Houlihan Lokey Advises LCI
Houlihan Lokey is pleased to announce that LCI, Inc., (LCI) has been acquired by Verisk Analytics (NASDAQ:VRSK). Houlihan Lokey served as the exclusive financial advisor to LCI.
LCI delivers industry-leading bankruptcy and consumer behavioral data, process automation software, and research to its blue-chip customer base of credit providers (including eight of the 10 largest global financial institutions), bankruptcy servicers, and debt buyers. Boasting the industry's most comprehensive consumer bankruptcy database, the company's suite of automated, cloud-based services, case management solutions, and portfolio valuation solutions provides its customer base with superior information and improved profitability. LCI's high-tech approach, combining process engineering principles with management information systems, brings both a sharp focus on quality control and process efficiency to the development of data processing systems.
Verisk Analytics is a leading data analytics provider serving customers in insurance, natural resources, and financial services. Using advanced technologies to collect and analyze billions of records, Verisk Analytics draws on unique data assets and deep domain expertise to provide first-to-market innovations that are integrated into customer workflows. Verisk Analytics offers predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence, economic forecasting, and many other fields.
Houlihan Lokey's Business Services Group offers M&A advisory, capital raising, valuation, and corporate restructurings to public and private companies. The Group's dedicated team of more than 15 professionals covers a broad array of sectors, including business process outsourcing, human resources outsourcing, IT Services, facilities management, marketing services, information services, rental services, auto retail services, and specialty consulting. The Business Services Group employs an integrated approach across the firm's industry and product groups to bring the highest level of knowledge, services, and relationships to its clients. The Group maintains deep, senior-level relationships with major strategic and financial buyers of professional and technology-enabled services companies, as well as large, public, and private company thought leaders within the industry.
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