Houlihan Lokey to Acquire Waller Helms Advisors
2024年8月8日 - 9:30PM
ビジネスワイヤ(英語)
Acquisition Substantially Enhances Firm’s Coverage
Capabilities in Insurance and Wealth Management Sectors, Doubling
Size of Financial Services Group
Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, has
agreed to acquire Waller Helms Advisors (Waller Helms), an
independent advisory firm that provides investment banking services
to clients in the insurance and wealth management sectors. The
transaction, signed on August 6, 2024, confirms Houlihan Lokey as
the premier investment banking advisor in these sectors and
underlines the firm’s leadership across the global financial
services sector. The deal is expected to be completed before
December 31, 2024, following regulatory approvals.
Founded in 2014, Chicago-based Waller Helms provides advisory
services in connection with mergers and acquisitions, private
capital raising, and valuation services, advising clients primarily
in the insurance and wealth management sectors. Since its founding,
the firm has advised on more than 230 transactions with over $40
billion of aggregate value. Recent notable transactions include the
sale of Century Equity Partners’ portfolio company, DOXA Insurance,
to Goldman Sachs Asset Management; The Mather Group’s
recapitalization by The Vistria Group; and BenefitMall’s sale to
Truist Financial Corporation (NYSE:TFC) on behalf of the Carlyle
Group (NASDAQ:CG).
Waller Helms’ nearly 50 financial professionals, including 13
Managing Directors, will join Houlihan Lokey’s Financial Services
Group. James Anderson, Chief Executive Officer of Waller Helms,
will join as a Managing Director and Global Co-Head of the
Financial Services Group alongside Jeffrey Levine, Global Head of
Financial Services. In addition, John Waller and David Helms,
Co-Founders of Waller Helms, will also join as Managing Directors
to further support and enhance the firm’s coverage efforts for its
clients across the financial services sector. The acquisition adds
financial professionals in Chicago, New York, Miami, and the
greater Atlanta area.
“The addition of this talented group of bankers is highly
complementary to our Financial Services platform, adding
meaningfully to our current coverage capabilities across numerous
subsectors within insurance and wealth management. On a combined
basis, the Group is now the number one advisor to clients in the
insurance and wealth management sectors. We are delighted that the
Waller Helms team is joining Houlihan Lokey and I look forward to
partnering with James to lead the new team, now comprising nearly
one hundred financial professionals,” said Mr. Levine.
On a pro forma basis, and according to data from LSEG, the new
combined group now ranks as the No. 1 advisor for all global
M&A transactions in 2023 in the insurance sector; the asset
management sector, including wealth management; and the financial
services sector, excluding depositories.
“As we discussed a possible combination, it became clear that
Houlihan Lokey shares our dedication to deep sector expertise and
more importantly, a fierce dedication to client success,” said Mr.
Anderson. “It is this cultural compatibility and client-first ethos
that makes this combination so compelling, and we’re excited to
work with our new colleagues at Houlihan Lokey and continue
delivering superior outcomes to clients.”
“The addition of the Waller Helms team is exemplary of our
desire to provide our clients with the greatest depth of sector
expertise in the midcap space, alongside our market-leading private
capital expertise, extensive relationships among financial
sponsors, and other services,” said Larry DeAngelo, Global Co-Head
of Corporate Finance.
“Over the past ten years, we have built a talented and
passionate team and have had the honor to assist incredible,
best-in-class clients on industry-leading transactions. Houlihan
Lokey is the ideal home for our team and clients to thrive for
years to come,” said Mr. Waller.
“The strength of Houlihan Lokey’s global platform and our shared
philosophies on collaboration and attracting and developing the
best talent in the industry has us truly excited about our
collective opportunity,” said Mr. Helms.
“We have known the Waller Helms team for many years, and their
long track record of success in financial services advisory is
truly impressive. We look forward to introducing our new partners
to our global client base as we continue to grow and enhance our
service offering in Corporate Finance,” said Jay Novak, Global
Co-Head of Corporate Finance.
About Houlihan Lokey
Houlihan Lokey, Inc. (NYSE:HLI) is a global investment bank with
expertise in mergers and acquisitions, capital markets, financial
restructuring, and financial and valuation advisory. Houlihan Lokey
serves corporations, institutions, and governments worldwide with
offices in the Americas, Europe, the Middle East, and the
Asia-Pacific region. Independent advice and intellectual rigor are
hallmarks of the firm’s commitment to client success across its
advisory services. The firm is the No. 1 investment bank for all
global M&A transactions, the No. 1 M&A advisor for the past
nine consecutive years in the U.S., the No. 1 global restructuring
advisor for the past ten consecutive years, and the No. 1 global
M&A fairness opinion advisor over the past 25 years, all based
on number of transactions and according to data provided by LSEG
(formerly Refinitiv).
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Houlihan Lokey (NYSE:HLI)
過去 株価チャート
から 7 2024 まで 8 2024
Houlihan Lokey (NYSE:HLI)
過去 株価チャート
から 8 2023 まで 8 2024