, Lending Club, Enova, Purchasing Power, Progreso Financiero, Avant
    • IPOs: Banca Farmafactoring, Yintech, Bats Global, Lancadia, Apax Global Alpha, Victory Park
    • Follow-On Equity: CBOE, Bats Global, Markit
    • Converts: Hercules Growth Capital, GAIN Capital
    • Restructuring and Recapitalization: CAN Capital, 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 over 950 transactions with aggregate value of over $590 billion since the beginning of 2014
  • Active coverage of over 275 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 85 professionals worldwide based in New York, San Francisco, London and Hong Kong covering over 780 companies
  • Completed over 600 bookrun financings and advisory transactions since the beginning of 2014 with an aggregate value of $275 billion

Industrials

Principal Sector Focus:

Notable Facts:

  • Automotive
  • Automotive Aftermarket
  • Aviation, Aerospace & Defense
  • Building Products
  • Business & Industrial Services
  • Chemicals
  • Distribution
  • Diversified Services
  • Maritime & Shipping
  • Metals & Mining
  • Paper & Packaging
  • Power and Renewables 
  • 130 professionals worldwide based in New York, Boston, Chicago, Los Angeles, Washington DC, Frankfurt, Hong Kong, London and Toronto covering 515 companies
  • Completed over 350 bookrun financing and advisory transactions since the beginning of 2014 valued over $205 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 approximately 130 companies
  • Completed over 100 bookrun financings and advisory transactions since the beginning of 2014 valued at over $55 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 nine cities throughout the United States
  • Completed over 215 bookrun and advisory transactions with aggregate value of more than $25 billion since the beginning of 2014
  • Selected Transactions:
    • Senior Bookrunner for New Hampshire Health and Education Facilities Authority, $61 Million, Revenue Bonds, September 2017
    • Senior Bookrunner for Alaska Housing Finance Corporation, $143 Million, State Capital Project Bonds II, July 2017
    • Joint Bookrunner for the New York State Dormitory Authority, $1.7 billion, State Personal Income Tax Revenue Bonds, July 2017
    • Senior Manager for the Pennsylvania Housing Finance Agency, $261 million, Single Family Mortgage Revenue Bonds, June 2017
    • Joint Bookrunner for The Regents of the University of California, $1.136 billion, General Revenue Bonds, May 2017
    • Joint Bookrunner for New York State Environmental Facilities Corporation, $925 Million, State Clean Water and Drinking Water Revolving Funds Revenue Bonds
    • Senior Bookrunner for Golden State Tobacco Securitization Corporation, $630 Million, Tobacco Settlement Asset-Backed Bonds, April 2017
    • Senior Bookrunner for Metropolitan Transportation Authority, $325 Million, Transportation Revenue Bonds, March 2017
    • Senior Bookrunner for Texas Public Finance Authority, $375 Million, GO & Refunding Bonds, February 2017
    • Lead Bookrunner for TSASC, Inc, $1.1 billion Tobacco Settlement Bonds, January 2017

Real Estate, Gaming & Lodging

Principal Sector Focus:

Notable Facts:

  • Casino Operators, Online, Tribal Gaming
  • Data Centers
  • Gaming Project Financing
  • Industrial
  • Lodging & Leisure
  • Lottery Services and Gaming Equipment Manufacturers
  • Office
  • Real Estate Developers
  • Real Estate Private Equity Funds
  • Residential: Multifamily, Single Family, Land Developers
  • Retail
  • Self Storage
  • Over 20 professionals worldwide based in Charlotte, Frankfurt, London, New York and San Francisco covering over 190 companies
  • Completed over 160 bookrun financings and advisory transactions since the beginning of 2014 valued in excess of $70 billion
  • Acted as co-financial advisor to ClubCorp Holdings Inc on its $2.2 billion sale to Apollo Global Management, closed in September 2017
  • Acted as joint bookrunner on Farmland Partners Inc. issuance of $151 million of participating preferred stock, closed in August 2017
  • Completed a £110 million sole bookrun equity offering for Empiric Student Property, representing our sixth transaction with the Company, bringing total equity raised to £540 million, closed in July 2017
  • In December 2016, completed a $109 million joint bookrun equity offering for National Storage Affiliates, representing our fourth equity transaction with the Company, totaling over $690 million including its IPO, which Jefferies led in April 2015
  • Acted as lead left arranger for AGS on its $480 million credit facility, closed June 2017
  • Acted as sole lead arranger for Everi Payments on its $855 million credit facility, closed in May 2017
  • Completed a £350 million sole bookrun equity offering for Tritax Big Box REIT, representing our ninth transaction with the Company, bringing total equity raised to over £1.6 billion, closed in May 2017
  • Acted as a sole financial advisor to American Realty Capital Hospitality Trust on its $400 million convertible preferred equity investment from Brookfield Strategic Real Estate Partners II, closed in January 2017
  • 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
  • Electronics and Hardware
  • Enterprise Software
  • Internet and Digital Media
  • Semiconductors & Components
  • Technology Services and FinTech
  • Over 85 professionals worldwide based in New York, Boston, San Francisco, London, Mumbai and Hong Kong
  • Completed more than 230 bookrun financings and advisory transactions since the beginning of 2014 valued over $130 billion
  • Leader in global technology M&A
  • Category leader in technology leveraged finance with over 50 lead-left transactions since 2014
  • #2 underwriter of lead-left software leveraged loans in the last 12 months4
  • Significant momentum as a bookrunner of technology IPOs – bookrunner on 30 technology IPOs globally since 2014
  • Since 2014, Jefferies was the #1 bookrunner on convertible offerings under $300mm for technology issuers1

Sources:

1. Dealogic.

2. Bloomberg.

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.