Houlihan Lokey Expands with Waller Helms and Park Sutton Acquisition
Deal News | Dec 05, 2024 | Houlihan Lokey
In a strategic move to bolster its standing in the financial services industry, Houlihan Lokey has completed the acquisition of Waller Helms Advisors and Park Sutton Advisors. The acquisition has significantly enhanced Houlihan Lokey's capabilities in the insurance and wealth management sectors, positioning the firm as a premier global M&A advisor. On the basis of data from LSEG (formerly known as Refinitiv), the newly combined team now ranks first among advisors for global M&A transactions in insurance, asset management, and financial services, excluding depositories, for 2023. The enhanced Financial Services Group comprises more than 90 professionals with expertise in these domains, distributed across key financial hubs around the world, including cities like Atlanta, London, and Tokyo.
Sectors
- Investment Banking
- Financial Services
Geography
- United States – Houlihan Lokey and the acquired firms are headquartered in the United States, and the majority of its expanded Financial Services team operates out of U.S. cities, including Atlanta and New York.
- United Kingdom – Part of Houlihan Lokey's expanded team is based in London, highlighting its geographical reach.
- Japan – Tokyo is mentioned as a location for Houlihan Lokey's senior officers, emphasizing a global presence.
Industry
- Investment Banking – Houlihan Lokey operates as an investment bank, and the acquisition strengthens its advisory capabilities, particularly in the sectors of insurance and wealth management.
- Financial Services – The acquisition targets firms within the financial services sector, focusing on advisory roles in insurance and wealth management.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Houlihan Lokey | Acquirer | Company | An investment bank that has acquired Waller Helms Advisors and Park Sutton Advisors to enhance its financial services advisory capabilities. |
| Waller Helms Advisors | Target Company | Company | A firm specializing in advisory services within the insurance sector, acquired by Houlihan Lokey. |
| Park Sutton Advisors | Target Company | Company | A firm providing advisory services in wealth management, acquired by Houlihan Lokey. |