Houlihan Lokey, Inc. (NYSE:HLI) agreed to acquire Freeman & Co. Securities, LLC on October 22, 2019. As part of this transaction, the Freeman investment banking team will become part of Houlihan Lokey’s global Financial Institutions Group, with Gagan Sawhney and Eric Weber joining as Managing Directors, and Jim Freeman joining as a Senior Advisor. With the acquisition, the global Houlihan Lokey FIG team now numbers more than 60 bankers located in four offices around the world. The transaction is subjected to regulatory approval. The transaction is expected to be completed before the end of calendar 2019. Gregory Gooding of Debevoise & Plimpton LLP acted as legal advisor to Freeman & Co. Securities LLC in the transaction.