Houlihan Lokey Acquires PSL
30 Ottobre 2024 - 9:16PM
Business Wire
Acquisition Bolsters Firm’s Financial and Valuation Advisory
Business With Advanced Machine Learning Capabilities
Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, has
acquired Prytania Solutions Ltd. (PSL), a leading provider of
technology-driven valuation and analytic services, as it continues
to strengthen its market-leading Financial and Valuation Advisory
business and offer clients a differentiated experience using
data-driven deliverables.
The acquisition connects PSL’s advanced machine learning
technology and market-leading tools with Houlihan Lokey’s
structured products valuation clients, further enhancing the
capabilities and global reach of Houlihan Lokey’s Portfolio
Valuation and Fund Advisory Services practice. In addition, the
acquisition expands the European presence of the Financial and
Valuation Advisory business and represents a significant step in
monetising data insights to serve clients’ evolving needs.
The transaction was signed and closed on 29 October 2024.
Founded in 2016 after a spin-out from Prytania Investment
Advisors, London-based PSL specialises in structured credit
valuations and analytics, with an emphasis on quantitative analysis
and machine learning. The firm primarily caters to banking and
asset management clients and has additionally provided specialised
services to insurance companies, central banks, financial data
platforms, and other collateral financing desks.
As a result of the acquisition, the PSL team, led by Fraser
Malcolm, Chief Executive Officer, and James Wright, Chief
Technology Officer, has joined the Structured Products Valuation
Advisory team within Houlihan Lokey’s Portfolio Valuation and Fund
Advisory Services practice.
Kreg Jackson, Global Co-Head of the Financial and Valuation
Advisory business at Houlihan Lokey, commented: “The acquisition of
PSL represents a significant strategic move for Houlihan Lokey as
we continue to expand our global valuation team and strengthen our
technology capabilities across our Portfolio Valuation and Fund
Advisory Services practice.”
Dr. Cindy Ma, Managing Director and Global Head of Portfolio
Valuation and Fund Advisory Services at Houlihan Lokey, added:
“PSL’s data-rich technological innovations, in particular the use
of machine learning and algorithmic pricing, will seamlessly
integrate into our existing service offering and enhance our
ability to deliver outstanding independent valuation services for
complex assets, and highly customised solutions that adapt to our
clients’ ever-evolving needs.”
Fraser Malcolm, Co-Founder and Chief Executive Officer of PSL,
commented, “We are delighted to join forces with Houlihan Lokey, a
recognised leader with a rich history in financial valuation
services. By integrating PSL’s technology-driven solutions with
Houlihan Lokey’s globally respected Portfolio Valuation and Fund
Advisory Services team, we can provide innovative and customised
services on a much larger scale. Together, we are uniquely
positioned to offer clients enhanced analytical capabilities and
superior insights into the valuation of complex portfolios.”
Scott Adelson, Chief Executive Officer of Houlihan Lokey,
commented: “Houlihan Lokey, like PSL, regards data as an essential
tool for achieving outstanding outcomes for our clients. This deal
underscores our commitment to using advanced data strategies and
the latest technologies to continuously drive innovation and
excellence in all our services.”
Houlihan Lokey’s Portfolio Valuation and Fund Advisory Services
practice, part of the firm’s Financial and Valuation Advisory
business, is one of the largest and most respected in the industry,
providing valuation services to hedge funds, private equity firms,
and credit funds. The firm was recently named “Best Valuations Firm
for Hard to Value Assets” at the HFM US Services Award for the
eighth time, “Best Valuations Firm for Hard to Value Assets” at the
HFM European Services Award for the fifth year running, and “Best
Valuations Firm” at the HFM Asia Services Awards also for the fifth
year running.
Financial terms of the transaction were not disclosed.
About Houlihan Lokey
Houlihan Lokey, Inc. (NYSE:HLI) is a global investment bank with
expertise in mergers and acquisitions, capital markets, financial
restructuring, and financial and valuation advisory. Houlihan Lokey
serves corporations, institutions, and governments worldwide with
offices in the Americas, Europe, the Middle East, and the
Asia-Pacific region. Independent advice and intellectual rigor are
hallmarks of the firm’s commitment to client success across its
advisory services. The firm is the No. 1 investment bank for all
global M&A transactions, the No. 1 M&A advisor for the past
nine consecutive years in the U.S., the No. 1 global restructuring
advisor for the past ten consecutive years, and the No. 1 global
M&A fairness opinion advisor over the past 25 years, all based
on number of transactions and according to data provided by LSEG
(formerly Refinitiv).
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Grafico Azioni Houlihan Lokey (NYSE:HLI)
Storico
Da Dic 2024 a Gen 2025
Grafico Azioni Houlihan Lokey (NYSE:HLI)
Storico
Da Gen 2024 a Gen 2025