Houlihan Lokey Advises Procentrix

Houlihan Lokey is pleased to announce that Procentrix, Inc., has received an investment from Macquarie Capital in order to further catapult its next phase of growth. The transaction details were not disclosed.

Headquartered in Herndon, Virginia, Procentrix is a leading provider of IT modernization solutions with a market-leading position deploying the Microsoft Power Platform, Azure Cloud, and Microsoft 365. The company has established franchise positions within multiple federal civilian and law enforcement agencies, including the SEC, OCC, DHS, DOJ, and U.S. Courts. Procentrix’s workforce is highly technical, development-focused, and specialized in leading technologies, with particularly deep expertise in Microsoft’s robust low-code, no-code suite of products. In an effort to further increase delivery speed and reduce development cost and risk, the company has heavily invested in the development of innovative and proprietary frameworks that facilitate the integration of Microsoft solutions and cloud services and are tailored to rapidly automate enterprise-level and cross-agency workflows.

Macquarie Capital is the advisory, capital markets, and principal investment arm of Macquarie Group. Its capabilities encompass corporate advisory and a full spectrum of capital solutions, including capital raising services from equity, debt, and private capital markets and principal investments from Macquarie’s own balance sheet. These offerings are reinforced through its deep sector expertise in aerospace, defense and government services, consumer, gaming and leisure, financial institutions, healthcare, industrials, infrastructure and energy, real estate, resources, services, technology and telecommunications, and media sectors.

Houlihan Lokey served as the exclusive financial advisor and assisted in marketing, structuring, and negotiating the transaction on behalf of Procentrix.

Houlihan Lokey’s Aerospace, Defense & Government (ADG) practice within the global Industrials Group is a leading M&A advisor to aerospace, defense, and government services companies. The Procentrix transaction marks the 12th closed transaction since January 2021 from the government technology and services team. With a staff of approximately 30 investment bankers in Washington, D.C., London, and Los Angeles, Houlihan Lokey’s ADG practice is among the largest dedicated industry banking groups worldwide. In 2020, the Industrials Group was once again ranked as the No. 1 M&A advisor for all U.S. industrial transactions, according to Refinitiv.