Summer 2027

Corporate Development Intern

Summer 2027

Updated on 8/5/2026

Houlihan Lokey

Houlihan Lokey

1,001-5,000 employees

Global advisory on M&A, restructuring, valuations

Compensation Overview

$25/hr

Company Does Not Provide H1B Sponsorship

Los Angeles, CA, USA + 1 more

More locations: New York, NY, USA

In Person

Category
Business & Strategy (1)
Required Skills
CRM
Financial analysis
Word/Pages/Docs
Salesforce
Investment Banking
Excel/Numbers/Sheets
Financial Modeling
PowerPoint/Keynote/Slides

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Requirements
  • Must be a junior or senior in a Bachelor's degree program, preferably in Finance, Accounting, or Economics.
  • Have a basic understanding of financial modeling and analysis commonly used in acquisition work and general knowledge of relevant accounting principles.
  • Possess strong written and verbal communication skills to work closely and frequently with senior management.
  • Have proficient skills with Excel and an understanding of PowerPoint and Word.
  • Have a strong work ethic and be a self-starter.
Responsibilities
  • Assist the Corporate Development team on a broad array of acquisition-related activities and other special projects.
  • Support origination efforts by developing acquisition target searches and profiles, conducting preliminary evaluations of industry participants for categorization and prioritization within the pipeline, and tracking pipeline activities and maintaining the CRM database, including extensive use of Salesforce and PitchBook.
  • Aid post-acquisition performance tracking by analyzing precedent transactions and creating reports shared with management and used during deal execution.
  • Develop and manage databases, processes, templates, and reports that improve efficiency and productivity for acquisitions and other strategic projects, including precedent transaction databases, acquisition target lists, and presentation templates.
Desired Qualifications
  • Previous professional internship experience is preferred.
  • A desire to pursue a career in investment banking or finance is preferred.

Houlihan Lokey provides advisory services in mergers and acquisitions, capital markets, financial restructuring, and valuation for clients globally. It operates through three main lines: Corporate Finance (M&A and capital markets advisory), Financial Restructuring (advising debtors and creditors in distressed situations), and Financial and Valuation Advisory (valuations and fairness opinions). The firm earns fees for advisory work rather than underwriting and emphasizes independent, specialized guidance with deep expertise in complex restructurings and valuations, supported by a broad global footprint. Its goal is to help clients maximize value and make sound financial decisions through objective, rigorous advice on mergers, financing, restructurings, and valuations.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Los Angeles, California

Founded

1972

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Simplify Jobs

Simplify's Take

What believers are saying

  • Corporate Finance revenue rose 14% in fiscal 2026, showing improving deal activity.
  • Financial and Valuation Advisory revenue rose 8% in fiscal 2026, supporting recurring mandate demand.
  • Financial Restructuring held nearly flat, positioning Houlihan Lokey for distress-driven upside.

What critics are saying

  • Q2 CY2026 revenue missed estimates by 16.3%, signaling weak fee conversion.
  • Technology and software disruption directly reduce Corporate Finance M&A and capital-markets fees.
  • Global M&A freezes hurt a fee-based model with no lending spread cushion.

What makes Houlihan Lokey unique

  • Advisory-only model avoids lending and trading balance-sheet risk.[1][7]
  • Three segments diversify revenue across M&A, restructuring, and valuation work.[1][2]
  • Founded in 1972, it built strong middle-market M&A volume leadership.[1][13]

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Benefits

Health Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Remote Work Options

Company News

Yahoo Finance
Jul 29th, 2026
Houlihan Lokey misses Q2 revenue estimates by 16.3%, stock drops

Houlihan Lokey missed Wall Street's revenue expectations in Q2 CY2026, with sales falling 15.6% year on year to $511 million. The investment banking firm's non-GAAP profit of $1.35 per share was 17.7% below analysts' consensus estimates of $1.64. The company's pre-tax profit reached $86 million, representing a 16.8% margin. Chief executive officer Scott Adelson attributed the results to ongoing headwinds in corporate finance, including instability in the Middle East and disruptions in the technology sector, particularly software. Adelson stated the headwinds are "temporary in nature" and do not represent a cyclical downturn. The company sees strong support for improved performance for the balance of the year but cannot predict when current challenges will subside.

MarketBeat
Jul 29th, 2026
Houlihan Lokey (NYSE:HLI) posts quarterly earnings results.

