Global Mid-Cap M&A Market Share Insights slide image

Global Mid-Cap M&A Market Share Insights

Financial and Valuation Advisory No. 1 Global M&A Fairness Opinion Advisor over the Past 25 Years Over the past 50 years, Houlihan Lokey has established one of the largest worldwide financial and valuation advisory practices with. Intelligence HFM US Services Awards 2023 Winner Best valuations firm for hard to value assets Houlihan Lokey with. Inalcera HFM European Services Awards 2023 Winner Best valuations firm for hard to value assets with. Intelligence Houlhan Lokey HFM Asian Services Awards 2023 Winner Best valuations firm Houlihan Lokey Services Offered Transaction (including Solvency) Opinions Portfolio Valuation and Fund Advisory . Transaction Advisory Services • Buy-side and Sell-side Diligence M&A Tax Advisory • Tax Restructuring • Accounting and Financial Reporting Data Analytics Tech & Cyber Security Corporate Valuation Advisory Services Fund Opinions Dispute Resolution Consulting Diversified Revenue Stream • Significant and growing revenues in massive global addressable markets Diverse, full-cycle service portfolio balanced to mitigate volatility due to changing M&A markets Low client concentration with more than 1,200 unique clients Long-standing, sticky clients with over 50% of our FVA business being recurring in nature Diverse client base, including corporate clients (public and private), financial sponsors, hedge funds, government agencies and entrepreneurially owned companies Operating Philosophy . • Extending the HL brand and reputation as a premium provider and leading advisor in complex matters Strengthening fee mix with larger-cap and public clients using value-added transaction driven services • Rapid growth in number of $1M+ clients Client-centric, providing recurring and transaction-based services through the client's full life cycle Market thought leader with innovative new service offerings (such as our ESG/Sustainability Advisory Services), market indices and analytical tools Realizing above-market revenue growth and margin targets Note: As of December 31, 2023. Houlihan Lokey | 23
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