Houlihan Lokey Agrees to Acquire MVP Capital

Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, has agreed to acquire MVP Capital (MVP), an independent advisory firm that provides a range of advisory services to clients in the technology, media, and telecom (TMT) sector, the company said.

The transaction, signed June 23, adds substantially to the firm´s coverage of the telecommunications sector and expands Houlihan Lokey´s footprint in the US The transaction is expected to be completed next quarter following regulatory approval.

Founded in 1987, MVP serves clients across the TMT sector, providing mergers and acquisitions advisory, capital formation, and other advisory services. Since its founding, MVP has advised on more than 300 M&A and private placement transactions in the TMT sector. With an emphasis on telecom, Internet infrastructure, and broadcast industries, MVP´s sectors of focus include fiber, towers, small cells, distributed antenna systems (DAS), wireless, data centers, cloud and managed services, and radio and television broadcasting.

As part of this transaction, MVP´s investment banking team will become part of Houlihan Lokey´s global TMT Group. Jason Hill, MVP Managing Partner, will join as a co-head alongside Rob Louv and Roy Kabla, who currently lead the firm´s team. In addition, MVP CEO Greg Widroe will assume a senior role in the TMT Group, focusing in part on strategic initiatives. 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 & 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 is a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and valuation. The firm serves corporations, institutions, and governments worldwide with offices in the United States, Europe, the Middle East, and the Asia-Pacific region. Independent advice and intellectual rigor are hallmarks of the firm´s commitment to client success across its advisory services.