Houlihan Lokey hires new managing director for tech grou

Published 21/04/2025, 15:14
Houlihan Lokey hires new managing director for tech grou

NEW YORK - Houlihan Lokey, Inc. (NYSE:HLI), a prominent global investment bank with a market capitalization of $10.57 billion, has expanded its Technology Group with the appointment of Billy Goldstein as a Managing Director. Goldstein’s role will focus on broadening the firm’s initiatives within the digital infrastructure sector. According to InvestingPro data, the company maintains a strong financial health score of GOOD, supported by robust revenue growth of 22% in the last twelve months.

Goldstein’s appointment follows a distinguished tenure at CDX Advisors, where he served as a Partner and Managing Director for nearly five years. He specialized in digital infrastructure, playing a pivotal role in transactions exceeding $22.6 billion in M&A deals and securing $4.8 billion in private equity for clients in the sector. His prior experience includes significant positions at Goldman Sachs and Macquarie Capital, where he amassed over $130 billion in closed M&A and facilitated over $37 billion in client financing.

Jason Hill, Managing Director and Co-Head of Houlihan Lokey’s U.S. Technology Group, lauded Goldstein’s extensive experience and transactional expertise, which are expected to enhance the firm’s service offerings and benefit clientele. Hill anticipates Goldstein’s industry acumen and strategic advisory skills to be instrumental in the group’s growth.

Houlihan Lokey’s Digital Infrastructure team, with nearly 40 specialists in the U.S. and Europe, is recognized for its deep industry expertise and has been actively involved in the digital infrastructure market for over 25 years. The firm aims to leverage its strong market relationships to provide clients with access to a broad range of domestic and international opportunities.

Goldstein expressed enthusiasm for joining Houlihan Lokey, citing the firm’s market position, client-centric culture, and the Digital Infrastructure team’s proficiency as key factors in his decision. He is committed to contributing to the firm’s success in the dynamic digital infrastructure space.

The Technology Group at Houlihan Lokey, consisting of over 140 financial professionals globally, has been acknowledged for its excellence in M&A advisory, capital-raising, and financial advisory services. In 2024, the group was ranked the top investment bank for global technology transactions by LSEG.

Houlihan Lokey’s reputation is built on providing independent advice and intellectual rigor, serving a diverse clientele that includes corporations, institutions, and governments across various regions. The firm has consistently been recognized as a leading investment bank in global M&A transactions, restructuring, and fairness opinions.

This announcement is based on a press release statement.

In other recent news, Houlihan Lokey reported impressive financial results for the third quarter of fiscal 2025, surpassing analyst expectations. The company achieved earnings per share (EPS) of $1.64, exceeding the projected $1.49, and reported revenue of $634 million, which was above the anticipated $591.45 million. This marks a 24% year-over-year revenue growth, driven by a 36% increase in the Corporate Finance segment. Meanwhile, Morgan Stanley upgraded Houlihan Lokey’s stock from Underweight to Overweight, citing the company’s strong cost management and resilient revenue mix as key factors in its ability to manage earnings volatility.

In a separate development, Kraft Heinz is reportedly planning to sell its Italian baby food brand, Plasmon, with Houlihan Lokey engaged to facilitate the transaction. This move comes after a previous attempt to sell the brand in 2019. Houlihan Lokey’s recent success and strategic initiatives suggest a positive outlook, with the firm maintaining a stable market position and showing strong performance across its business segments.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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