In a strategic move that is set to reshape the landscape of financial advisory and fund placement services, Houlihan Lokey has announced the successful acquisition of Triago, a leading global placement agent and secondary advisory firm. The deal, finalised on February 1st 2024, displays Houlihan Lokey's commitment to extending its outreach and enhancing its position as a premier global investment bank.
Houlihan Lokey, already renowned for its expertise in mergers and acquisitions, capital markets, financial restructuring, and valuation services, will now integrate Triago's extensive experience in fundraising, secondary market transactions, and advisory services within the private capital space. Triago, founded in 1992, has established itself as a trusted partner for both general partners and limited partners in the alternative investment industry.
The acquisition is expected to provide Houlihan Lokey with a comprehensive suite of services to meet the evolving needs of its clients. With a broader range of capabilities, the combined entity will be well-positioned to navigate the complexities of the global financial markets and deliver enhanced value to clients seeking solutions in fundraising, secondary transactions, and related advisory services.
Commenting on the acquisition, Scott L. Beiser, Chief Executive Officer of Houlihan Lokey, expressed enthusiasm about the synergies between the two firms. "Triago's proven track record in the private capital markets aligns seamlessly with our commitment to delivering exceptional service and value to our clients," said Beiser. "This strategic combination strengthens our ability to provide comprehensive financial solutions to a diverse and global client base."
Triago's Co-Founders, Antoine Drean and Christophe Baviere, echoed this sentiment, highlighting the shared vision and complementary strengths of both firms. "Joining forces with Houlihan Lokey marks an exciting chapter for Triago," stated Drean. "The combined expertise of our teams will undoubtedly create a powerhouse in financial advisory services, offering clients an unparalleled depth of knowledge and a global reach."
Industry experts anticipate that this acquisition will bring about a new era of innovation and growth for both companies. As private capital markets continue to evolve and demand for sophisticated financial solutions rises, the union of Houlihan Lokey and Triago is poised to provide clients with a competitive edge. Triago’s operations in the Middle East and throughout Europe will help Houlihan Lokey grow to become a much more global operation.
The financial terms of the deal have not been disclosed. However, the completion of this acquisition solidifies Houlihan Lokey's commitment to strategic expansion and positions the firm as a dominant force in the ever-evolving landscape of global financial services.