Houlihan Lokey to buy Quayle Munro for data analytics drive
Los Angeles-based investment bank Houlihan Lokey will acquire UK independent advisory firm Quayle Munro as it plans to grab a slice of the data and analytics action.
The bank says the Quayle Munro business expands its financial institutions focus in Europe, and “builds the firm’s presence” in fintech and education.
Scott Beiser, CEO of Houlihan Lokey, says data and analytics have become “virtually ubiquitous”, and their “importance in analysing trends, enhancing productivity, and growing one’s business cannot be overstated”.
Houlihan Lokey’s Data & Analytics Group will continue to be headed by Andrew Adams, Quayle Munro’s CEO, who will also serve as co-head of Houlihan Lokey’s UK corporate finance business.
The agreement is expected to close following regulatory approvals. Financial details were not disclosed.
Quayle Munro was founded in 1983 and is based in London with a team of 40 staff. Recent transactions by Quayle Munro include advising on UK-based challenger bank Starling’s £40 million funding quest; and Marlin Bidco on its £860 million cash offer for Shawbrook Bank.
Houlihan Lokey, which was established in 1972, has offices in the US, Europe, the Middle East and the Asia-Pacific region.
