It ranks No. 1 in global M&A by deal count and No. 1 in restructuring. One of those businesses thrives in good times, the other in bad. Houlihan Lokey owns both.
Justin Johnson, CFA, is Senior Managing Director and Co-CEO of Valuation Research Corporation (VRC), a national valuation and advisory firm founded in 1975. He built VRC's San Francisco office from scratch into one of the firm's leading practices, with a deep focus on private equity funds and their portfolio companies. Since August 2017 he has shared the chief executive seat with PJ Patel, splitting the country between them - Johnson runs the West Coast and Central regions while staying hands-on in technical work on solvency opinions, fairness opinions, and complex securities valuation.
Valuation Research Corporation (VRC) is a full-service, independent global valuation and advisory firm that has provided objective, supportable conclusions of value since 1975. With a U.S. team of 300+ professionals across a dozen offices and an international network of nearly 1,500 valuation experts through Valuation Research Group, VRC serves private equity funds, financial sponsors, and acquisitive public and private companies with fairness opinions, solvency opinions, financial-reporting valuations, tax valuations, and the pricing of complex, illiquid securities.