2010s
In 2010, Houlihan Lokey bought a sizable minority stake in Avista Advisory Group, giving the firm offices in both Mumbai and Singapore.[12]
In 2013, Houlihan Lokey expanded its Financial Institutions Group through the acquisition of Milestone Advisors.[13] The firm also launched the Illiquid Financial Assets practice to advise on the sales of assets such as stakes in loan pools, life settlements, minority positions, pharmaceutical royalties, and operating leases.[14]
In 2014, Houlihan Lokey acquired ArchPoint Partners.[15]
In 2015, Houlihan Lokey acquired management consulting firm Bridge Strategy Group,[16] digital media and entertainment focused investment bank MESA Securities,[17] London-based consumer-focused firm McQueen Ltd.,[18] and operations of the Continental European investment bank Leonardo & Co.[19] Also in 2015, Houlihan Lokey acquired the investment banking operations of Leonardo & Co. NV in Germany, the Netherlands, and Spain, and became a minority partner in a joint venture with the management team of Leonardo in respect to Leonardo’s investment banking operations in Italy. This gave the firm offices in both Rome and Milan.[15] On August 13, 2015, Houlihan Lokey completed its initial public offering, beginning trading as HLI on the NYSE.[20]
In January 2017, Houlihan Lokey acquired Black Stone IP, a leader in Tech+IP advisory work.[20][15]
In January 2018, Houlihan Lokey acquired Quayle Munro Limited, an independent advisory firm focused on providing corporate finance advisory services to companies in the data & analytics sector.[21] In May 2018, the firm acquired BearTooth Advisors, an independent advisory firm that provided strategic advisory and placement agency services to alternative investment managers.[22]
In November 2019, Houlihan Lokey acquired Fidentiis Capital, growing Houlihan Lokey's Corporate Finance business in Europe.[23] This was followed shortly after by the acquisition of Freeman & Co. in December 2019, an independent advisory firm providing a range of advisory services to financial institution clients.[24]
