Global Mid-Cap M&A Market Share Insights
HL maintains three
primary service lines
- Corporate Finance,
Financial
Restructuring and
Financial and
Valuation Advisory
services
A Houlihan Lokey Model for Growth and Success
Core Services
Strengths
Managing Directors²
Corporate Finance
Mergers/Acquisitions
Capital Markets Advisory
Private Funds Placement
Superior Platform Drives
Success in Attractive Mid
Cap Market¹
219
Financial Restructuring
Debtor and Creditor Restructuring
Distressed M&A
Liability Management
Global Market Leader
52
52
Financial and Valuation
Advisory
Financial Opinions
Valuation Services
Transaction Advisory Services
High-Margin Provider with
Strong Reputation
41
Our business is
diversified across
clients, services,
industries,
professionals, and
geographies
5-Year FY Revenue CAGR
16%
6%
15%
LTM December 31, 2023
Revenues/% of Total
$1,076/59%
$487 / 26%
$276 / 15%
LTM December 31, 2023
Revenues per MD3
$4.9
$8.5
$6.8
LTM December 31, 2023
Closed Transactions /
Fee Events4
469
129
2,190
Note: All dollar amounts in millions unless otherwise noted. Figures may not tie due to rounding.
1. Defined as transactions $1 billion or less in value.
2. As of December 31, 2023; excludes Corporate MDs.
3. Based on the average of the MD count at the end of each fiscal quarter throughout the LTM.
4. A Fee Event includes any engagement that involves revenue activity during the measurement period based on a revenue minimum of one thousand dollars. References in this press release
to closed transactions should be understood to be the same as transactions that are "effectively closed" as described in our periodic reports on Forms 10-K and 10-Q.
Houlihan Lokey | 17View entire presentation