Houlihan Lokey (NYSE:HLI) posts quarterly earnings results. July 29, 2026 Key points. * Houlihan Lokey missed quarterly earnings expectations: Adjusted EPS was $1.35 versus the $1.64 consensus, while revenue fell amid a 24% year-over-year decline in Corporate Finance activity. Management attributed weaker results to delayed deal closings and market uncertainty. * Executives said the slowdown appears to be a temporary delay, citing record backlog, pipeline and mandate activity. Financial and Valuation Advisory revenue rose 13%, while restructuring activity remained strong due to energy-market volatility, private-credit dislocation and software-sector stress. * The company raised its quarterly dividend to $0.70 per share and expects to complete its acquisition of Intrepid Financial Partners by the end of the second fiscal quarter. Analysts maintain a "Moderate Buy" consensus with an average price target of $180.50, despite shares trading near $138.83. * MarketBeat previews the top five stocks to own by August 1st. Houlihan Lokey (NYSE:HLI - Get Free Report) announced its quarterly earnings results on Wednesday. The financial services provider reported $1.35 EPS for the quarter, missing the consensus estimate of $1.64 by ($0.29), Zacks reports. Houlihan Lokey had a net margin of 16.26% and a return on equity of 22.88%. Here are the key takeaways from Houlihan Lokey's conference call: * First-quarter results were weak: Revenue was $511 million and adjusted EPS was $1.35, with Corporate Finance revenue down 24% year over year to $303 million. Deal closings were delayed by geopolitical uncertainty, consumer-sector weakness, and disruption in software valuations, disproportionately affecting larger-fee transactions. * Management characterized the Corporate Finance slowdown as a temporary delay rather than a structural deterioration. Backlog, pipeline, and new mandate activity remain at record levels, but executives cautioned that persistent Middle East-related uncertainty makes the timing of a broader middle-market recovery difficult to predict. * Financial and Valuation Advisory revenue increased 13% to $89 million, supported by growth across all three service lines and strong large-cap activity. Financial Restructuring revenue was $119 million, and management expects elevated restructuring activity to continue amid energy-market volatility, private-credit dislocation, and software-sector stress. * Houlihan Lokey expects to close its acquisition of energy-sector investment bank Intrepid Financial Partners by the end of the second fiscal quarter, adding 32 employees. The company also reported a robust acquisition and senior-talent pipeline and said it remains committed to strategic expansion despite near-term revenue pressure. Houlihan Lokey price performance. Shares of HLI traded down $6.64 during mid-day trading on Wednesday, hitting $138.83. The company's stock had a trading volume of 870,278 shares, compared to its average volume of 676,851. The firm has a 50-day moving average price of $140.59 and a 200 day moving average price of $153.00. Houlihan Lokey has a fifty-two week low of $130.72 and a fifty-two week high of $211.78. The stock has a market capitalization of $9.59 billion, a price-to-earnings ratio of 22.32, a PEG ratio of 1.20 and a beta of 0.95. Houlihan Lokey increases dividend. The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were given a dividend of $0.70 per share. This is a positive change from Houlihan Lokey's previous quarterly dividend of $0.60. The ex-dividend date was Monday, June 1st. This represents a $2.80 annualized dividend and a dividend yield of 2.0%. Houlihan Lokey's payout ratio is 45.02%. Wall Street analyst weigh in. HLI has been the subject of a number of recent analyst reports. Weiss Ratings reissued a "hold (c)" rating on shares of Houlihan Lokey in a report on Friday, July 17th. US Capital Advisors set a $187.00 price target on Houlihan Lokey in a research note on Thursday, July 9th. Keefe, Bruyette & Woods lowered their price target on Houlihan Lokey from $172.00 to $160.00 and set an "outperform" rating on the stock in a report on Friday, July 10th. Bank of America began coverage on shares of Houlihan Lokey in a research note on Friday, July 10th. They set a "buy" rating and a $164.00 price objective on the stock. Finally, The Goldman Sachs Group set a $164.00 price objective on shares of Houlihan Lokey in a report on Friday, July 10th. Five investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. According to data from MarketBeat, Houlihan Lokey presently has a consensus rating of "Moderate Buy" and a consensus target price of $180.50. Discover more Dividend Screener Tool Cryptocurrency News Insider activity at Houlihan Lokey. In other news, Chairman Scott L. Beiser sold 6,265 shares of the firm's stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $150.26, for a total transaction of $941,378.90. Following the completion of the sale, the chairman directly owned 6,265 shares of the company's stock, valued at $941,378.90. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 22.83% of the company's stock. Institutional investors weigh in on Houlihan Lokey. Institutional investors and hedge funds have recently modified their holdings of the stock. Royal Bank of Canada increased its stake in Houlihan Lokey by 362.1% in the 4th quarter. Royal Bank of Canada now owns 1,703,369 shares of the financial services provider's stock worth $296,706,000 after purchasing an additional 1,334,769 shares in the last quarter. Bank of Montreal Can lifted its stake in Houlihan Lokey by 2,723.2% during the fourth quarter. Bank of Montreal Can now owns 1,199,459 shares of the financial services provider's stock valued at $208,934,000 after buying an additional 1,156,973 shares in the last quarter. Qube Research & Technologies Ltd boosted its holdings in shares of Houlihan Lokey by 153.8% in the second quarter. Qube Research & Technologies Ltd now owns 274,387 shares of the financial services provider's stock worth $49,376,000 after buying an additional 166,285 shares during the period. AQR Capital Management LLC lifted its position in shares of Houlihan Lokey by 62.2% in the fourth quarter. AQR Capital Management LLC now owns 379,478 shares of the financial services provider's stock worth $66,101,000 after purchasing an additional 145,454 shares in the last quarter. Finally, Caisse de depot et placement du Quebec grew its position in Houlihan Lokey by 411.1% during the third quarter. Caisse de depot et placement du Quebec now owns 170,617 shares of the financial services provider's stock valued at $35,031,000 after purchasing an additional 137,237 shares in the last quarter. 78.07% of the stock is owned by institutional investors and hedge funds. About Houlihan Lokey. Houlihan Lokey, Inc is a global investment bank and financial services firm founded in 1972 and headquartered in Los Angeles, California. The company specializes in advisory services across a broad range of transaction types and financial matters. Since its founding, Houlihan Lokey has grown to serve corporations, financial sponsors, and government entities worldwide, providing expertise in complex and high-stakes engagements. The firm's core service offerings include mergers and acquisitions advisory, capital markets advisory, financial restructuring and distressed M&A, and valuation and fairness opinions. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Houlihan Lokey, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Houlihan Lokey wasn't on the list. While Houlihan Lokey currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2026. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.

