Mr.
Prendergast is a Vice President in Houlihan Lokey’s
national
Accounting
and Financial Reporting advisory team and has over
10 years of experience in financial advisory, assurance,
and reporting. Mr. Prendergast is
dedicated to providing
strategic
and financial sponsor clients with accounting and financial reporting advisory services
in
conjunction with private and public market M&A,
strategic alliances, divestitures, and financial restructurings. He is based in the firm’s Chicago office.
As
part of Houlihan Lokey’s Transaction Advisory Services practice, Mr.
Prendergast’s role includes providing
insights
on accounting and financial reporting matters involving U.S. GAAP, IFRS, and
other international GAAP matters; providing practical advice in the drafting of
purchase and sale agreements, offering memoranda, credit agreements,
registration statements, and other financial reporting matters; and assisting
clients in executing domestic and international transactions.
Mr.
Prendergast executed
on
several due diligence engagements and financial statement audits
for both strategic and financial buyers during his
time in the Big Four,
delivering specific
advice related to earnings and financial position quality, carve-out
methodology, purchase accounting, technical accounting advisory, working
capital analysis,
and
GAAP difference identification and adjustments. During his tenure
in the
industry, Mr.
Prendergast has
led
financial
reporting teams in implementing ongoing financial reporting processes, considerations,
and
controls around asset securitizations, private debt placements,
and
public filings.
He has also served in
a project management capacity around the creation of offering memorandum, term sheets,
and
indentures.
Mr.
Prendergast graduated magna cum laude with
a
B.S. in Accountancy
from Northern
Illinois University.
He also earned a Master of Accounting Science (M.A.S.) from Northern Illinois
University, where he worked as a teacher’s assistant. He
is a licensed Certified Public Accountant in the state of Illinois and a
Chartered Financial Analyst.