The company was founded in 1972 and is headquartered in Los Angeles, California. Houlihan Lokey provides services in mergers and acquisitions, financial restructuring, mezzanine financings, divestitures, and acquisition financings. Additionally, the firm offers portfolio valuation, transaction opinion, intellectual property, financial reporting, real estate valuation, and dispute resolution services. Houlihan Lokey caters to various sectors, including aerospace and defense, electrical equipment, construction, and engineering, among others. The company is known for its expertise in M&A transactions, financial restructuring, and valuation advisory, and has been ranked as the top investment bank in these areas by Refinitiv.