WASHINGTON--(BUSINESS WIRE)--
Houlihan Lokey (NYSE:HLI), the global investment bank, today announced
that the M&A advisory practice of Bluestone Capital Partners (Bluestone)
has merged into Houlihan Lokey’s Aerospace, Defense & Government
Services (ADG) Group. Bluestone is a boutique investment banking firm
that provides corporate finance and other advisory services to companies
in the aerospace, defense, and government services sectors.
John Allen, Susan Gabay, and Greg Van Beuren will join Houlihan Lokey as
Managing Directors in the ADG Group, overseeing the firm’s government
services clients. Mr. Allen, Co-Founder and CEO of Bluestone, has more
than two decades of experience advising both Fortune 500 and
middle-market companies, including some of the largest corporate and
financial sponsor clients in the sector (such as Booz Allen, KeyW,
ManTech, and Veritas Capital). His prior experience also includes
serving as Co-Owner of Windsor Group prior to its acquisition by BB&T in
2005, and Co-President of Quarterdeck Investment Partners alongside
Anita Antenucci, Houlihan Lokey's Head of the ADG Group, from 1994 until
2002.
Ms. Gabay, Co-Founder of Bluestone, and Mr. Van Beuren have worked
alongside Mr. Allen at Windsor Group and BB&T. Together, the three
partners have advised on more than 150 transactions across the
aerospace, defense, and government services sectors. Key recent
transactions include the sale of Enlighten IT Consulting to
MacAulay-Brown, Inc.; Belcan's purchase of The Kemtah Group; and the
acquisition of Owl Computing Technologies, Inc., by QRC Technologies,
Inc. 2017 has been Bluestone's most active year, with the firm having
announced nine transactions.
“The Bluestone team has closed transactions with nearly every type of
buyer in the market, from large integrators to emerging mid-tier players
to private equity-backed portfolio companies and leading financial
sponsors,” said Ms. Antenucci. “Our government services clients will
benefit substantially from their sector expertise, industry
relationships, and invaluable market insight gleaned from more than 60
years of experience in the sector. John, Susan, Greg, and their
colleagues are an outstanding addition to Houlihan Lokey’s
industry-leading ADG Group, and I’m delighted that they have joined the
team,” she added.
“I could not be more excited to rejoin Anita after more than fifteen
years—and at the close of Bluestone’s most active year in M&A. Houlihan
Lokey’s broad service offering, combined with a depth of financial
sponsor relationships that is unmatched in the industry, is an
incredibly attractive value proposition for our clients, and we look
forward to continuing to deliver the exceptional advice and service for
which the firm is known,” said Mr. Allen.
In addition to the above-named Managing Directors, Bluestone Vice
President Garrett Asta and a talented team of analysts will also be
joining Houlihan Lokey'sADG Group. With these additions, the group is
among the largest of its kind in financial services, with 30
professionals based in Washington, D.C.; Los Angeles; and London.
Together with the firm's Business Services Group, the ADG Group has
advised on 25 transactions year-to-date.
“As we continue to grow our Corporate Finance business, finding
professionals with deep sector experience and the client-first,
entrepreneurial ethos that defines our firm culture is of paramount
importance,” said Robert Hotz, Vice Chairman and Co-Head of Corporate
Finance at Houlihan Lokey. “The Bluestone team’s credentials, decades of
experience, and reputation for providing superior advice to clients in
the sector make them a perfect fit to join our Aerospace, Defense &
Government Services Group,” he continued.
Houlihan Lokey (NYSE:HLI) is a global investment bank with expertise in
mergers and acquisitions, capital markets, financial restructuring,
valuation, and strategic consulting. The firm serves corporations,
institutions, and governments worldwide with offices in the United
States, Europe, the Middle East, and the Asia-Pacific region.
Independent advice and intellectual rigor are hallmarks of the firm's
commitment to client success across its advisory services. Houlihan
Lokey is ranked as the No. 1 M&A advisor for all U.S. transactions, the
No. 1 global restructuring advisor, and the No. 1 global M&A fairness
opinion advisor over the past 20 years, according to Thomson Reuters.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171218005521/en/
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Source: Houlihan Lokey