Houlihan Lokey Inc (HLI)

Jefferies LLC

This competitor is identified as a primary competitor in the Corporate Finance (CF) practice, competing on factors such as industry knowledge, transaction execution skills, and client relationships. "

Lazard Inc

This competitor is mentioned as a primary competitor in both the Corporate Finance (CF) and Financial Restructuring (FR) practices, highlighting its expertise in these areas. "

Moelis & Co

This competitor is listed as a primary competitor in both the Corporate Finance (CF) and Financial Restructuring (FR) practices, emphasizing its industry expertise. "

N M Rothschild & Sons Limited

This competitor is noted as a primary competitor in both the Corporate Finance (CF) and Financial Restructuring (FR) practices, competing on factors like reputation and client relationships. "

Piper Sandler Companies

This competitor is identified as a primary competitor in the Corporate Finance (CF) practice, competing on transaction execution skills and industry knowledge. "

Robert W. Baird & Co. Incorporated

This competitor is mentioned as a primary competitor in the Corporate Finance (CF) practice, focusing on factors such as client relationships and reputation. "

Stifel Financial Corp

This competitor is listed as a primary competitor in the Corporate Finance (CF) practice, competing on industry expertise and transaction execution. "

William Blair & Company, L.L.C.

This competitor is identified as a primary competitor in the Corporate Finance (CF) practice, emphasizing its strength in client relationships and reputation. "

Evercore Inc

This competitor is noted as a primary competitor in the Financial Restructuring (FR) practice, competing on factors such as transaction execution skills and industry knowledge. "

PJT Partners Inc

This competitor is mentioned as a primary competitor in the Financial Restructuring (FR) practice, highlighting its expertise in restructuring transactions. "

The 'big four' accounting firms

These firms are identified as primary competitors in the Financial and Valuation Advisory (FVA) practice, competing on valuation and financial consulting services. "

Alvarez & Marsal

This competitor is listed as a primary competitor in the Financial and Valuation Advisory (FVA) practice, focusing on financial advisory and consulting services. "

Kroll, LLC

This competitor is mentioned as a primary competitor in the Financial and Valuation Advisory (FVA) practice, competing on valuation and financial consulting expertise. "

Lincoln International LLC

This competitor is identified as a primary competitor in the Financial and Valuation Advisory (FVA) practice, emphasizing its expertise in financial advisory services. "

Waller Helms Advisors LLC

2024

Announced on August 6, 2024 and closed on December 5, 2024, this deal expanded Houlihan Lokey’s financial services group in insurance and wealth management with an aggregate consideration of up to $183.3 million (including cash/stock and potential earn-out shares up to $60.0 million) and added nearly 50 financial professionals including 13 managing directors. " " "

Prytania Solutions Limited

2024

Completed in October 2024, this acquisition of the U.K.-based tech-enabled valuation platform enhances Houlihan Lokey’s Financial and Valuation Advisory business, particularly its Portfolio Valuation Group, and supports strategic expansion into non-U.S. geographies. " " "

Triago Management Development

2024

Completed in April 2024, this deal bolstered Houlihan Lokey’s private funds investment banking capabilities by issuing 100,960 shares of Class A common stock and creating a platform for primary, secondary, directs, and GP advisory services globally, supporting long-term growth and synergy creation. " " " " " "

7 Mile Advisors, LLC

2023

Announced in early 2024 and closed on December 11, 2023, the acquisition of this IT services investment banking firm involved issuing 165,834 shares of Class B common stock (with additional shares contingent on performance), aligning with Houlihan Lokey’s strategy to broaden its industry and geographical presence. " " " "

Oakley Advisory Limited

2023

Completed in February 2023, this acquisition was part of Houlihan Lokey’s strategy to enhance global coverage in the digital infrastructure sector in Europe, contributing to strategic capital allocation and impacting goodwill via foreign currency translation adjustments. " " "

GCA Corporation

2022

Although executed in two steps on October 4, 2021 and November 5, 2021, this acquisition (as referenced in 2022 reports) involved a total cash consideration of approximately $589.6 million, significantly expanding Houlihan Lokey’s technology-focused investment banking platform across Europe, Asia, and the U.S., with notable intangible assets and goodwill increases. " " " " " " "