Houlihan Lokey completed the acquisition of PSL.

Houlihan Lokey, an American investment bank offering financial services, completed the acquisition of PSL, a UK-based structured credit valuation and analytic services provider. Financial terms were not disclosed. “We are delighted to join forces with Houlihan Lokey, a recognised leader with a rich history in financial valuation services. By integrating PSL’s technology-driven solutions with Houlihan Lokey’s globally respected Portfolio Valuation and Fund Advisory Services team, we can provide innovative and customised services on a much larger scale. Together, we are uniquely positioned to offer clients enhanced analytical capabilities and superior insights into the valuation of complex portfolios,” Fraser Malcolm, PSL Co-Founder and CEO.