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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.
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.
Houlihan Lokey (NYSE:HLI) has appointed Sameer Shamsi as Managing Director and Head of Secondaries in its Private Funds Group, based in New York. Shamsi, previously with Credit Suisse, brings extensive experience in secondary advisory, having led various innovative transactions for alternative asset managers. His appointment aims to strengthen Houlihan Lokey's secondary market capabilities amid its growth. The firm has raised $8.2 billion in private placements since 2015 and is ranked highly in M&A and restructuring advisory.
Houlihan Lokey (NYSE:HLI) reported robust financial results for the fiscal year and Q4 ended March 31, 2021. Revenue surged 32% to a record $1.53 billion, with Q4 revenue up 65% to $501 million. Net income rose to $313 million ($4.55 per diluted share), a significant increase from $184 million ($2.80 per diluted share) in the previous year. Adjusted net income also climbed 51% to $317 million. Key drivers included increases in Corporate Finance revenues by 24%, Financial Restructuring by 52%, and Valuation Advisory by 17% for the fiscal year. A quarterly cash dividend of $0.43 was declared.
Houlihan Lokey (NYSE:HLI) announced the hire of Jonathan Guskind as Managing Director in the Healthcare Group, focusing on medical technology. Previously at Morgan Stanley, Guskind brings over a decade of experience in healthcare investment banking. His addition follows recent expansions in Houlihan Lokey's healthcare team, positioning the firm among the largest medtech-focused groups globally. The firm's Healthcare Group was ranked as the No. 1 M&A advisor for U.S. healthcare transactions under $1 billion in 2020, indicating its strong market presence and commitment to client success.
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