
Corporate finance: Houlihan Lokey buys Quayle Munro
Investment bank Houlihan Lokey has acquired London-based corporate finance boutique Quayle Munro.
The sale agreement was inked in recent days and is expected to close following regulatory approvals.
Quayle Munro was founded in 1983 and is based in London with a team of 40 financial professionals. Its client list includes private and publicly listed companies, financial sponsors, and entrepreneurs.
Meanwhile, New York-listed Houlihan Lokey is a global investment bank with offices in the US, Europe, the Middle East and the Asia-Pacific region.
Houlihan Lokey expects the acquisition will develop its focus on financial institutions in Europe, and bolster its presence in the financial technology and education sectors.
Last year, Quayle Munro advised BC Partners and existing investor Pollen Street Capital on their £860m bid for Shawbrook. Outside the UK, it also worked on Five Arrows Principal Investment's acquisition of Dutch insurance services business Voogd & Voogd from Bencis Capital Partners.
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