Houlihan Lokey Inc Stock Price, News & Analysis

Houlihan Lokey (NYSE:HLI) has expanded its operations in the Middle East by appointing Rouzbeh Fazlinejad as Managing Director, leading its new Oil & Gas industry group based in Dubai. Fazlinejad brings extensive experience from senior roles at Berenberg and TD Securities, particularly in M&A and capital markets. This strategic move follows the expansion of the Oil & Gas team into Europe earlier this year, aiming to enhance the firm's advisory services in the region, leveraging its global network.

Zukin Partners has launched Zukin Certification Services (ZCS), introducing the Z-SPAC Readiness Certification aimed at helping SPACs ensure they meet readiness criteria for public company operations. Jim Zukin, CEO of ZCS, emphasizes the need for certification in a market where SPAC readiness lacks external validation. The certification will allow SPACs to differentiate themselves, potentially leading to lower D&O insurance premiums. ZCS employs advanced techniques to identify and resolve gaps in SPAC readiness, fostering a self-regulatory environment.

Geoff Wilson Joins Houlihan Lokey as a Managing Director in the Power & Utilities Group, based in New York. With over 30 years of experience in the renewable energy sector, he joins from Whitehall & Company, where he established a renewable energy investment banking practice. His expertise aligns with the firm's growing focus on renewable power as capital flows into the sector rise. Houlihan Lokey, known for its independent advisory services, maintains a leading position in M&A and restructuring in the energy industry.

Houlihan Lokey (NYSE:HLI) has successfully acquired GCA Corporation, integrating 500 new colleagues into its global operations. This merger positions Houlihan Lokey as the most active technology M&A advisor worldwide, supported by a dedicated team of 225 professionals in 38 offices. The firm is now the leading global M&A advisor and advisor to private equity, enhancing its capabilities across various sectors including healthcare and financial services. The brand transition in Asia-Pacific is slated for early 2022, marking a significant step in strengthening its position in the investment banking arena.

Houlihan Lokey (NYSE:HLI) announced that CEO Scott Beiser will participate in a Q&A session at Goldman Sachs’ 2021 US Financial Services Conference on December 8, 2021, at 3:40 p.m. ET. The session will be webcast live, with a replay available on the Investor Relations section of their website, www.hl.com. Houlihan Lokey is a leading global investment bank, recognized as the top M&A advisor in the U.S. for six consecutive years and the top global restructuring advisor for seven years, showcasing their commitment to client success.

Houlihan Lokey (NYSE:HLI) has announced significant senior appointments to enhance its Business Services Group in Europe. James Ireland joins as Managing Director with over 20 years of experience from RBC Capital Markets. Guy Mullin-Henderson becomes Senior Advisor, bringing 35 years of experience, and James Sutch joins as Director with 15 years in the sector. The firm also added a team of 11 professionals from GCA Altium, further strengthening its European presence in M&A advisory and capital markets.

David Schneider Joins as Managing Director at Houlihan Lokey (NYSE:HLI)

Houlihan Lokey has appointed David Schneider as a Managing Director within its Industrials Group, based in New York. Schneider, who brings 13 years of experience from Deutsche Bank, will enhance the firm's coverage of the chemicals sector. His background includes advising on mergers, acquisitions, and equity financing across North America, Europe, and Asia-Pacific. Houlihan Lokey is recognized as the No. 1 M&A advisor in the U.S. for the past six years, underscoring its strong market position.

Houlihan Lokey (NYSE:HLI) has launched the Private Performing Credit Index (PPCI), a new quarterly index aimed at enhancing transparency in the private credit market. The PPCI aggregates data from approximately 7,000 qualifying private credit loan valuations since September 30, 2017, providing insights into quarterly yields. This index is designed to support asset managers in making informed investment decisions by offering a reference for market dynamics.

Houlihan Lokey reported strong financial results for the second quarter of fiscal 2022, achieving revenues of $537 million, a significant increase from $276 million in the same period last year. The diluted EPS stood at $1.65, up from $0.70 the previous year. Adjusted EPS was $1.71, reflecting robust growth. The company announced a dividend of $0.43 per share for the third quarter and increased its share repurchase program to $250 million. Additionally, Corporate Finance revenues surged 259%, while Financial Restructuring revenues decreased 34%.