Welcome to our dedicated page for Houlihan Lokey news (Ticker: HLI), a resource for investors and traders seeking the latest updates and insights on Houlihan Lokey stock.
Houlihan Lokey, Inc. (NYSE:HLI) is a global investment bank whose news flow reflects its activity in mergers and acquisitions, capital solutions, financial restructuring, and financial and valuation advisory. Company announcements frequently highlight advisory mandates, senior hires across sector and regional teams, and updates on its position in the M&A and restructuring markets.
Investors and market followers tracking HLI news can expect regular updates on quarterly and fiscal results, typically released via earnings press releases and accompanying conference calls. These releases include segment-level information for Corporate Finance, Financial Restructuring, and Financial and Valuation Advisory, as well as commentary on market conditions and business performance.
News items also cover the firm’s expansion of sector and product capabilities. Recent communications describe additions to the Industrials Group, Consumer Group, Capital Solutions Group, and Financial Sponsors Group, often focused on specific subsectors such as aerospace and defense, active lifestyle and luxury goods, infrastructure debt advisory, and equity capital solutions. These stories provide insight into how Houlihan Lokey builds its global platform and deepens coverage in key markets.
Another theme in Houlihan Lokey’s news is the development of data and analytics offerings, such as the Houlihan Lokey Private Credit DataBank, which reflects the firm’s use of portfolio valuation work to create proprietary datasets for private credit participants.
For readers interested in HLI, the news stream offers a view into the firm’s advisory activity, strategic hires, product launches, and financial reporting. Monitoring this page can help users follow how Houlihan Lokey positions itself across M&A, capital solutions, restructuring, and valuation advisory on a global basis.
Houlihan Lokey, Inc. (NYSE:HLI) has appointed Jennifer Fuller as a Managing Director in its Financial Services Group, enhancing its focus on the mortgage and mortgage REIT sectors. With over 20 years in financial services, Fuller previously held the Managing Director position at Keefe, Bruyette & Woods, where she specialized in investment banking for financial institutions. The firm boasts a strong reputation in M&A advisory and has topped the specialty finance sector in the U.S. for a decade according to S&P Global Market Intelligence. Fuller's expertise is expected to provide valuable guidance for clients navigating current market challenges.
Houlihan Lokey, Inc. (NYSE:HLI) has appointed technology investment banking expert Alec Ellison as the Global Head of FinTech and Chief Innovation Officer. This new leadership role emphasizes the firm’s commitment to financial technology as a critical component of the financial ecosystem. Ellison, with over three decades of experience, previously served as U.S. Chairman at OurCrowd and held senior positions at Jefferies and Broadview International. He will lead a team across major locations and focus on integrating fintech innovations to enhance client service and operational efficiency. This strategic move is set to strengthen Houlihan Lokey's market position in the evolving fintech landscape.
Houlihan Lokey, Inc. (NYSE:HLI) has opened its first office in São Paulo, Brazil, marking its expansion into Latin America. The firm has appointed Bruno Baratta as Managing Director to spearhead operations in the region. Baratta, with a strong background in M&A and financial restructuring, aims to leverage Houlihan Lokey's expertise to enhance client services. The firm plans to further hire local professionals to grow its team. Following this expansion, Houlihan Lokey now operates in 36 locations globally, having established its presence in various markets, including the Americas and Europe.
Houlihan Lokey, Inc. (NYSE:HLI) announced that Gareth Gibson will join its Transaction Advisory Services (TAS) team as Managing Director starting April 3. Based in location value="LU/us.tx.houstn" idsrc="xmltag.org"Houston, Gibson will lead the business services segment within the Financial Due Diligence (FDD) practice. With 17 years at org value="ACORN:3654909211" idsrc="xmltag.org"KPMG, he has a strong background in transaction advisory services. Gibson expressed enthusiasm for contributing to Houlihan Lokey's growth and enhancing client service. The firm is known for its extensive expertise in M&A, capital markets, and restructuring services.
Taoglas has secured a majority ownership from Graham Partners, enhancing its capabilities to expand in the IoT sector. The partnership aims to drive organic growth, and bolster product development and sales channels across various industries including healthcare and smart cities. CEO Dermot O’Shea emphasizes that the deal aligns with their vision and maintains existing leadership. The investment will also help mitigate supply chain risks amid economic uncertainties. Additionally, Graham Partners plans to support Taoglas in seeking further acquisitions to accelerate growth.
Andrew Ziegler has joined Houlihan Lokey as a Managing Director in New York, enhancing the firm's Transaction Advisory Services team. With over 15 years of experience, he will assist clients on M&A tax matters. Previously at KPMG, Mr. Ziegler advised on a range of tax transactions including leveraged buyouts and IPOs. His expertise aligns with Houlihan Lokey's reputation for superior client focus and advisory services. The firm, recognized as a leader in global M&A transactions under $1 billion, continues to expand its capabilities in advising clients worldwide.
Houlihan Lokey, Inc. (NYSE:HLI) has appointed Daniel East as a Managing Director in its Capital Markets Group, based in location value="LU/us.tx.houstn"Houston. Mr. East, who brings over 25 years of experience in the energy and power sectors, will collaborate with the firm’s Oil & Gas Group and Power & Utilities team to offer private capital financing solutions. The Capital Markets Group has raised approximately $25 billion over the past two years and has a significant presence in various global locations, reaffirming its status as a leading investment bank in M&A transactions.
Houlihan Lokey reported third quarter fiscal 2023 revenues of $456 million, down from $889 million in Q3 2022. Diluted EPS for the quarter was $0.90, a sharp decline from $2.54 in the previous year. Adjusted EPS stood at $1.14, compared to $2.90 for Q3 2022. The company attributed the revenue drop to fewer closed transactions, particularly in Corporate Finance, which saw a 59% decrease. Despite these challenges, Houlihan Lokey maintained its position as a leading M&A advisor globally. A quarterly dividend of $0.53 per share was announced for Q4 2023. Financial highlights also included a provision for income taxes of $20.56 million.
Houlihan Lokey, Inc. (NYSE:HLI) will announce its third quarter results for the fiscal year 2023 on January 31, 2023, post market close. A conference call will follow at 5:00 p.m. (ET), led by CEO Scott Beiser and CFO Lindsey Alley, to discuss the financial performance and include a Q&A session for analysts and investors. Interested parties can join the call via telephone or audio webcast on the company's website. A playback of the call will be available from 8:00 p.m. (ET) on the same day until February 7, 2023.
Houlihan Lokey (NYSE:HLI) has announced its acquisition of Oakley Advisory, enhancing its strategic presence in the digital infrastructure, communications, and cloud sectors in Europe. With over 150 completed transactions valued at more than £35 billion, Oakley brings extensive expertise and a strong client network. The acquisition includes the addition of Chris Godsmark and Christian Maher as Managing Directors, expanding Houlihan's Digital Infrastructure team to over 40 professionals. The deal is set to be completed next quarter, pending regulatory approvals.