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Houlihan Lokey completed the acquisition of GCA for $599m.

Synopsis

Houlihan Lokey, an investment bank serving corporations, completed the acquisition of GCA, a global investment bank that provides strategic mergers and acquisitions, capital markets, and private funds advisory services, for $599m. "This landmark transaction is a truly historic moment for Houlihan Lokey, and we welcome all of our new colleagues to the firm. The addition of GCA significantly expands our technology capabilities, critical to meeting the needs of our clients in an ever more technology-driven world. In addition, the strength of GCA’s platform in Asia-Pacific allows us to achieve scale and better serve clients in this rapidly growing region," Scott Beiser, Houlihan Lokey CEO. On August 2, 2021, Houlihan Lokey ofered $591m. On September 9, 2021, Houlihan Lokey raised its offer price for about $599m.

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