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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 announced the appointment of Andrew Atherton as a Managing Director in its FinTech Group. Based in San Francisco, Atherton will cover multiple FinTech sectors and FinTech-adjacent enterprise software companies. He joins from Union Square Advisors, bringing extensive experience in M&A transactions, private capital financings, and strategic advisory assignments.
This hire continues Houlihan Lokey's expansion of its global FinTech platform. The firm was ranked as the No. 1 M&A advisor for global FinTech transactions in 2023 with 15 deals, and the No. 1 M&A advisor for global technology transactions with 89 deals. Atherton's addition is expected to enhance the firm's coverage capabilities and deliver superior outcomes for companies and investors in the FinTech and technology sectors.
Houlihan Lokey (NYSE:HLI) has released its fourth annual Sustainability Report, showcasing the global investment bank's progress in ESG initiatives. Key highlights include:
- Support for mental health programs in the US and UK
- Launch of Sustainability Advisory Services
- Addition of HR Business Partners in all regions
- Enhanced employee benefits
- DE&I training series
- New initiatives to monitor and reduce environmental impact of business travel
- New SASB disclosures for Investment Banking and Brokerage industry
The report emphasizes Houlihan Lokey's commitment to Human Capital Management, Employee Health and Well-being, Diversity, Equity, and Inclusion, and Environmental Stewardship. The full report is available on the company's Social Commitment website.
Houlihan Lokey (NYSE:HLI) reported strong financial results for Q1 fiscal 2025. Revenues increased 24% to $514 million, driven by a 45% surge in Corporate Finance revenues. Net income rose to $89 million, or $1.30 per diluted share, up from $61 million, or $0.90 per diluted share, in Q1 fiscal 2024. Adjusted EPS grew to $1.22 from $0.89. The company's performance was boosted by improving M&A activity, with Corporate Finance having its strongest first quarter ever. Financial Restructuring revenues slightly declined by 5%, while Financial and Valuation Advisory revenues increased by 4%. Houlihan Lokey announced a quarterly dividend of $0.57 per share. Despite macro uncertainties, the company remains optimistic about the fiscal year due to continued improvements in M&A and capital markets activity.
Houlihan Lokey (NYSE:HLI), a global investment bank, will release its first quarter results for fiscal year 2025 on Tuesday, July 30, 2024, after the NYSE closes. A conference call, hosted by CEO Scott Adelson and CFO Lindsey Alley, will follow at 5:00 p.m. (ET) to discuss the results and business performance. The call will include a Q&A session with analysts and investors, accessible via telephone or audio webcast through the company's website. A replay will be available until August 6, 2024.
Houlihan Lokey (NYSE:HLI) has enhanced its retail and multi-unit sector coverage by appointing Kenny Kraft as Managing Director of its Consumer, Food & Retail Group. Based in Atlanta, Kraft brings nearly two decades of experience, particularly in convenience stores, restaurants, and auto-related companies. Previously, Kraft was a Managing Director at J.P. Morgan’s Investment Banking Group, focusing on middle-market retail. His addition aims to deepen Houlihan Lokey's sector specialization and client-first approach. Houlihan Lokey's Consumer, Food & Retail Group is one of the largest in financial services, comprising nearly 130 financial professionals across major global cities and recently ranked No. 1 M&A advisor for U.S. consumer, food, and retail transactions by LSEG.
Ripple Fiber, a Charlotte-based fiber optic internet provider, has formed a partnership with Post Road Group, an alternative investment firm. This collaboration, facilitated by Glass Routes and HyperFiber, aims to expand Ripple Fiber's network to over 400,000 homes by December 2025. Houlihan Lokey acted as the financial advisor, with Platform Investment Partners as a key sponsor. The partnership signifies a shift from equity to debt funding for Ripple Fiber, enhancing their deployment strategies and timelines. Post Road Group supports the initiative, reinforcing its commitment to innovative digital infrastructure investments.
Houlihan Lokey (NYSE:HLI), a global investment bank, has appointed Vieri Betti Guaraldi as Managing Director in its Capital Markets Group, stationed in Milan. This strategic hire aims to enhance the firm's debt advisory services in Italy and across Europe. Guaraldi, with 15 years of experience from Rothschild & Co., will work with senior colleagues to support various transactions such as acquisition finance and debt restructuring. His appointment follows the firm's recent expansion into France. Houlihan Lokey's Capital Markets Group, with nearly 100 professionals, raised and advised on more than $14 billion across 100 transactions in 2023, marking significant growth in Europe.
Houlihan Lokey reported fiscal year 2024 revenues of $1.91 billion, with diluted EPS of $4.11. Adjusted diluted EPS for fiscal year 2024 was $4.49. Fourth quarter fiscal 2024 revenues were $520 million, with diluted EPS of $1.18. Adjusted diluted EPS for the fourth quarter was $1.27. The company announced an increase in the quarterly dividend to $0.57 per share.
Houlihan Lokey, Inc. (NYSE:HLI) strengthens its European Financial Services and Technology team by hiring Scott Kirkby as a Managing Director. Based in London, Kirkby will focus on the banking and lending sector, enhancing the firm's capabilities in EMEA. With a background in corporate development, M&A, and a strong banking career, Kirkby brings valuable insights and expertise to the team.
Houlihan Lokey, Inc. announced Erik Kistler as the new Managing Director of the Healthcare Group, covering healthcare retail multi-site, physician practices, and pharma services. With vast experience in the field, Kistler's addition is seen as a strategic move to further strengthen the firm's position in the market.
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