# Houlihan Lokey

> Houlihan Lokey is a Los Angeles-founded, New York-listed investment bank that has quietly become the most active M&A advisor in the world - while also running the largest restructuring practice on the planet. It advises companies on selling, buying, valuing, and surviving, and it makes money whether markets are booming or falling apart. With roughly 2,800 people and about $2.4 billion in fiscal 2025 revenue, it is the rare Wall Street firm built to profit from both the deal boom and the deal bust.

- **Founded:** 1972
- **Headquarters:** Los Angeles, United States
- **Founders:** Richard Houlihan (Co-Founder), O. Kit Lokey (Co-Founder)
- **Team size:** ~2,800 employees (including roughly 1,900 financial professionals and ~340 Managing Directors)
- **Products:** Corporate Finance (M&A and Capital Markets), Financial Restructuring, Financial and Valuation Advisory, Board Advisory Services
- **Notable:** No. 1 global M&A advisor by number of transactions (415 deals in 2024), No. 1 global restructuring advisor for ten consecutive years, No. 1 M&A fairness opinion advisor over the past 25 years (LSEG)

## Products & services

- **Corporate Finance (M&A and Capital Markets)** — Advises corporations, private equity sponsors, and boards on sell-side and buy-side mergers and acquisitions, and on raising debt and equity capital. The firm's largest and fastest-growing segment.
- **Financial Restructuring** — The largest restructuring practice of any investment bank, advising debtors, creditors, and other stakeholders on recapitalizations, distressed M&A, out-of-court exchanges, and bankruptcy proceedings.
- **Financial and Valuation Advisory** — Fairness and solvency opinions, portfolio and corporate valuations, transaction opinions, ESOP and estate-planning valuations, real estate valuation, and dispute resolution consulting.
- **Board Advisory Services** — Independent advice to boards of directors and special committees on transactions, governance, and defensibility of decisions.

## Achievements

- No. 1 global M&A advisor by number of transactions (415 deals in 2024)
- No. 1 global restructuring advisor for ten consecutive years
- No. 1 M&A fairness opinion advisor over the past 25 years (LSEG)
- Record fiscal 2025 revenue of $2.39 billion
- Largest financial restructuring practice of any investment bank
- Named Investment Bank of the Year by Middle Market Growth (2023)

## Latest updates

- **2025-05** — Reported record fiscal 2025 revenue of $2.39 billion, up from $1.91 billion, led by a 38% jump in Corporate Finance; raised quarterly dividend to $0.60.
- **2024-06** — Scott Adelson became CEO as Scott Beiser stepped down and became Co-Chairman.
- **2024-01** — Ranked No. 1 global M&A advisor by deal count with 415 transactions, ahead of Rothschild & Co and Goldman Sachs.

## Links

- Website: https://hl.com
- LinkedIn: http://www.linkedin.com/company/houlihan-lokey
- Twitter/X: https://twitter.com/houlihanlokey
- Facebook: https://facebook.com/Houlihan-Lokey-149397808435086/

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Profile page: https://yespress.io/houlihan-lokey
Published by YesPress — https://yespress.io
Last updated: 2026-08-13