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Houlihan Lokey to Acquire MVP Capital to Expand US Footprint
Friday 26 June 2020

US-based investment bank Houlihan Lokey, Inc. (NYSE: HLI) has agreed to acquire San Francisco-based advisory firm MVP Capital to enhance coverage in telecommunications sector, the company said.

The transaction expands Houlihan Lokey's footprint in the US.

The transaction is expected to be completed next quarter following regulatory approval. Terms were not disclosed.

As part of this transaction, MVP's investment banking team will become part of Houlihan Lokey's global TMT Group.

The acquisition will add 25 financial professionals to Houlihan Lokey's TMT Group, including MVP's seven managing directors, bringing the global TMT team to more than 60 financial professionals.

Keefe, Bruyette and Woods acted as financial advisor to MVP Capital and Houlihan Lokey advised itself on the transaction. Proskauer Rose LLP served as legal counsel to Houlihan Lokey and Mayer Brown LLP was legal counsel to MVP.

Houlihan Lokey (NYSE: HLI) is a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and valuation.

MVP provides a range of advisory services to clients in the technology, media, and telecom sector. MVP's sectors of focus include fiber, towers, small cells, distributed antenna systems, wireless, data centres, cloud and managed services, and radio and television broadcasting.
Date Published: 26/06/2020