PRESS RELEASESWednesday, December 2, 2015

Houlihan Lokey Expands Houston Presence, Hires Experienced Acquisitions & Divestitures Team

Firm Expands Oil & Gas Client Service Offering; Kirk Tholen Appointed Managing Director and Head of Acquisitions & Divestitures  

HOUSTON – December 2, 2015 – Houlihan Lokey (NYSE: HLI), the global investment bank, today announced a significant expansion of its Oil & Gas Exploration and Production (E&P) Group that includes an experienced Acquisitions and Divestitures (A&D) team with deep expertise in the oil and gas sector.

The Houlihan Lokey A&D team will assist the firm’s oil and gas clients with the identification, valuation, acquisition, and divestiture of short- and long-term assets as part of companies’ overall asset allocation strategies, adding a unique skill set to Houlihan Lokey’s E&P platform.  The team also will include technical experts to conduct research, subsurface analyses, and engineering-based asset valuations, allowing Houlihan Lokey to further elevate its world-class service to the upstream sector.

As part of this expansion, the firm has appointed Kirk Tholen Managing Director and Head of the A&D practice in Houston. Mr. Tholen joins from Credit Agricole’s Corporate and Investment Bank, where he was a Managing Director and Group Head of Acquisitions & Divestitures, Americas for the past three years. With close to 25 years of experience in the sector, Mr. Tholen’s expertise spans nearly every aspect of the oil and gas industry. He has advised on a wide range of transactions including upstream mergers, acquisitions, divestitures, business development, petroleum engineering, and division startups.

“Houlihan Lokey’s expansion into A&D and the addition of a technical, transaction-oriented advisory team led by an executive of Mr. Tholen’s caliber reconfirms our commitment to providing our E&P clients with a truly comprehensive suite of industry-focused services and expert advice,” said J.P. Hanson, Head of Houlihan Lokey’s E&P Group. “We’re delighted that Kirk and his colleagues have joined the firm and we could not be more excited to introduce them to our current and future clients, who will benefit substantially from the addition of a high-caliber technical transactional advisory team,” he continued.

“Houlihan Lokey has a long history of advising oil and gas clients across all of its businesses, particularly in Corporate Finance and Financial Restructuring,” said Scott Beiser, CEO of Houlihan Lokey. “The addition of technical and A&D experts to the E&P Group expands our overall service offering and cements our coverage capabilities in the sector, both geographically and in terms of the depth and breadth of expertise that we continue to deliver to our clients.”

“The opportunity to join an investment bank as well-regarded as Houlihan Lokey in rounding out their already robust E&P advisory practice is significant,” said Mr. Tholen. “Houlihan Lokey clients will derive substantial advantages from the value and synergies created by combining an experienced and highly technical A&D team with Houlihan Lokey’s E&P advisory services.  Providing unbiased, independent advice to the oil and gas sector isn’t as common as one may believe, and now Houlihan Lokey can do so from the reservoir to the balance sheet, delivering E&P companies, their Boards, and capital providers a truly comprehensive service offering. I’m excited to be part of that winning formula,” he added.

Mr. Tholen holds a B.S. in Chemical Engineering from the University of Louisiana at Lafayette and an MBA from the University of Houston. He is a former Board member of the Society of Petroleum Engineers, holds a number of professional certifications and association memberships, and is a frequent speaker at various industry events.

Houlihan Lokey’s E&P Group focuses on providing advisory services to management teams, boards, companies, and investors in the upstream, midstream, and downstream subsectors across the areas of Mergers & Acquisitions, Financing, Corporate Finance, Valuation, Financial Restructuring, and Strategic Board Advisory services. The dedicated global E&P Group includes professionals across Houlihan Lokey’s offices in New York, Houston, Dallas, and London.

About Houlihan Lokey

Houlihan Lokey (NYSE: HLI) is a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, valuation, and strategic consulting. The firm serves corporations, institutions, and governments worldwide with offices in the United States, Europe, and the Asia-Pacific region. Independent advice and intellectual rigor are hallmarks of our commitment to client success across our advisory services. Houlihan Lokey is ranked as the No. 1 M&A advisor for U.S. transactions under $5 billion, the No. 1 global restructuring advisor, and the No. 1 M&A fairness opinion advisor for U.S. transactions over the past 10 years, according to Thomson Reuters. For more information, please visit www.hl.com.

 

Contact information:

Investor Relations:
212-331-8225
ir@hl.com

Media Relations:
212-331-8223
pr@hl.com



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 ranked as the No. 1 M&A advisor for all U.S. transactions, the No. 1 global restructuring advisor, and the No. 1 global M&A fairness opinion advisor over the past 20 years, according to Thomson Reuters.

For press inquiries, contact PR@HL.com or 212.331.8223.

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