A Differentiated, Global Platform
150+ Amsterdam Moscow 145+ London Frankfurt Paris Vienna Bankers in North Zurich Bankers in Europe Chicago Milan New York Madrid Beijing and South America Los Tokyo and Asia Angeles Shanghai
The Lincoln Difference Mumbai 2014 Summary . Globally integrated investment bank . Transactions: 145+ worldwide . Middle market focus . Strategic acquirers: ~60% of deals . Strategy . Cross-border outcomes: ~40% of deals
- Industry expertise São Paulo . Expanded reach: opened Zurich office - Global footprint / reach - Unsurpassed execution - Senior commitment
Client Type Transaction Type Buyer Type
Cross-Border Strategic Private 22% Sell-side 32% 32% 39% Cross-Border Financial 49% Public 6% Buy-side Domestic Strategic 72% 10% Private Equity Capital Raise and Other 26% 12% Domestic Financial
Note: Transactions include M&A advisory, capital raise, and restructuring transactions; excludes valuation and other advisory assignments; represents 2014 transactions
4 Lincoln International Momentum
Recent Developments Recognized M&A Advisory Market Leader
Advisor to private Transactions in 2015 2014 #1 equity globally 146 2014
#1 Advisor To Private Investment Bank Bankers in North Equity Globally of the Year Lincoln offices and South 150+ 16 worldwide as ranked by as awarded by America
Bankers in Europe of 2014 deals to Source: Mergermarket; all completed Source: Mergers & Acquisitions 145+ and Asia 58% strategic buyers 2014 sell-side deals in North America Magazine and Europe
Global Transaction Growth 2014 M&A Assignments <$300M Total Completed Transactions Rank Investment Bank # Deals 160 146 #1 Rothschild 101 140 128 117 #2 Houlihan Lokey 95 120 107 #3 Lincoln International LLC 92 100 86 #4 Lazard 85 70 #5 Goldman Sachs 67 80 63 67 56 #6 William Blair & Company 63 60 44 37 #7 Raymond James & Associates, Inc. 62 40 #8 Piper Jaffray & Co 54 20 #9 Moelis & Company LLC 53 0 #10 RBC Capital Markets Inc 52 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Source: Mergermarket; represents all sell-side M&A transactions with EV <$300 million announced Note: Includes M&A advisory, capital raises, restructuring transactions, fairness opinions and pension in North America and Europe in 2014 as recorded by Mergermarket; excludes accounting firms and opinion advisory transactions; excludes valuation and other advisory assignments M&A networks (e.g., M&A International); does not reflect all Lincoln sell-side transactions
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