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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, Inc. (NYSE:HLI) will announce its fiscal 2023 second quarter results on October 27, 2022, after market close. A conference call hosted by CEO Scott Beiser and CFO Lindsey Alley will take place at 5:00 p.m. (ET) on the same day, featuring a review of the results and a Q&A session. Access to the call is available via telephone and audio webcast through the company’s website. The replay of the call will be accessible from 8:00 p.m. (ET) on October 27 until November 3, 2022.
Keith Skirbe joins Houlihan Lokey as a Managing Director in the Technology Group, focusing on the cybersecurity sector. Based in San Francisco, Skirbe brings extensive experience from Momentum Cyber, where he led West Coast efforts. The firm emphasizes the growing importance of cybersecurity in corporate finance, highlighting recent successful transactions in this sector. Houlihan Lokey is recognized as a leading investment bank for technology transactions, with top rankings in M&A and restructuring.
Houlihan Lokey (NYSE:HLI) has appointed Ee Beng Soh as a Senior Advisor to enhance its operations in Singapore. With over 24 years of experience in investment banking, including leadership roles at HSBC and BNP Paribas, Soh's expertise is expected to significantly benefit the firm. His role will focus on leveraging Singapore's strengthening insolvency framework to capitalize on increasing restructuring demands in the region. This strategic appointment is part of Houlihan Lokey's broader expansion strategy in South East Asia, aiming to provide superior advisory services to corporate clients and financial investors.
B. Smith Joins Houlihan Lokey as a Managing Director in the Business Services Group, enhancing coverage in transportation and logistics. With over 25 years of industry experience, he previously led transportation and logistics at Capstone Partners. The firm, recognized as the No. 1 investment bank for global business services M&A, boasts 115 financial professionals across 34 locations. Smith's expertise and client relationships are expected to strengthen the group's service delivery. He holds degrees from Stanford and Harvard Law School, furthering Houlihan Lokey's commitment to excellence.
Houlihan Lokey (NYSE:HLI) has appointed
Northmarq has announced the acquisition of Stan Johnson Company, significantly expanding its reach in commercial real estate. This strategic move will bolster Northmarq's capabilities in investment sales and capital markets, currently boasting nearly 1,000 professionals across the nation. Stan Johnson Company brings a wealth of expertise, having closed around 7,500 transactions totaling over $45 billion. The integration aims to enhance service offerings in various asset classes, enabling greater investment opportunities for clients.
Adam Raucher Joins Houlihan Lokey as a Managing Director in its Capital Markets Group. Based in New York, Mr. Raucher will enhance capital markets coverage for financial institutions. He has over two decades of experience, previously serving as Managing Director at Deutsche Bank. His expertise is expected to boost Houlihan Lokey's capabilities in the financial sector. The firm has a strong track record, advising in raising over $15 billion in capital during the last fiscal year.
Houlihan Lokey (NYSE:HLI) has appointed Luiz Greca as Managing Director in its Healthcare Group, focusing on the Healthcare IT (HCIT) practice in the U.S., based in Miami. Greca brings nearly a decade of M&A and financial advisory experience from his previous role at William Blair & Company. His expertise aligns with the current active HCIT M&A market. The firm continues to be a leader in healthcare and technology advisory, noted for top rankings in M&A transactions under $1 billion.
Houlihan Lokey (NYSE:HLI) reported first quarter fiscal 2023 revenues of $419 million, up from $373 million in the same quarter last year. The company posted a diluted EPS of $1.03, compared to $1.25 previously. Adjusted diluted EPS stood at $1.10, down from $1.19. Notably, corporate finance revenues surged by 26%, while financial restructuring revenues declined by 20%. A quarterly dividend of $0.53 per share has been declared, payable on September 15, 2022. As of June 30, 2022, cash and equivalents totaled $525 million.
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