On the Record · Jefferies Financial
Jefferies Financial acquisitions, on the record
The businesses Jefferies Financial bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Foursight Capital LLCWord for word“In November 2023, we entered into an agreement to sell all of our membership interest in Foursight Capital LLC (“Foursight”).” 10-K for 2023 | agreed divestiture | In November 2023 | — |
Idaho TimberWord for word“During the year ended November 30, 2022, we sold all of our interests in Idaho Timber and Oak Hill investment management company, a registered investment adviser and general partner entity.” 10-K for 2023 | divestiture | During the year ended November 30, 2022 | — |
Oak Hill investment management companyWord for word“Noncash investing activities related to the sale were a receivable of $ 215.9 million.” 10-K for 2023 | divestiture | — | a receivable of $ 215.9 million |
Vitesse EnergyWord for word“The decrease is primarily due to lower cost of sales and depreciation expense related to our significantly reduced merchant banking portfolio primarily as a result of divestitures made within the last two years including the sale of Idaho Timber in August 2022 and spin-off of Vitesse Energy in January 2023.” 10-K for 2023 | divestiture | January 2023 | — |
Vitesse Oil, LLCWord for word“During the year ended November 30, 2023, we had non-cash investing activities of $ 30.6 million related to the acquisition of Vitesse Oil, LLC.” 10-K for 2023 | acquisition | During the year ended November 30, 2023 | $ 30.6 million |
Stratos Group InternationalWord for word“On September 14, 2023, we acquired the additional 50.1 % voting interest in Stratos (refer to Note 4, Business Acquisitions for further information).” 10-K for 2023 | acquisition | On September 14, 2023 | — |
OpNet S.p.A.Word for word“During the fourth quarter of 2023, we acquired Stratos Group International (“Stratos”) (formerly FXCM Group, LLC, or “FXCM”) and OpNet S.p.A. (“OpNet,” formerly known as “Linkem”), which are now consolidated subsidiaries.” 10-K for 2023 | acquisition | During the fourth quarter of 2023 | — |
FoursightWord for word“Foursight, our wholly-owned subsidiary engaged in the lending and servicing of automobile loans (until the sale in April 2024);” 10-K for 2024 | agreed divestiture | until the sale in April 2024 | — |
Stratos Group International (formerly FXCM Group, LLC)Word for word“During the fourth quarter of 2023 , we acquired Stratos Group International (“Stratos”) (formerly FXCM Group, LLC, or “FXCM”) and OpNet S.p.A. (“OpNet,” formerly known as “Linkem”), investments in our legacy merchant banking portfolio which became consolidated subsidiaries.” 10-K for 2024 | acquisition | — | — |
OpNet S.p.A. (formerly Linkem)Word for word“During the fourth quarter of 2023 , we acquired Stratos Group International (“Stratos”) (formerly FXCM Group, LLC, or “FXCM”) and OpNet S.p.A. (“OpNet,” formerly known as “Linkem”), investments in our legacy merchant banking portfolio which became consolidated subsidiaries.” 10-K for 2024 | acquisition | fourth quarter of 2023 | — |
OpNet wholesale wireless broadband businessWord for word“During the fourth quarter of 2023, we became the primary beneficiary of OpNet’s wholesale wireless broadband business, which was classified as held for sale during the fourth quarter of 2023 and subsequently sold during the third quarter of 2024.” 10-K for 2024 | divestiture | sold during the third quarter of 2024 | — |
Go Internet S.p.A.Word for word“The primary acquisition executed during 2024 was the acquisition of a 97.2 % ownership interest in Go Internet S.p.A. (“Go Internet”) for a total consideration of € 4.1 million .” 10-K for 2024 | acquisition | During 2024 | € 4.1 million |
OpNet wholesale operating assetsWord for word“In August 2024, OpNet sold substantially all of its wholesale operating assets to Wind Tre S.p.A., a subsidiary of CK Hutchison Group Telecom Holdings Ltd.” 10-K for 2025 | divestiture | August 2024 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-12-31 | $9.7 million | — | — |
| 2017-12-31 | $0 | — | — |
| 2018-11-30 | $0 | — | — |
| 2019-11-30 | −$100.7 million | — | — |
| 2020-11-30 | $0 | — | — |
| 2021-11-30 | $0 | $0 | — |
| 2022-11-30 | — | $333.1 million | $0 |
| 2023-11-30 | — | $0 | $132.5 million |
| 2024-11-30 | — | $0 | $8.6 million |
| 2025-11-30 | — | $26.8 million | — |
Deal filings since 2016
- 2025-09-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-04-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-01-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-11-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-06-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-06-11 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-04-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Jefferies Financial’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-01-28. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.