Law firm Hill Dickinson has advised leading valuations and analytics company Prytania Solutions Limited (PSL) on sale of the business to global investment bank, Houlihan Lokey, Inc.
Headquartered in London, PSL, which was founded as a spin-out from Prytania Investment Advisors in 2016, caters primarily to banking and asset management clients and also provides specialised services to insurance companies, central banks, financial data platforms and other collateral financing desks.
Acquisition of the business by Houlihan Lokey will give PSL a strong platform from which to accelerate geographic expansion and roll out new products, while enhancing the capabilities and global reach of Houlihan Lokey’s Portfolio Valuation and Fund Advisory practices.
Jon Gillow, corporate partner in Hill Dickinson’s Manchester office, led on the provision of legal advice to PSL, assisted by legal director James Redshaw and corporate associate, Rachel Faulconbridge.
This deal marks a significant step for PSL. Being bought by Houlihan Lokey is a huge vote of confidence in the value that PSL’s innovative technology-driven solutions will add to Houlihan Lokey’s globally respected Portfolio Valuation team. The deal has come at the perfect times for both parties and we look forward to seeing how they grow their combined financial valuation services offering together.Jon Gillow
Corporate Partner
Commenting on the deal, Jon Gillow said: “This deal marks a significant step for PSL. Being bought by Houlihan Lokey is a huge vote of confidence in the value that PSL’s innovative technology-driven solutions will add to Houlihan Lokey’s globally respected Portfolio Valuation team. The deal has come at the perfect times for both parties and we look forward to seeing how they grow their combined financial valuation services offering together.”