Houlihan Lokey Grows Consumer Health Coverage Capabilities With Experienced Hire

Riccardo Cazzoli Joins Consumer Group as a Managing Director

Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Riccardo Cazzoli has joined the Consumer Group as a Managing Director, focused on the firm's consumer health efforts. He is based in New York.

Mr. Cazzoli joins from Lincoln International, where he was a Managing Director and Head of Consumer Healthcare, responsible for M&A and financing transactions for clients in the OTC, VMS, medical nutrition, and personal care sectors. His prior experience also includes roles at Sawaya Partners, where he was a Managing Director in the Consumer Group with a focus on the health and wellness sector, and at Barclays/Lehman Brothers, where he worked in the Global Consumer Group in New York and London, focusing on clients in the consumer healthcare sector.

"As we continue toward our goal of delivering to our clients the deepest and best sector expertise, we seek individuals who both possess that depth of expertise and embody the most valuable elements of our culture," said Tim Larsen, Global Co-Head of Houlihan Lokey's Consumer Group. "Riccardo's track record, sector knowledge, market relationships, and consistency with our desired culture position him to be an outstanding leader in our firm's consumer health effort and in our Consumer Group generally. We are confident that he will add to the superior client service for which Houlihan Lokey is known around the world."

"I am excited to join the team at Houlihan Lokey and contribute to its outstanding track record of success. The firm's reputation for excellence, global footprint, and market relationships make for a uniquely compelling opportunity. I look forward to partnering with my colleagues in the Consumer Group and delivering the superior advice that Houlihan Lokey's clients expect," said Mr. Cazzoli.

Mr. Cazzoli holds an MBA from the Wharton School at the University of Pennsylvania and an M.S. in Mechanical Engineering from the University of Bologna.

With nearly 130 financial professionals worldwide, Houlihan Lokey's Consumer Group has earned a global reputation for providing superior service and achieving outstanding results in M&A advisory, capital-raising, restructuring, and financial and valuation advisory services. In 2023, Houlihan Lokey was ranked as the No. 1 investment bank for global consumer transactions under $1 billion, with 50 deals, according to LSEG (formerly Refinitiv).*

*Excludes accounting firms and brokers.

About Houlihan Lokey

Houlihan Lokey, Inc. (NYSE:HLI) is a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and financial and valuation advisory. Houlihan Lokey serves corporations, institutions, and governments worldwide with offices in the Americas, Europe, the Middle East, and the Asia-Pacific region. Independent advice and intellectual rigor are hallmarks of the firm's commitment to client success across its advisory services. The firm is the No. 1 investment bank for all global M&A transactions, the No. 1 M&A advisor for the past nine consecutive years in the U.S., the No. 1 global restructuring advisor for the past ten consecutive years, and the No. 1 global M&A fairness opinion advisor over the past 25 years, all based on number of transactions and according to data provided by LSEG (formerly Refinitiv).

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