DATA
LBO Leverage Ratios	2008	2009
Average Total for New LBO's	4.2X	3.2X
LBO Market Data
Equity as a % of Transaction Value	17.9%	25.3%
U.S. Buyout Activity (announced transactions)	9,573	8,351
Sources: Standard & Poor’s CapitalIQ. Transaction Value > $25 million.

Study: Golden Parachutes Cheat Shareholders Jan 14, 2011 – Research links high severance packages with deal discounts.

Survey: Faster Pace, Larger Deals on Tap Jan 14, 2011 – A BDO poll of dealmakers indicates use of leverage is also increasing.

PE Fundraising Took Another Dive in 2010 Jan 12, 2011 – Dow Jones study finds that fundraising dropped another 16% from the previous year; mid-market buyouts funds managed to come out on top.

2011 Forecast: Window Shopping Dealmaking in the retail and consumer product space is back, perhaps preceding the return of the actual consumer

Crumbs Goes Public Through Reverse Merger Gourmet cupcake retailer goes public with help from the SPAC 57th Street General Acquisition.

 

ILEX: A Unique Investment Firm Specializing in Long Term Value Creation

Ilex Capital is a private investment firm that originates, structures and acts as lead equity investor in management-led buyouts, strategic minority equity investments, equity private placements, consolidations, and growth capital financings.

We target businesses that require $25 to $250 million in deployed capital per transaction to improve liquidity, drive operational improvement or lead a financial restructuring.  Our approach to the market is not confined by industry, but rather an opportunistic perspective, seeking returns whereby we are to create long term value.  Our portfolio of companies range from manufacturing to branded consumer products. Ilex acquires companies through complex transactions, including bankruptcy, corporate divestiture and the purchase of family-owned businesses.