NEW YORK–(BUSINESS WIRE)–Houlihan Lokey (NYSE:HLI), the global investment bank, today announced that Joel Simkins has joined the company’s Technology Group as a Managing Director covering the gaming business. He is based in New York.
“We are delighted to add Joel to our market-leading technology group. His deep industry knowledge, market connections and rare success in advising selling and buying clients are all exceptional,” said Phil Adams, Global Head of Technology Group at Houlihan Lokey. “These qualities, coupled with his commitment to customer service, mentorship and leadership, make Joel a great fit for Houlihan Lokey’s corporate culture. We have no doubt that his experience and expertise will be of significant benefit to the successes of our technology clients and to the continued growth of our gaming coverage capabilities, especially as the industry continues its rapid evolution towards a world more digital.
Mr. Simkins joins Truist Securities, where he was Managing Director and Head of Gaming and Hobby Investment Banking. Prior to Truist, he was Director and Principal Research Analyst for Gaming and Hobby Equities at Credit Suisse. His previous experience includes positions at Macquarie Capital and Deutsche Bank, all in the gaming, hospitality and leisure industries.
“I am thrilled to be part of the largest and most active technology group in investment banking, especially during such an active and dynamically evolving time in the gaming technology industry. Houlihan Lokey is well positioned to serve as a trusted advisor to the industry given its global capabilities, especially as sports betting and online digital ecosystems have grown into significant businesses in the United States over the past two years,” said said Mr. Simkins “We are in the very early innings of the adoption of these technologies, and the industry will eventually mature in much the same way that physical gaming has over the past two decades, but at a speed much faster. I look forward to leveraging Houlihan Lokey’s wide range of products and services to help our customers achieve superior results, and I look forward to continuing the success Houlihan Lokey has achieved in the industry to date,” said Mr Simkins.
Mr. Simkins holds a BBA in Banking and Finance with highest honors from Hofstra University, where he serves on the business school’s advisory board. He also sits on the advisory board of Protect Our Winters, a leading climate advocacy organization.
With 200 finance professionals globally, Houlihan Lokey’s Technology Group has earned a global reputation for providing superior service and achieving exceptional results in M&A advisory, capital raising, restructuring and Evaluation. Its clients range from start-ups and mid-sized companies to large publicly traded companies. In 2021, Houlihan Lokey was ranked the top investment bank for all global tech deals, with 124 deals, according to Refinitiv.
About Houlihan Lokey
Houlihan Lokey (NYSE: HLI) is a global investment bank specializing in mergers and acquisitions, capital markets, financial restructuring and valuation. The company serves businesses, institutions and governments around the world with offices in the United States, Europe, the Middle East and the Asia-Pacific region. Independent advice and intellectual rigor are hallmarks of the firm’s commitment to client success in all of its advisory services. Houlihan Lokey is the No. 1 investment bank for all global M&A transactions, No. 1 M&A adviser for the past seven consecutive years in the United States, No. 1 global restructuring adviser for the past eight years and the No. 1 global M&A fairness opinion advisor over the past 20 years, all based on number of deals and according to data provided by Refinitiv.