Specialty Distribution
The specialty distribution sector, which operates within Houlihan Lokey’s Industrials Group, 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 transaction quality and client work benefit from our company culture, where financial professionals are highly engaged in the execution of client projects, and from our experience as leaders in the market for more than a decade, which has given our professionals valuable exposure to a variety of situations and challenges. In 2023, our Industrials Group was ranked as the No. 1 M&A advisor for global industrials transactions under $1 billion.
| Advisor | Deals |
|---|---|
| Houlihan Lokey | 62 |
| Rothschild | 58 |
| ICBC | 49 |
| Lincoln International | 45 |
| Lazard | 42 |
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 Dana Kepner Company, a portfolio company of Littlejohn & Co., has been acquired by Core & Main. Houlihan Lokey served as the exclusive financial advisor to Dana Kepner Company and Littlejohn & Co. and assisted in initiating, structuring, and negotiating the transaction on their behalf.
Dana Kepner Company is a leading water and wastewater distributor serving eight states. The company combines local knowledge and an extensive product portfolio to serve its customers’ water delivery, metering, and sewer needs across the complete waterworks supply chain. Dana Kepner Company is headquartered in Denver, Colorado, and operates 19 branches throughout the United States.
Littlejohn & Co. is a Greenwich, Connecticut-based investment firm focused on private equity and debt investments in middle-market companies. With approximately $8 billion in regulatory assets under management, the firm seeks to build sustainable success for its portfolio companies through a disciplined approach to engineering change.
Core & Main is a U.S.-based specialized distributor of products with a focus on water, wastewater, storm drainage and fire protection products, and related services. Core & Main provides nationwide solutions to municipalities, private water companies, and professional contractors across municipal, nonresidential, and residential end markets. Based in St. Louis, Missouri, Core & Main employs more than 4,500 people across its headquarters and 320 locations.
Houlihan Lokey’s Specialty Distribution team has earned a reputation for working with premier specialty distributors, providing superior client service, and delivering outstanding results. This transaction highlights Houlihan Lokey’s continued success in advising market-leading distributors of mission-critical products to diverse, resilient end markets.
