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Houlihan Lokey to Acquire Waller Helms Advisors, Strengthening Leadership in Insurance and Wealth Management
Slice of Finance Team
16 Aug
Key Highlights:
Houlihan Lokey to acquire Waller Helms Advisors, bolstering its position in insurance and wealth management sectors.
Transaction expected to complete by December 31, 2024, subject to regulatory approvals.
The deal adds 50 financial professionals, including 13 Managing Directors, to Houlihan Lokey’s Financial Services Group.
Source (Business Wire)
Notable Quotes:
“The addition of this talented group of bankers is highly complementary to our Financial Services platform, adding meaningfully to our current coverage capabilities across numerous subsectors within insurance and wealth management.”
“As we discussed a possible combination, it became clear that Houlihan Lokey shares our dedication to deep sector expertise and more importantly, a fierce dedication to client success.”
“The strength of Houlihan Lokey’s global platform and our shared philosophies on collaboration and attracting and developing the best talent in the industry has us truly excited about our collective opportunity.”
Our Take:
The acquisition of Waller Helms Advisors by Houlihan Lokey represents a strategic move to consolidate its leadership in the insurance and wealth management sectors, two of the most dynamic areas in financial services. By integrating Waller Helms’ deep sector expertise and established client relationships, Houlihan Lokey not only reinforces its market position but also expands its advisory capabilities across key financial subsectors. This deal is likely to generate significant synergies, enhancing Houlihan Lokey's ability to deliver superior outcomes for clients globally. The transaction aligns with Houlihan Lokey’s strategy of deepening sector expertise while expanding its footprint in key markets, particularly in North America.