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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.
Houlihan Lokey (NYSE:HLI) has appointed Stephen Lee as Managing Director and Head of the new Technology and Cybersecurity practice within Transaction Advisory Services (TAS). Based in Chicago, Lee brings over 20 years of IT and industry experience, previously serving at KPMG as a national leader in technology diligence. This new service line aims to enhance the firm's advisory capabilities in technology and cybersecurity for financial sponsors and corporate clients. The move aligns with Houlihan Lokey's strategy to provide comprehensive services in financial and valuation advisory.
Houlihan Lokey (NYSE:HLI) has increased its tender offer price for GCA Corporation (TSE:2174) to ¥1,398 ($12.71) per share, totaling approximately ¥65.9 billion ($599.1 million). This adjustment aligns with GCA's revised revenue forecast for CY 2021, which now anticipates ¥47.5 billion ($431.8 million), a 21.8% increase from the previous forecast. The tender offer commenced on August 4, 2021, with a closing date set for October 4, 2021, pending regulatory approvals. HLI plans to finance the acquisition using available cash on its balance sheet.
Houlihan Lokey (NYSE:HLI) has appointed Tom Carlson as a Managing Director in its Oil & Gas Group based in Houston. With over 20 years of experience in the energy sector, Carlson previously served at BMO Capital Markets and has extensive expertise in mergers, acquisitions, and capital raises. Houlihan Lokey boasts over 70 dedicated professionals and has successfully advised on more than 100 transactions globally in the past three years, solidifying its reputation as a leader in M&A and restructuring services.
Kiran Lulla has joined Houlihan Lokey (NYSE:HLI) as a Managing Director in the Dallas office, enhancing its Transaction Advisory Services. With over 15 years of experience in transaction advisory, Lulla aims to boost the firm's capabilities in the technology, media, and telecom sectors. He previously worked at KPMG and holds an MBA from the University of Texas at Austin. This strategic hire aligns with HLI's commitment to providing top-tier advisory services in a growing technology sector.
Houlihan Lokey (NYSE:HLI) reported a robust financial performance for Q1 2022, with revenues hitting $373 million, a significant increase from $211 million in Q1 2021. Net income reached $86 million, or $1.25 per diluted share, compared to $46 million ($0.69 per diluted share) from the previous year. The Company has seen strong growth across its segments, with Corporate Finance revenues up 139%, Financial Restructuring revenues up 11%, and Financial and Valuation Advisory revenues up 85%. A quarterly cash dividend of $0.43 per share was also declared.
Houlihan Lokey (NYSE:HLI) has announced a definitive agreement to acquire GCA Corporation (TSE:2174) for approximately ¥65 billion ($591 million). The cash tender offer, commencing on August 4, 2021, offers ¥1,380 ($12.55) per share, reflecting a 31.3% premium over GCA’s closing price on August 2, 2021. The acquisition aims to create a leading technology advisory firm, enhancing Houlihan's presence in Europe and Asia. The deal is subject to regulatory approvals and is expected to finalize by October 4, 2021, after which GCA will become a privately held entity.
Houlihan Lokey, Inc. (NYSE:HLI) will release its first quarter results for fiscal 2022 on August 3, 2021, before market open. A conference call, featuring CEO Scott Beiser and CFO Lindsey Alley, will start at 8:00 a.m. ET to discuss the results and business performance. Analysts and investors can participate via phone or audio webcast, which is accessible on the company’s website. A replay of the call will be available after 11:00 a.m. ET on the same day until August 10, 2021.
Houlihan Lokey, Inc. (NYSE:HLI) has acquired Baylor Klein, a boutique advisory firm specializing in M&A and corporate finance advisory services, to enhance its Corporate Finance business in Europe. The acquisition was completed on July 8 and brings Baylor Klein's five advisory professionals to Houlihan Lokey's London office. This marks the sixth acquisition for Houlihan Lokey in Europe over six years. The firm has expanded its European workforce from 80 to over 260 professionals since 2014, strengthening its expertise in the household, beauty, and personal care sectors.
Houlihan Lokey (NYSE:HLI) announced that Walid Khiari has joined as a Managing Director in the TMT Group, focusing on software companies. Previously at Rothschild & Co., Khiari played a key role in launching their investment banking practice in Silicon Valley. His expertise is expected to enhance Houlihan Lokey's capabilities in the growing software market, particularly as digitization accelerates post-pandemic. The firm has a strong track record, being ranked the No. 1 advisor for U.S. transactions under $5 billion from 2018 to 2020.
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