Triago
- Company typePublic
- Founded1970
- HeadquartersParis, France
- Headcount11–50
- GTM typeB2B
- OfferingServices
Triago firmographics
Firmographics- Name
- Triago
- Legal name
- Houlihan Lokey, Inc.
- Website
- https://hl.com
- Company type
- Public
- Founded year
- 1970
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Triago industry classification
Industry- Product category
- Investment Banking
- NAICS
- Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Portfolio Management and Investment Advice (523940)
- SIC
- Services-Management Consulting Services (8742), Investment Advice (6282)
- akta.pro primary industry
- Institutional Consultants & Fiduciary Management (Investment Consulting) (FSAAAGAJ)
- akta.pro secondary industry
- Regulatory Change, Governance & Compliance Management (GRC) (FSACAJAK)
Keywords
Where Triago is headquartered
LocationHeadquarters
- HQ city
- Paris
- HQ country
- France
- HQ region
- Europe
Offices18 records
Markets served
Triago business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- M&A Advisory: Fees from advising buyers and sellers on mergers, acquisitions, divestitures, and other strategic transactions. Revenue is typically earned through success fees based on transaction value or flat advisory retainers.
- Capital Solutions: Advisory services for equity capital solutions, debt financing, and capital raising activities. Revenue generated through placement fees, commitment fees, and advisory retainers.
- Financial Restructuring: Advisory to companies, creditors, and other stakeholders in financial restructuring situations including distressed debt, bankruptcies, and out-of-court workouts.
- Financial and Valuation Advisory: Portfolio valuation, fund advisory, transaction opinions, corporate valuation, and dispute resolution consulting services.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Triago product offering
Product offeringCore offering
Triago is a Paris-based private equity advisory firm founded in 1992 that has been integrated into Houlihan Lokey. It delivers investment banking advisory services across mergers and acquisitions, capital solutions, financial restructuring, and financial and valuation advisory for corporate clients, private equity sponsors, and financial institutions. Revenue is generated through transaction fees, placement fees, commitment fees, and advisory retainers negotiated on a per-engagement basis.
Differentiator
Problem solved
Functional benefit
Products and services
- Mergers and Acquisitions Advisory Buy-side and sell-side advisory on mergers, acquisitions, divestitures, and strategic transactions for corporate clients and private equity sponsors. Revenue is earned through success fees based on transaction value or flat advisory retainers.
- Capital Solutions Advisory services for equity capital solutions, debt financing, and capital raising activities, with revenue generated through placement fees, commitment fees, and advisory retainers.
- Board Advisory Services Board-level advisory services supporting corporate clients on strategic, financial, and governance matters.
- Financial Restructuring Advisory to companies, creditors, and other stakeholders in financial restructuring situations including distressed debt, bankruptcies, and out-of-court workouts. Ranked No. 1 Global Investment Banking Restructuring Advisor with 83 deals in 2025 per LSEG.
- Financial and Valuation Advisory Portfolio valuation, fund advisory, transaction opinions, corporate valuation, transaction advisory, real estate valuation, and dispute resolution consulting services. Ranked No. 1 Global M&A Fairness Opinion Advisor over the past 25 years with 1,170 opinions per LSEG.
Quantifiable outcome
- 95% client satisfaction rate across 700+ analyzed transactions and 750+ interviews over 6+ years
- +4 more outcomes
Companies that use Triago
Customer profileNamed customers15 records
Segments5 records
Ideal customer profiles10 records
Triago technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Triago partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Intrepid Financial PartnerscoreHoulihan Lokey announced the acquisition of Intrepid Financial Partners, strengthening its financial advisory capabilities and expanding its service offerings to clients.
Scale indicators7 records
Recent moves5 records
Expansion highlights4 records
Triago competitors and assessment
Company assessmentDirect peers
- Rothschild & Co: Rothschild & Co is a global independent advisory firm with leading M&A and restructuring practices and a strong European footprint. It is a directly comparable peer, consistently ranked among the top global M&A advisors (400 deals in 2025 vs. Houlihan Lokey's 458).
