Houlihan Lokey Advises Ocean Tomo

Houlihan Lokey is pleased to announce the sale of Ocean Tomo, LLC, a portfolio company of Bow River Capital, to J.S. Held, LLC, and Kelso & Company, LP. The transaction closed on March 21, 2022.

Established in 2003, Ocean Tomo is headquartered in Chicago, with offices throughout the United States. Ocean Tomo’s team is composed of industry-leading experts in IP and intangible asset valuations and disputes, financial forensics, risk and regulatory compliance, patent analytics, investment advisory, innovation management consulting, and transaction brokerage. Collectively, Ocean Tomo’s experts have completed more than 1,000 engagements across a wide diversity of industry segments. They have consulted and provided expert testimony in some of the highest-profile IP matters over the past two decades—spanning state, federal, and international courts. Their clients include businesses, law firms, investors, artists, designers, creators, researchers, educational institutions, and government agencies.

J.S. Held is a specialized global consulting firm whose professionals serve as trusted, expert advisors to organizations facing high-stake events that demand urgent attention, exceptional knowledge, staunch integrity, and clear-cut analysis and advice. The firm provides a comprehensive suite of technical, scientific, financial, and technology advisory services that enable clients across the spectrum of industries to navigate complex, contentious, and often catastrophic situations with precise analysis, reliable insights, and confidence.

Houlihan Lokey served as the financial advisor to Ocean Tomo in connection with the transaction. This deal exemplifies the continued success of Houlihan Lokey’s dedicated coverage of the Specialty Consulting & Risk (SC&R) market to deliver an outstanding result to the selling shareholders.