HCM Services
The HCM services sector operates within Houlihan Lokey’s Business Services Group, which has earned a reputation for providing superior service and achieving outstanding results in M&A advisory, capital-raising, restructuring, and financial and valuation advisory services.
Our clients run the gamut from early-stage businesses and midsized companies to large, publicly traded corporations. We understand that an industry driven by innovation and change requires the sophistication of an advisor who can think ahead of the market and utilize solid industry relationships to help advance your vision. We optimize client outcomes by running executed, competitive processes, by focusing on deep domain knowledge to position for synergy and scarcity value, and by leveraging our world-class strategic and private equity access to bring the right senior decision-makers to the negotiation table.
| Advisor | Deals |
|---|---|
| Houlihan Lokey | 63 |
| Rothschild | 46 |
| Lincoln International | 32 |
| Clearwater International | 31 |
| Goldman Sachs | 27 |
Subsectors
How We Can Help
Our firm is extremely well equipped to help our clients navigate uncertainty and capitalize on opportunity. We respond quickly to challenging situations and are constantly helping clients analyze, structure, negotiate, and execute the best possible solutions from both strategic and financial perspectives.
Corporate Finance
- Mergers and Acquisitions
- Capital Markets
- Private Funds Advisory
- Board Advisory Services
Financial Restructuring
- Company Advisory
- Creditor Advisory
Financial and Valuation Advisory
- Portfolio Valuation and Fund Advisory
- Transaction Opinions
- Corporate Valuation Advisory Services
- Transaction Advisory Services
- Real Estate Valuation and Advisory
- Dispute Resolution Consulting
Contact Us
Selected Transactions
Houlihan Lokey is pleased to announce that ettain group (ettain), a leader in talent solutions, has been acquired by ManpowerGroup® (NYSE:MAN) (Manpower), a leading global workforce solutions company, for $925 million in cash. The transaction closed on October 1, 2021.
ettain group, one of the largest privately held IT resourcing and services providers in North America, delivers talent solutions across its technology, healthcare IT, digital, professional, and government practice areas. Founded in 1996, ettain has 28 offices located in 24 key regions across North America and is consistently recognized as a leader in the space. For the 12 months ended June 30, 2021, ettain pro forma revenues and pro forma EBITDA were approximately $724 million and $75 million, respectively. Pro forma results assume ettain acquired businesses at the beginning of the period.
ettain will become part of Experis, ManpowerGroup’s global IT resourcing and services brand, and when combined, the business will have total annual revenues of more than $4.5 billion globally with more than $1.7 billion in North America. The combination will increase strength in delivering IT services to the higher growth financial services and healthcare industries.
ettain group is a leading talent solutions company that delivers recruitment solutions and managed solutions in five practice areas: technology, healthcare IT, digital, professional, and government. With nearly 5,000 employees and consultants currently at work, ettain offers opportunities across North America and is a proud recipient of ClearlyRated’s Best of Staffing Diamond Award for both client and talent satisfaction for 10 consecutive years, an honor achieved by less than 1% of the industry.
ManpowerGroup®, a leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing, and managing the talent that enables them to win. Manpower develops solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Manpower’s family of brands—Manpower, Experis, and Talent Solutions—creates substantially more value for candidates and clients across more than 75 countries and territories and has done so for over 70 years.
Houlihan Lokey served as the exclusive financial advisor to ettain group.