- PJT Partners: PJT Partners is an independent advisory-focused investment bank with leading restructuring and M&A practices. It is one of Houlihan Lokey's primary direct competitors in restructuring league tables (ranked #2 with 55 deals vs. Houlihan Lokey's 83 in 2025).
- Moelis & Company: Moelis & Company is a global independent advisory boutique founded by Ken Moelis, focused on M&A, restructuring, and capital markets advisory. It competes in the same elite-boutique category as Houlihan Lokey and is a directly comparable peer.
- Perella Weinberg Partners: Perella Weinberg Partners is an independent global advisory firm offering M&A, restructuring, and capital markets advisory. It is a directly comparable peer in the elite boutique segment, particularly in restructuring and large-cap M&A.
- Centerview Partners: Centerview Partners is an elite independent advisory firm specializing in M&A, restructuring, and shareholder advisory for large corporations and private equity sponsors. It is a direct peer in the highest-stakes advisory mandates that Houlihan Lokey pursues.
- Jefferies Financial Group: Jefferies is a global investment banking firm with strong M&A advisory, capital markets, and sponsor coverage practices. It is a directly comparable peer, ranked #3 in 2025 Global Private Equity Financial Advisors (196 deals) and a frequent counterparty in mid-market and sponsor-led transactions.
- Lazard: Lazard is a publicly listed global advisory and asset management firm with deep M&A advisory, restructuring, and capital solutions practices. It is the closest direct comparable to Houlihan Lokey given overlapping services and a similar advisory-only positioning.
- Evercore: Evercore is an independent global advisory firm with strong M&A advisory, restructuring, and equity capital markets capabilities. It competes directly with Houlihan Lokey in the same elite-boutique segment, particularly in sponsor-led M&A.
Broad incumbents
- Goldman Sachs (Investment Banking Division): Goldman Sachs is a bulge-bracket bank offering M&A advisory, capital markets, restructuring, and trading across a far wider product set. It competes with Houlihan Lokey in M&A league tables (441 deals in 2025 vs. Houlihan Lokey's 458) and is a broad incumbent rather than a direct specialist competitor.
- JP Morgan (Investment Banking Division): JP Morgan is the largest bulge-bracket investment bank globally, offering full-service M&A, capital markets, and financing capabilities. It competes with Houlihan Lokey in league-table rankings (364 deals in 2025) but at vastly greater scale and broader product scope.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Triago social profiles
Digital presenceTriago financial estimates
Financial estimateRevenue estimate
Valuation estimate
Triago leadership team
Management profileNumber of profiles
Profiles2 records
Triago subsidiaries and ownership
Company hierarchySubsidiaries21 records
Triago funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Triago M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Triago
What does Triago do?
Triago is a Paris-based private equity advisory firm founded in 1992 that has been integrated into Houlihan Lokey. It delivers investment banking advisory services across mergers and acquisitions, capital solutions, financial restructuring, and financial and valuation advisory for corporate clients, private equity sponsors, and financial institutions. Revenue is generated through transaction fees, placement fees, commitment fees, and advisory retainers negotiated on a per-engagement basis.
Is Triago a public or private company?
Triago is a public company. It is classified as public and is currently operating.
When was Triago founded?
Triago was founded in 1970. It employs 11 to 50 people.
Where is Triago based?
Triago is headquartered in Paris, France, in the Europe region.
How does Triago make money?
Four revenue lines are on record. M&A Advisory is the primary driver. The others are capital Solutions, financial Restructuring and financial and Valuation Advisory.
Who are Triago's main competitors?
Direct peers on record are Rothschild & Co, PJT Partners, Moelis & Company, Perella Weinberg Partners, Centerview Partners, Jefferies Financial Group, Lazard and Evercore. Broad incumbents are Goldman Sachs (Investment Banking Division) and JP Morgan (Investment Banking Division).
Does Triago have an API?
No public API is recorded for Triago.
What industry is Triago in?
Triago's product category is Investment Banking. Its primary akta.pro industry code is FSAAAGAJ, Institutional Consultants & Fiduciary Management (Investment Consulting), with a secondary code of FSACAJAK, Regulatory Change, Governance & Compliance Management (GRC). Its NAICS code is 523 and its SIC code is 8742.