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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.
Joel Simkins Joins Houlihan Lokey as a Managing Director in New York, focusing on the gaming sector within the Technology Group. His extensive experience includes leadership roles at Truist Securities and Credit Suisse, enhancing Houlihan Lokey’s capabilities as the gaming industry evolves towards digital platforms. The firm, a leader in global investment banking, aims to leverage Simkins’ expertise to further grow its gaming coverage. In 2021, Houlihan Lokey was ranked No. 1 for global technology transactions with 124 deals, highlighting its strong market position.
Houlihan Lokey (NYSE:HLI) has announced the appointment of Samrat Karnik as a Managing Director in its Industrials Group, enhancing its expertise in industrial technologies, particularly in automation and water solutions. Karnik brings significant experience from his previous roles, including Co-Head at Capstone Partners and Vice President at Duff & Phelps. The firm continues to lead in M&A advisory within the U.S. industrial sector, recognized as the No. 1 advisor for 2021 according to Refinitiv.
Zukin Certification Services (ZCS) has launched the Zukin Reasonable Basis Review (Zukin RBR) to provide independent financial due diligence for SPACs. This new service aims to assist SPAC sponsors in complying with SEC guidelines issued on March 30, 2022, enhancing disclosure and investor protection for financial projections. ZCS, founded by Jim Zukin, offers expert reviews of target companies' financial projections and assumptions, promoting investor confidence. The service includes a report for SPAC Boards, ensuring a robust third-party review process.
Houlihan Lokey (NYSE:HLI) announced that Howard Steinberg has joined as Managing Director and Global Head of Tax Restructuring within its Financial and Valuation Advisory business. Steinberg, with 33 years at KPMG, was the Global Head of Restructuring, Tax, and Legal. His expertise includes advising on significant M&A transactions and distressed situations. This leadership addition aims to strengthen Houlihan Lokey's M&A tax and restructuring advisory services, enhancing its offerings to global clients. Steinberg holds a B.A. from Wharton and an MBA from Columbia.
Rishi Aswani has joined Houlihan Lokey as a Managing Director in the firm’s Financial and Valuation Advisory (FVA) business in
Houlihan Lokey (HLI) reported strong fiscal year 2022 results with record revenues of $2.27 billion, a 49% increase from the prior year. Diluted EPS for FY 2022 reached $6.41, up from $4.55 year-over-year. The fourth quarter saw revenues of $471 million, a 6% decline compared to Q4 2021, with diluted EPS of $0.97. Adjusted EPS for the quarter was $1.30. The company announced a quarterly dividend increase to $0.53 and initiated a new $500 million share repurchase program. Despite a revenue drop in Q4, the overall fiscal year results reflect a successful growth trajectory.
D.A. Davidson has committed to enhancing its marketing and digital transformation efforts within its Investment Banking and Institutional Equities divisions. The firm has appointed Andreea Popa as the head of Equity Capital Markets Marketing to spearhead a strategic marketing plan aimed at growth across key industry verticals including consumer, diversified industrials, technology, and financial institutions. With over 20 years of experience, Popa will focus on increasing visibility and supporting business development initiatives.
Houlihan Lokey, Inc. (NYSE:HLI) plans to release its fourth quarter and full year results for fiscal 2022 on May 12, 2022, after market close. A conference call will be held at 5:00 p.m. ET to discuss the results, featuring insights from CEO Scott Beiser and CFO Lindsey Alley. The call will allow for a Q&A session with analysts and investors. Participants can join via phone or webcast, with an audio replay available until May 19, 2022. Houlihan Lokey is recognized as a leading investment bank in M&A and restructuring.
Daniel Klausner joins Houlihan Lokey as a Managing Director in its Capital Markets Group, focusing on U.S. public equity capital markets advisory. With over 30 years of experience, he previously led PwC's Capital Markets Advisory Group. Klausner's expertise is expected to significantly enhance Houlihan Lokey's growth in public equity advisory services. The Capital Markets Group, with around 75 professionals across multiple locations, raised over
Houlihan Lokey (NYSE:HLI) has successfully completed the rebranding of GCA Group in Japan and the Asia-Pacific region, integrating them under the Houlihan Lokey brand. This marks the final step in the firm's transformative acquisition of GCA, finalized in December 2021. The integration has strengthened collaboration and client focus, enhancing their corporate finance capabilities in Asia. Houlihan Lokey maintains its status as a leader in M&A transactions, having been ranked No. 1 in various categories globally.