Houlihan Lokey To Acquire Waller Helms Advisors, Doubling Financial Services Group's Size And Enhancing Coverage In Insurance And Wealth Management Sectors; Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Houlihan Lokey (HLI) is set to acquire Waller Helms Advisors, which will double the size of its Financial Services Group and enhance its coverage in the insurance and wealth management sectors. The deal is expected to close by December 31, 2024, with terms not disclosed.
August 08, 2024 | 12:37 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Houlihan Lokey (HLI) is acquiring Waller Helms Advisors, which will double the size of its Financial Services Group and enhance its coverage in the insurance and wealth management sectors. The deal is expected to close by December 31, 2024.
The acquisition of Waller Helms Advisors by Houlihan Lokey is a significant move that will double the size of its Financial Services Group and enhance its coverage in key sectors. This is likely to be viewed positively by investors, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100