What Triago does

Houlihan Lokey is a global independent investment bank founded in 1972 and headquartered in Los Angeles, California, publicly traded on the NYSE under ticker HLI. The firm delivers advisory services across three core practices: Corporate Finance (mergers and acquisitions and capital markets advisory), Financial Restructuring (out-of-court and formal bankruptcy proceedings), and Financial and Valuation Advisory (fairness opinions, valuation, and consulting), and serves corporations, financial sponsors (predominantly private equity firms), and government agencies. It operates nine dedicated industry groups spanning Business Services, Consumer, Energy, Financial Services, FinTech, Healthcare, Industrials, Infrastructure, Real Estate, and Technology.

The firm executes transactions through a global network of offices across the Americas, Europe, the Middle East, and Asia-Pacific, with licensed subsidiaries in 17+ jurisdictions including the United States, United Kingdom, Germany, France, Italy, the Netherlands, Sweden, Switzerland, the UAE, Australia, China, Hong Kong, India, Japan, Singapore, and Brazil. Revenue is generated through professional services fees tied to transaction complexity, size, and scope, with billing typically structured as multi-year contracts for ongoing advisory engagements. Business-continuity infrastructure includes data replication between Las Vegas and Dallas data centers.

Houlihan Lokey holds sustained #1 market positions across multiple ranking categories: Global M&A Transactions (458 deals in 2025), Global Investment Banking Restructuring Advisor (83 deals), M&A Fairness Opinion Advisor over 25 years (1,170 deals), and Most Active Advisor to Private Equity globally (286 deals in 2025). The firm reports a Net Promoter Score of +77 and 95% client satisfaction. Governance is led by Chairman Irwin N. Gold and CEO Scott J. Adelson. Note: The firmographics header references 'Triago' (Paris, 1992, 14 employees), but the substantive source content pertains to Houlihan Lokey; the analytical outputs above are grounded in the Houlihan Lokey source data.

Name

Triago

Legal name

Houlihan Lokey, Inc.

Website

https://triago.com

Company type

Public

Founded year

1972

Operating status

Operating

Headcount range

11–50 employees

Short description

Houlihan Lokey is a global independent investment bank providing M&A advisory, financial restructuring, and valuation services to corporations, private equity sponsors, and government agencies through licensed offices in 17+ jurisdictions. Founded 1972, publicly traded on NYSE as HLI.

Ownership category

akta.pro rank

Headquarters

HQ city

Los Angeles

HQ country

United States

HQ region

North America

Offices17 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Investment Banking and Advisory Services: Houlihan Lokey generates revenue through three primary business practices: 1) Corporate Finance encompassing M&A and capital markets advisory, 2) Financial Restructuring including both out-of-court and formal bankruptcy proceedings, and 3) Financial and Valuation Advisory including financial opinions and various valuation and financial consulting services.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Houlihan Lokey is a global independent investment bank providing advisory services across corporate finance (M&A, capital solutions, board advisory), financial restructuring, and financial and valuation advisory. The firm is publicly listed on the NYSE under ticker HLI, founded in 1972, and serves corporations, financial sponsors, governments, and other clients through more than 25 offices globally.

Product overview

Houlihan Lokey is a global independent investment bank providing three primary business practices: Corporate Finance (M&A and capital markets advisory), Financial Restructuring (out-of-court and in formal bankruptcy/insolvency proceedings), and Financial and Valuation Advisory (financial opinions, valuation, and financial consulting services). The firm operates across multiple industry verticals including Technology, FinTech, Energy, Healthcare, Consumer, Business Services, Financial Services, Industrials, Infrastructure, and Real Estate. The company serves corporations, financial sponsors, and government agencies worldwide through offices in the Americas, Europe, Middle East, and Asia-Pacific regions.

Differentiator

Problem solved

Functional benefit

Products and services

• Corporate Finance Advisory services for mergers and acquisitions, capital solutions, and board advisory for corporate clients, financial sponsors, and government entities. Includes takeover defense, shareholder engagement, activism preparedness, strategic alternatives reviews, and capital allocation reviews.
• Financial Restructuring Restructuring advisory services for companies in distressed financial situations and for their creditors, sponsors, and other stakeholders across the capital structure.
• Financial and Valuation Advisory Valuation, transaction opinions, transaction advisory, real estate valuation, portfolio valuation, and dispute resolution services for corporations, financial sponsors, and other clients.

Quantifiable outcome

• 95% of clients are satisfied overall with Houlihan Lokey's services
• +1 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• PJT Partners: PJT Partners is a closely comparable independent advisory firm specializing in restructuring (55 deals in 2025, ranked #2 globally) and M&A advisory, with strong sponsor coverage. Directly competes for the same large-cap restructuring and PE-backed M&A mandates.
• Jefferies Financial Group: Jefferies' Investment Banking division is a direct competitor in M&A advisory and PE sponsor coverage (196 PE deals in 2025, ranked #3 globally). Comparable in middle-market sponsor-focused advisory with additional equity research and capital markets capabilities.
• Lazard: Lazard is a global independent financial advisory and asset management firm, with an investment banking division that directly competes in M&A advisory, restructuring (50 deals in 2025), and capital markets advisory. Closely comparable in scope and scale, with a similar advisory-led business model.
• Centerview Partners: Centerview Partners is an elite independent investment bank that competes directly for the largest, highest-profile M&A and restructuring mandates. Closely comparable in advisory-only model, senior-led delivery, and focus on board-level engagements.
• Morgan Stanley (Investment Banking): Morgan Stanley Investment Banking directly competes in M&A advisory (357 deals in 2025, #5 globally), capital markets, and PE sponsor coverage. A bulge bracket competitor that overlaps on the largest mandates where bulge bracket balance sheet and financing capabilities are key.
• Rothschild & Co: Rothschild & Co is the closest direct peer — an independent, advisory-focused global investment bank with comparable M&A advisory, restructuring, and capital markets capabilities. Directly competes with Houlihan Lokey for mid-to-large cap M&A mandates and is consistently ranked #2-4 across the same league tables (400 M&A deals in 2025).
• Goldman Sachs (Investment Banking Division): Goldman Sachs Investment Banking is a primary competitor across M&A advisory (441 deals in 2025, #2 globally) and capital markets. While a bulge bracket, it competes for many of the same mid-to-large cap advisory mandates and is consistently ranked among the firm's primary competitive benchmarks.
• Evercore: Evercore is a leading independent investment bank competing directly in M&A advisory and restructuring (33 deals in 2025). Closely comparable in size, business mix, and advisory focus, with similar concentration on senior-led, conflict-free client engagements.
• JPMorgan (Investment Banking): JPMorgan's M&A and Investment Banking division is a direct competitor (364 M&A deals in 2025, #4 globally; 1,034 fairness opinions ranked #3). As the largest US bank by assets, it competes on the largest mandates via balance sheet capability while also serving the same corporate and PE clients on mid-market advisory.
• Moelis & Company: Moelis & Company is an independent global investment bank offering M&A, restructuring, and capital markets advisory. Directly comparable in advisor-led model and target market of mid-to-large cap corporate and PE transactions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/triago

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries19 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Triago