Global Mid-Cap M&A Market Share Insights
Financial
Restructuring
Deepest bench in the industry with 57 Managing Directors and 310 total finance professionals as of March
31, 2023
A true global player, having dedicated resources in 17 offices worldwide and executed transactions in more than
60 countries since 2000
Extensive experience and flexibility to work on large global restructurings as well as mid-cap restructurings for
debtors and creditors
With contracting monetary policies and credit market instabilities, global restructuring activity has elevated and is
expected to remain robust for the foreseeable future. We have maintained our market share throughout various
economic cycles and continue to execute groundbreaking transactions in nearly all industries and geographies
Top Global Restructuring Advisor
(No. of Deals)
2023 Global Distressed Debt and Bankruptcy
Restructuring Rankings By Deal Count
Top Global Restructuring Advisor
(Deal Value)
2023 Global Distressed Debt and Bankruptcy
Restructuring Rankings By Deal Value (in $B)
15 Largest Bankruptcies
Advisor in 12 of the 15 Largest Bankruptcies 2000-2023
Houlihan Lokey
PJT Partners
Rothschild & Co
51
Lazard
37
Evercore Partners
27
ASSETS ($B)
Houlihan Lokey
73
$103
Lehman Brothers Holdings Inc.
691
Washington Mutual Inc.
328
WorldCom Inc.
104
General Motors Corporation
91
......
64
PJT Partners
$95
CIT Group Inc.
80
PG&E Corp. (Pacific Gas) (2019)
Enron Corp.
71
66
Lazard
$83
Conseco Inc.
61
Energy Future Holdings Corp.
41
MF Global Holdings Ltd.
41
Moelis & Co
$59
Chrysler LLC
39
AIG Financial Products Corp.
38
Thornburg Mortgage Inc.
37
Rothchild & Co
$48
Pacific Gas & Electric (2004)²
36
Refco Inc.
33
Source: LSEG (formerly Refinitiv), BankruptcyData.com, Debtwire.
1. Houlihan Lokey advised certain creditors of the Washington Mutual Receivership.
2. Houlihan Lokey advised a group of noteholders of Pacific Gas & Electric subsidiary National Energy Group Inc.
Houlihan Lokey | 22View entire presentation