Houlihan Lokey, Inc. (NYSE:HLI) is seeking acquisitions. Scott Beiser, Chief Executive Officer of Houlihan, said, "We continue to actively recruit additional senior bankers where we see growth opportunities in the marketplace or where we want to deepen bench. On the acquisition front, we have proven that acquisitions are an accretive way to grow our revenues and continue to assess acquisitions that fit strict criteria. Overall, while market conditions are volatile, we believe we have built a business model that is successful in any market environment. With that I will now turn the call over to Lindsey."
Houlihan Lokey, Inc. is a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and financial and valuation advisory. The Company's segments include Corporate Finance (CF), Financial Restructuring (FR), and Financial and Valuation Advisory (FVA). The CF segment provides general financial advisory services in addition to advice on mergers and acquisitions and capital markets offerings. The FR segment provides advice to debtors, creditors and other parties-in-interest in connection with recapitalization/deleveraging transactions implemented both through bankruptcy proceedings and through out-of-court exchanges, consent solicitations or other mechanisms, as well as in distressed mergers and acquisitions and capital markets activities. The FVA segment primarily provides valuations of various assets, including companies, illiquid debt and equity securities, and intellectual property (among other assets and liabilities).