The Current Sauce
Jul 27th, 2026
Advisers tapped for distressed cloud tech company Dye & Durham.

Advisers tapped for distressed cloud tech company Dye & Durham. * Tech * July 27, 2026 * 0 Comments The lenders of Dye & Durham Ltd. have enlisted the services of Houlihan Lokey Inc. as their financial adviser, as the software company's capital position is facing heightened scrutiny. This decision was made by individuals who are knowledgeable about the situation. Houlihan Lokey Inc. is a reputable financial advisory firm known for providing expert guidance on matters related to capital and finance. By hiring them, the lenders of Dye & Durham Ltd. are seeking valuable insights and recommendations to navigate the current challenges facing the software company's financial standing. The decision to bring in outside expertise reflects the lenders' commitment to ensuring the stability and success of Dye & Durham Ltd. in the face of increasing scrutiny surrounding its capital position. By partnering with a trusted financial adviser like Houlihan Lokey Inc., the lenders are demonstrating their proactive approach to addressing any potential issues and safeguarding the company's financial health. Houlihan Lokey Inc. will work closely with the lenders of Dye & Durham Ltd. to assess the company's current financial situation, identify any areas of concern, and develop a strategic plan to strengthen its capital position. Their expertise and experience in financial advisory services will be instrumental in guiding the lenders through this challenging period and positioning Dye & Durham Ltd. for long-term success. Overall, the decision to hire Houlihan Lokey Inc. as financial adviser underscores the lenders' commitment to supporting Dye & Durham Ltd. and ensuring its financial stability in the face of increasing scrutiny. By leveraging the expertise of a reputable financial advisory firm, the lenders are taking proactive steps to address any financial challenges and position the software company for sustainable growth and success in the future. SOURCE * Tech * July 27, 2026 * 2 views Angola raises $321 million in country's largest IPO. Angola has successfully raised 300.3 billion kwanzas ($321 million) through the sale of a 15% share in its state-owned mobile operator Unitel SA. This move represents the largest initial public... * Tech * July 27, 2026 * 6 views Nvidia joins open source AI alliance amidst security concerns. The company is committed to providing ongoing support for AI systems that are available for use by others at no cost, amidst ongoing discussions about the utilization of technology developed...

Seeking Alpha
Jul 17th, 2026
Goldman tops H1 M&A deal value rankings; Morgan Stanley, JPM follow.

Goldman tops H1 M&A deal value rankings; Morgan Stanley, JPM follow. Goldman Sachs (GS) and Houlihan Lokey secured the top spots as the leading mergers and acquisitions (M&A) financial advisers by value and volume, respectively, in the first half of 2026, according to GlobalData's latest league table. Based on its financial Fresh Stock Ideas, Every Day Explore diverse investing perspectives with daily analysis from experts across the market.

Yahoo Finance
Jul 9th, 2026
Houlihan Lokey hires Dan Buffery to lead GP-led secondaries after $38B in deals

Houlihan Lokey has appointed Dan Buffery as managing director in its Capital Solutions Group, where he will lead the North American GP-led secondaries advisory practice within Equity Capital Solutions. Buffery joins from HarbourVest Partners, where he spent nearly 10 years as a managing director in its Infrastructure and Real Assets Group, leading GP- and LP-led secondaries investments. Prior to HarbourVest, Buffery worked for 10 years at OPTrust as director in the Private Equity and Infrastructure Group. Houlihan Lokey's Capital Solutions Group has more than 200 professionals across 18 offices in eight countries. Over the past 12 months, the group raised and advised on over $38 billion across more than 140 transactions.