PRESS RELEASESWednesday, January 15, 2014

Houlihan Lokey Continues Expansion of Industrials Coverage With New Hire

Cory Daugard  Joins as Managing Director and Head of Oilfield Services

NEW YORK – January 15, 2014 - Houlihan Lokey, the international investment bank, today announced that Cory Daugard has joined the firm as a Managing Director and Head of the Oilfield Services practice within the Industrials Group. He is based in Dallas, reporting to Bill Peluchiwski and Jim Lavelle, Co-Heads of the Industrials Group.

Mr. Daugard joins from RBC Capital Markets, where he was most recently a Managing Director coveringthe U.S. oilfield services sector. Prior to RBC, he was a Director with Huron Consulting Group’s Corporate Advisory practice and Arthur Andersen’s Corporate Finance practice where he focused on M&A, corporate finance, and restructuring assignments primarily in the energy industry.

“Having spent his entire career in the energy sector, and spending the last eight years focusing on oilfield services, Cory substantially increases our capabilities and client service in this critical sector. Adding a banker with his depth and breadth of experience will be tremendously valuable to our clients and to the continued success of the Industrials franchise,” said Mr. Peluchiwski.

“I’m delighted to have joined the Industrials team at Houlihan Lokey,” said Mr. Daugard. “I look forward to being part of a team known for the unmatched industry expertise and solutions-oriented client service that Houlihan Lokey consistently delivers to its clients,” he added.

Mr. Daugard holds a B.B.A. in Accounting and Finance from Texas A&M University.

Houlihan Lokey (NYSE:HLI) is a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and valuation. 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 the No. 1 M&A advisor for the past five consecutive years in the U.S., the No. 1 global restructuring advisor for the past six consecutive years, and the No. 1 global M&A fairness opinion advisor over the past 20 years, all based on number of transactions and according to data provided by Refinitiv (formerly Thomson Reuters).

For press inquiries, contact or 212.331.8223.

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