Houlihan Lokey to Acquire 7 Mile Advisors
Summary
“We’re delighted to bring on this talented team to build on the outstanding track record we have achieved in the IT services segment and, more importantly, continue toward our goal of providing our clients with the best, most subsector-specific expertise possible as they navigate opportunities and challenges. “Houlihan Lokey’s entrepreneurial, team-oriented culture and global presence make it an excellent home for 7MA, and we’re excited to be joining the largest and most active business services investment banking team. Our clients will benefit tremendously from the firm’s industry focus, superior capital markets capabilities, and a depth of financial sponsor relationships that is second to none. We look forward to joining our new colleagues around the world to build on the firm’s successes to date in the IT services sector,” said Leroy Davis, a founding Partner at 7MA. Their business mix aligns perfectly with ours, but more importantly, their strong cultural compatibility, which in our view is the cornerstone of any combination, makes for an excellent fit.