Squire Patton Boggs has acted for the senior executive team and employee shareholders of QM Advisory Limited, the parent company of Quayle Munro Limited (Quayle Munro), in the sale of 100% of the issued share capital of Quayle Munro to a subsidiary of Houlihan Lokey, Inc. (NYSE:HLI). The transaction is conditional on FCA approval.

Founded in 1983 Quayle Munro is an independent advisory firm based in London that provides corporate finance advisory services, underpinned by data and analytics, content, software and services, to private and publicly listed companies, financial sponsors and entrepreneurs.

Houlihan Lokey is a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, valuation and strategic consulting. The firm serves corporations, institutions, and governments worldwide with offices in the US, Europe, the Middle East and the Asia Pacific region.

Andrew Adams, CEO of Quayle Munro, said: “In addition to its comprehensive global presence, extensive private equity coverage, and broad sector expertise, Houlihan Lokey possesses a strong cultural compatibility with the Quayle Munro team that will ensure both a smooth, successful integration and rapid value enhancement for clients of both firms. We could not be more excited to build out this new industry group and further grow the firm’s client base across data and analytics, financial institutions, financial technology and education, with the additional resources and the global presence of Houlihan Lokey. The executive team at Quayle Munro was delighted to be advised by Squire Patton Boggs on the transaction, particularly having worked alongside them as co-advisors on many deals in the past.”

The team advising QM Advisory Limited was led by London Corporate partner Nick Allen and senior associate Julian Ciecierski-Burns and involved lawyers from the Corporate, Tax Strategy & Benefits, Labour & Employment, Financial Services and Pensions practices in the firm’s London and Cleveland, Ohio offices.