Houlihan Lokey Adds TMT Pro

Houlihan Lokey has announced the hiring of Walid Khiari as a managing director in its technology, media, and telecom (TMT) group.

Mr. Khiari joins the firm after serving as a managing director in the technology investment banking group at Rothschild & Co. where he helped launch the firm’s investment banking practice in Silicon Valley.

“To borrow from Marc Andreessen, software continues to ‘eat the world,’ particularly as the impact of the pandemic both highlights and accelerates the ongoing trend of digitization across all facets of our economy and society,” said Rob Louv, the co-head of Houlihan Lokey’s TMT group. “Walid’s market knowledge and transaction expertise in the software space is nothing less than outstanding, and I am confident that his advice and guidance will be tremendously valuable to our clients as this trend continues.”

Houlihan Lokey’s TMT group provides transaction advisory, private capital raising, debt and equity financing, restructuring services, financial opinions, valuations, and distressed services. According to Refinitiv – formerly the financial and risk unit of Thomson Reuters – Houlihan Lokey was ranked as the top advisor for U.S. technology, media, entertainment, and telecom transactions under $5 billion from 2018 to 2020.

“Houlihan Lokey’s collaborative culture, unmatched depth of private equity relationships, and dominance in the mid-cap segment of the M&A markets, where the heart of the economy beats loudest and where M&A activity is consistently active, present an exciting opportunity for me to assist our corporate and financial sponsor clients in the software sector,” said Mr. Khiari. “I look forward to helping the TMT group continue to grow its track record of success as software becomes an increasingly integral part of the way we work, learn, play, and socialize.”

Last year Private Equity Professional covered Houlihan Lokey’s acquisition of MVP Capital, an advisory firm specializing in the technology, media, and telecom (TMT) sector. Through the acquisition, the firm added 25 finance professionals to its TMT group.

Los Angeles-headquartered Houlihan Lokey (NYSE: HLI) was founded in 1972 by Richard Houlihan and Kit Lokey and is currently led by CEO Scott Beiser.

© 2021 Private Equity Professional | June 24, 2021