expertise to help advance your vision type public traded as nyse hli industry investment banking founded 1972 ; 44 years ago 1972 headquarters constellation place los angeles california united states key people irwin gold executive chairman scott beiser ceo products financial services investment banking number of employees 981 june 2015 website www.hl.com constellation place the global headquarters of the firm houlihan lokey inc. is an independent advisory focused global investment bank . houlihan lokey was founded in 1972 and is headquartered at constellation place in century city los angeles california . 1 the firm advises large public and closely held companies as well as institutions and governments . 2 its main service lines include mergers and acquisitions capital markets restructuring and distressed m & a fairness opinions and valuations . as of 2015 houlihan lokey employed over 980 employees worldwide . 3 in 2015 houlihan lokey was named the no. 1 m & a advisor for all u.s. transactions the no. 1 global m & a fairness opinion advisor and the no. 1 global investment banking restructuring advisor by thomson reuters . 4 the firm was also named the best bank to work for the last four years by vault.com obtaining first place in over half of the categories including employee satisfaction compensation and selectivity . 5 contents 1 history 1.1 1970s 1.2 1980s 1.3 1990s 1.4 2000s 1.5 2010s 2 operations 2.1 financial restructuring 2.2 corporate finance 2.3 financial advisory services 3 rankings 4 industries 5 office locations 6 notes and references 7 external links history edit 1970s edit houlihan lokey was founded in los angeles in 1972 as a provider of general business advisory services to privately held companies . the 1974 passage of the employee retirement income security act launched the firm s valuation business by creating demand for independent valuations of private businesses particularly those that had formed employee stock ownership programs . 1980s edit in 1986 kenneth t. friedman founded and became president of houlihan lokey s investment banking broker dealer to provide corporate finance services including m & a advisory services and procuring debt and equity financing . friedman formed the investment bank to provide wall street level expertise to the expanding investment banking demands of the middle market . by 1987 many of the highly leveraged transactions completed earlier in the decade were starting to exhibit signs of financial distress . accordingly a market was developing for financial restructuring advisory services . to position itself to serve this burgeoning market the investment banking broker dealer purchased cheviot capital corporation in 1987 and began assembling led by jeff werbalowsky and irwin gold what would become an active dominant worldwide financial restructuring group . with the surge of mergers acquisitions and leveraged buyouts wall street s large investment banking firms began calling on houlihan lokey for independent valuation expertise in fairness solvency and employee stock ownership plan esop opinions . the firm advised on transactions valued at more than 100 billion during this period . the firm also started to offer estate planning valuation services . in addition the firm opened several offices in the 80s in new york san francisco and chicago . 1990s edit houlihan lokey opened eight offices across the u.s. in the 1980s and 1990s as it expanded . in 1995 to grow its information services division houlihan lokey acquired mergerstat a publishing company with a 30 year history in analytical m & a research from merrill lynch . 2000s edit in 2001 houlihan lokey launched its first non u.s. office by expanding into london . the firm opened a paris office in 2005 and a frankfurt office in 2006 . it also expanded its industry group platform and private equity coverage program in keeping with investment banking trends . in 2002 houlihan lokey advised the official creditors committees in three large bankruptcies worldcom enron and conseco . in 2006 houlihan lokey agreed to merge with orix usa the u.s. corporate lending operations of orix corp. of japan to address the growing international demand for middle market investment banking services . houlihan lokey opened offices in hong kong and tokyo in 2007 . in the next three years the firm opened an office in beijing and in mumbai and singapore through its affiliate avista advisory . 2010s edit in 2013 houlihan lokey expanded its financial institutions group through the acquisition of milestone advisors . 6 the firm also launched the illiquid financial assets practice to advise on the sales of assets such as stakes in loan pools life settlements minority positions pharmaceutical royalties and operating leases . 7 in 2014 houlihan lokey strengthened its capabilities and coverage for clients across the technology sector with the acquisition of archpoint partners . 8 in 2015 houlihan lokey acquired management consulting firm bridge strategy group 9 digital media and entertainment focused investment bank mesa securities 10 london based consumer focused firm mcqueen ltd 11 and operations of the continental european investment bank leonardo & co. 12 on august 13 2015 houlihan lokey completed its initial public offering beginning trading as hli on the nyse . 13 operations edit financial restructuring edit the financial restructuring team has nearly 180 professionals worldwide and every assignment is staffed with professionals who facilitate the completion of due diligence and analysis . in the past years houlihan lokey has advised several extremely complicated deals . during this period the firm advised on almost 1000 restructuring transactions including 12 of the 15 largest bankruptcy cases special situations or distressed m & a with aggregate debt claims in excess of 1.5 trillion including cases such as lehman brothers worldcom enron general motors and cit group . corporate finance edit corporate finance is best known for offering mergers & acquisitions and capital markets advisory services . the firm has advised public and private institutions on buy side and sell side transactions as well as leveraged loans private mezzanine debt and high yield debt ipos follow ons convertibles pipes private equity and liability management transactions . the company has also developed an expertise in advising financial sponsors on all types on transactions effectively creating one of the largest financial sponsors groups on wall street . financial advisory services edit this division offers opinion services transaction & valuation reporting services portfolio valuation and financial consulting to company owners managers and special committees in their interactions with auditors and regulators . rankings edit houlihan lokey has won the best investment banking firm award several times over the last few years . the firm has led mergers & acquisitions journal s annual m & a fairness opinion advisory rankings for the past seven years . it was named international financing review s european restructuring house . 