Welcome to our dedicated page for Houlihan Lokey news (Ticker: HLI), a resource for investors and traders seeking the latest updates and insights on Houlihan Lokey stock.
Houlihan Lokey, Inc. (NYSE: HLI) is a prominent global investment bank renowned for its expertise in mergers and acquisitions (M&A), capital markets, valuation, financial restructuring, and strategic consulting. Serving a diverse clientele that includes corporations, institutions, and governments, the firm operates from offices strategically located across the United States, Europe, and the Asia-Pacific region.
Houlihan Lokey’s operations are segmented into three core business units:
- Corporate Finance: Specializes in providing M&A and capital markets advisory services, helping clients navigate complex transactions and achieve their financial goals.
- Financial Restructuring: Known for advising on some of the most intricate restructuring deals globally, this segment is instrumental in guiding clients through financial distress and turnaround situations.
- Financial and Valuation Advisory Services: Offers comprehensive valuation, financial opinion, and strategic consulting services, ensuring clients receive independent and intellectually rigorous advice.
The firm's dedication to independent advice and intellectual rigor has made it a trusted partner in the financial sector. Houlihan Lokey is consistently ranked as a top advisor in various categories. According to Thomson Reuters, the firm holds the title of the No. 1 M&A advisor for U.S. transactions under $5 billion, the No. 1 M&A fairness opinion advisor for U.S. transactions over the past decade, and the No. 1 global restructuring advisor.
Recent achievements include strategic partnerships and successful advisory roles in high-profile transactions, further solidifying its reputation as a leader in investment banking. The company continues to expand its global footprint and enhance its service offerings, ensuring it remains at the forefront of the industry.
For more detailed information, visit the official website at www.hl.com.
Houlihan Lokey (NYSE:HLI) has announced the appointment of Carle Felton as Managing Director in its Capital Markets Group, based in Atlanta. Felton joins from Cascadia Capital, where he headed the Capital Markets Advisory practice, and previously worked at Goldman Sachs' Private Capital and Hybrid Capital Group.
The appointment aims to strengthen the firm's private capital financing capabilities for its global client base. Houlihan Lokey's Capital Markets Group, comprising over 100 dedicated finance professionals across thirteen offices worldwide, is one of the largest independent private capital markets platforms in financial services. In 2024, the group successfully raised and advised on more than $18 billion in capital across more than 80 transactions.
Houlihan Lokey (NYSE:HLI) has announced the appointment of Angela Hu as Managing Director in their Financial Sponsors Group, based in Hong Kong SAR. Hu brings over 20 years of investment banking experience, including 16 years in Hong Kong SAR, where she most recently led financial sponsor coverage for Barclays in Greater China.
Prior to joining Houlihan Lokey, Hu served as Managing Director and Head of Financial Sponsors, China at Barclays for five years, following nine years at JP Morgan as Head of China Financial Sponsors. Her career in Hong Kong began with Merrill Lynch in 2006, after working at Macquarie Bank in Sydney for five years.
This strategic hire aims to enhance Houlihan Lokey's capabilities in Asia, particularly in complex M&A and capital markets transactions. The firm's Financial Sponsors Group, which is the largest of its kind, maintains nearly 2,000 relationships globally with alternative capital providers through a team of over 30 senior bankers across eight countries.
Houlihan Lokey (NYSE:HLI) reported strong financial results for Q3 fiscal 2025. Revenues reached $634 million, up from $511 million in the same quarter last year. Net income increased to $95 million ($1.39 per diluted share) from $71 million ($1.04 per diluted share) year-over-year.
Corporate Finance revenues grew 36% to $422 million, Financial Restructuring revenues increased 2% to $131 million, and Financial and Valuation Advisory revenues rose 14% to $82 million. The company declared a quarterly dividend of $0.57 per share payable on March 15, 2025.
The company maintained strong liquidity with $903 million in cash and cash equivalents and investment securities as of December 31, 2024.
Houlihan Lokey (NYSE:HLI) has announced the appointment of Bill Scheuerer as Managing Director in its Capital Markets Group, based in New York. Scheuerer joins from Lazard, where he served as Managing Director in the Capital Solutions Group for eight years, specializing in debt and equity financing transactions for private-equity-owned, family-owned, and public companies.
The hire strengthens Houlihan Lokey's global Capital Markets Group, which comprises over 100 dedicated finance professionals across 13 international offices. The group has demonstrated significant activity in 2024, raising and advising on more than $18 billion in capital across 80+ transactions. The team provides capital-raising services for various clients, including private-equity-backed portfolio companies, publicly held corporations, and privately held businesses.
Houlihan Lokey (NYSE:HLI) has strengthened its Consumer Group by appointing Riccardo Cazzoli as Managing Director, focusing on consumer health initiatives in New York. Cazzoli brings extensive experience from Lincoln International, where he led Consumer Healthcare, managing M&A and financing transactions in OTC, VMS, medical nutrition, and personal care sectors.
Prior to this, Cazzoli held positions at Sawaya Partners and Barclays/Lehman Brothers, specializing in health and wellness sectors. The appointment aligns with Houlihan Lokey's strategy to enhance sector expertise and client service. The firm's Consumer Group, comprising nearly 130 financial professionals worldwide, maintains a strong position in global consumer transactions, ranking No. 1 for global consumer transactions under $1 billion in 2023, with 50 deals according to LSEG.
Houlihan Lokey (NYSE:HLI) has announced it will release its third quarter results for fiscal year 2025 on Tuesday, January 28, 2025, after NYSE trading closes. The company will host a conference call at 5:00 p.m. (ET) featuring CEO Scott Adelson and CFO Lindsey Alley to discuss results and business performance.
The call will be accessible via telephone and audio webcast through the company's website. A replay will be available until February 4, 2025. Houlihan Lokey is a global investment bank specializing in M&A, capital markets, financial restructuring, and advisory services. The firm holds notable positions as the No. 1 investment bank for global M&A transactions, No. 1 M&A advisor in the U.S. for nine consecutive years, and No. 1 global restructuring advisor for ten consecutive years.
Houlihan Lokey (NYSE:HLI) announced its participation in the Goldman Sachs 2024 US Financial Services Conference. CEO Scott Adelson and Co-Chairman Eric Siegert, who also serves as Global Co-Head of Financial Restructuring, will engage in a fireside chat on Tuesday, December 10, 2024, at 1:40 p.m. EST.
The presentation will be available via live webcast in listen-only mode through the company's Investor Relations section on their website. A replay of the webcast will be archived for future access.
Houlihan Lokey (NYSE:HLI) has appointed Brad Boggess as Managing Director in its Capital Markets Group, based in Atlanta. Boggess joins from Blackstone, where he served as Head of Asset Management for Blackstone Credit and Insurance for six years. Previously, he led private equity asset management at Hudson Advisors. The Capital Markets Group, with over 100 professionals across 12 global offices, raised and advised on more than $14 billion in capital across approximately 100 transactions with around 65 financial sponsors in 2023.
Houlihan Lokey (NYSE:HLI) has strengthened its Technology Group with the appointment of Nana Kyei as Managing Director. Based in New York, Kyei will focus on education technology within the Software practice, working alongside the Training & Education team. He joins from Jefferies, where he served as Managing Director in the Technology Group leading education technology coverage. The firm's Technology Group, comprising over 150 financial professionals worldwide, was ranked as the No. 1 investment bank for global technology transactions in 2023, completing 89 deals according to LSEG.
Houlihan Lokey (NYSE:HLI) has acquired Prytania Solutions (PSL), a London-based provider of technology-driven valuation and analytic services. The acquisition, completed on October 29, 2024, enhances Houlihan Lokey's Portfolio Valuation and Fund Advisory Services practice with PSL's advanced machine learning technology and market-leading tools. PSL, founded in 2016, specializes in structured credit valuations and analytics, serving banking and asset management clients. The PSL team, led by Fraser Malcolm and James Wright, joins Houlihan Lokey's Structured Products Valuation Advisory team. The acquisition strengthens Houlihan Lokey's global valuation capabilities and expands its European presence.