Houlihan Lokey is an investment bank specializing in mergers and acquisitions, capital markets, financial restructuring, and financial and valuation advisory. It operates through three segments: Corporate Finance, Financial Restructuring, and Financial and Valuation Advisory. The Corporate Finance segment providers mergers, acquisitions, divestitures, and other related advisory services, as well as financing solutions and capital-raising advisory services. The Financial Restructuring segment offers advisory services focusing on international and multi-jurisdictional restructurings. The Financial and Valuation Advisory segment delivers fund, corporate valuation, transaction, and real estate advisory services, as well as portfolio valuation, transaction opinions, dispute resolution consulting, and real estate valuation offerings.