Houlihan Lokey Advises Aline Accounting Partners

Houlihan Lokey is pleased to announce the successful placement of $100 million of committed capital for Aline Accounting Partners, LLC (Aline Accounting). The financing consisted of a $5 million revolver, a $37.2 million senior term loan and a $57.8 million delayed draw term loan. The transaction closed on August 28, 2025.

Aline Accounting is a leading accounting and professional services platform, providing a full suite of resources to its member firms, including finance and reporting, IT and labor support, human resources, recruiting, resourcing, marketing, and growth and M&A. Aline Accounting was formed in August 2024 through the merger of three firms with long operating histories and has since completed nine acquisitions, including two transactions that closed concurrently with the financing. Pro forma for the acquisitions financed at closing, Aline Accounting operates across Connecticut, Virginia, North Carolina, Georgia, Florida, and Michigan.

Houlihan Lokey’s Capital Solutions Group served as the exclusive placement agent to Aline Accounting, assisting the company in arranging, structuring, and negotiating the financing. The financing highlights the firm’s ability to drive competitive tension to deliver outlier results, including attractive pricing, aggressive DDTL sizing, and a flexible covenant structure.

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