International investment bank Houlihan Lokey soldiers on for mergers on the economic front. The firm provides advisory services for primarily mid-market companies involved in M&A deals and corporate restructurings, including the sale of distressed assets and other turnaround situations. Houlihan Lokey also raises private and public equity for midsized private and small-cap public companies. The company is among the top M&A advisors in the US, especially for deals valued at less than $1 billion. Houlihan Lokey operates about 15 offices in the US, Europe, and Asia. Founded in 1972, Houlihan Lokey is majority-owned by Japanese financial services company ORIX; employees own the rest of the firm.