Houlihan Lokey Adds Experienced Senior Banker to Financial Technology Group
November 06 2023 - 8:30AM
Business Wire
Kartik Sudeep Joins as a Managing Director to Lead Payments
Coverage in FinTech
Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank,
announced today that Kartik Sudeep has joined the firm as a
Managing Director in its FinTech Group. Mr. Sudeep is based in New
York and will lead and build upon the firm’s payments coverage
efforts within FinTech.
Mr. Sudeep joins from Moelis & Company, where he was a
Managing Director and senior coverage officer for FinTech, advising
corporates and financial sponsors on a range of M&A and
financing transactions across the payments sector. Prior to Moelis,
he held roles in Jefferies’ Technology Investment Banking Group,
including as a senior coverage officer for the financial
technology, payments, and software sectors.
“The payments sector is probably the largest segment within the
FinTech landscape, with pure-play payments companies in addition to
many software companies adding extensive payments capabilities to
their core businesses. Kartik’s deep sector expertise will help
guide our global client base and build on the long track record of
success Houlihan Lokey has achieved in the payments sector. This
expertise, alongside his steadfast client focus, together represent
an outstanding fit with our corporate culture. We’re delighted he
has joined the firm to lead our payments practice,” said Alec
Ellison, Houlihan Lokey’s Global Head of FinTech.
“Houlihan Lokey’s combination of sector knowledge, private
capital financing expertise, and depth of financial sponsor
relationships is a compelling value proposition, and I’m excited to
deliver the numerous benefits of this platform to our payments
clients as they navigate the opportunities in today’s markets. I
look forward to partnering with my colleagues at Houlihan Lokey to
lead and grow the firm’s payments coverage capabilities and
continue its long track record of success in FinTech,” said Mr.
Sudeep.
Houlihan Lokey’s FinTech Group combines deep end-market
expertise, transaction experience, and market relationships to
deliver superior outcomes for clients across the financial
technology landscape. In 2022, the firm was the most active
investment banking M&A advisor for all global financial
technology transactions with 48 deals, according to PitchBook
Data.
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 global
M&A transactions under $1 billion, the No. 1 M&A advisor
for the past eight consecutive years in the U.S., the No. 1 global
restructuring advisor for the past nine 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 Refinitiv.
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