14 here is a brief list of the 2013 awards and recognitions won by houlihan lokey 15 no. 1 global restructuring advisor thomson reuters no. 1 u.s. m & a fairness opinion advisor over the past 10 years thomson reuters no. 1 m & a advisor for u.s. transactions under 3 billion thomson reuters restructuring advisor of the year international financing review ifr best loan restructuring house euroweek european restructuring house of the year financial news dealmaker of the year bta bank 11.1 billion restructuring finance monthly cross border dealmaker of the year for eurodrip acquisition international s 2013 m & a awards restructuring winner europe for eircom the banker s deals of the year 2013 restructuring winner africa for afrisam the banker s deals of the year 2013 restructuring winner americas for kerzner international the banker s deals of the year 2013 in 2011 vault.com named houlihan lokey the best bank to work for in 2011 being ranked first in compensation selectivity diversity hours training employee satisfaction business outlook and culture . industries edit houlihan lokey bankers focus on industries that include aerospace building products business services chemicals consumer products defense and government services energy financial institutions healthcare industrial & environmental technologies industrials automotive infrastructure services & construction lodging & leisure materials engineering media metals plastics & packaging real estate retail & food sports & entertainment technology telecommunications and transportation & logistics office locations edit amsterdam atlanta beijing chicago dallas frankfurt hong kong houston london los angeles madrid miami minneapolis mumbai newport beach new york paris san francisco singapore sydney tokyo washington d.c. notes and references edit vincent roger . energy cells help power century city skyscraper . los angeles times . february 5 2012 . retrieved february 5 2012 . 1 . houlihan lokey . retrieved december 19 2011 . registered office 1930 century park west los angeles ca 90067 6802 united states houlihan lokey sec form s 1 . july 10 2015 . retrieved june 14 2016 . houlihan lokey about us . retrieved june 14 2016 . http www.hl.com email pdf factsfigures houlihan lokey factsfigures.pdf houlihan lokey significantly expands financial services coverage with acquisition of milestone advisors llc . www.hl.com . retrieved 2016 09 06 . willmer sabrina . houlihan lokey to double team focused on illiquid sales . bloomberg.com . retrieved 2016 09 06 . demos telis 2014 03 11 . houlihan lokey to acquire archpoint partners . wall street journal . issn 0099 9660 . retrieved 2016 09 06 . demos telis . houlihan lokey opens a new front for boutiques consulting . retrieved 2016 09 06 . lang brent 2015 06 22 . houlihan lokey acquires mesa securities . retrieved 2016 09 06 . houlihan lokey expands consumer food and retail presence in europe with acquisition of london based corporate advisory firm mcqueen limited . www.hl.com . retrieved 2016 09 06 . houlihan lokey expands operations in continental europe . private equity wire . 2015 11 18 . retrieved 2016 09 06 . times los angeles . houlihan lokey shares rise in trading debut . latimes.com . retrieved 2016 09 06 . 2 . lehman fees could reach 1.4 billion besting enron update1 . retrieved december 19 2011 . http www.hl.com us achievements.aspx external links edit greater los angeles portal companies portal business portal official website v t e investment banks bank divisions of universal banks bulge bracket bank of america merrill lynch barclays citi institutional clients group credit suisse deutsche bank corporate and investment bank j.p. morgan & co. j.p. morgan cazenove ubs investment bank other berenberg bank bmo capital markets boc international bnp paribas corporate & institutional banking brown shipley cibc world markets citic securities clsa commerzbank corporates & markets cr dit agricole corporate and investment bank daiwa securities capital markets everbank world markets harris williams & co. hsbc global banking and markets ing commercial banking is investment kbc bank korea development bank daewoo securities lloyds bank corporate markets mitsubishi ufj securities mizuho corporate bank natixis nomura securities rbc capital markets rbs markets & international banking sberbank cib soci t g n rale corporate & investment bank standard chartered td securities unicredit corporate & investment banking vtb capital wells fargo securities independents bulge bracket goldman sachs morgan stanley other allen & company blackstone group brewin dolphin btg pactual centerview partners china international capital corporation close brothers group evercore partners everbright fbr capital markets galaxy greenhill & co. haitong securities houlihan lokey investec jefferies keefe bruyette & woods lazard macquarie group mediobanca moelis & company n m rothschild & sons oppenheimer & co. perella weinberg partners piper jaffray raymond james financial renaissance capital roth capital partners salam investment ltd. sandler o neill and partners stifel nicolaus stone key partners william blair & company category list retrieved from https en.wikipedia.org w index.php title houlihan lokey & oldid 743512379 categories investment banksbankruptcy in the united statescompanies based in los angelesinvestment companies of the united statescompanies established in 1972companies listed on the new york stock exchangehidden categories use mdy dates from november 2012 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent