Houlihan Capital acted as financial advisor and provided a Fairness Opinion to Avalon Acquisition Inc.
Houlihan Capital acted as financial advisor and provided a Fairness Opinion to Avalon Acquisition Inc. (“Avalon”), a publicly traded special purpose acquisition company. Avalon announced that at a stockholder special meeting held on June 6, 2023, Avalon’s stockholders voted to approve its proposed business combination with The Beneficient Company Group, L.P., a technology-enabled platform providing […]
Quarterly Industry Report Updates are Available for Q1 2023
Houlihan Capital provides Quarterly Updates on the following industries as of March 31, 2023. Information includes valuation metrics, performance data and M&A activity. Click on the following links below to access reports for the following industries: Aerospace, Defense & Government Asset Management Banking Building Products Business Services Cannabis Chemicals Consumer Products Containers, Packaging and Paper […]
FASB’s Proposed Updates to GAAP Financial Reporting Taxonomy related to ASU on Crypto Assets
On March 23, 2023, The Financial Accounting Standards Board (“FASB”) issued proposed updates to the U.S. Generally Accepted Accounting Principles (GAAP) Financial Reporting Taxonomy related to a Proposed Accounting Standards Update (“ASU”) on Intangibles—Goodwill and Other—Crypto Assets. (1) The proposed updates would create Subtopic 350-60 of U.S. GAAP, and it would apply to all entities […]
Houlihan Capital acted as the exclusive financial advisor on the sale of Auburn Heating, Plumbing & Air Conditioning
Houlihan Capital’s Investment Banking group is pleased to announce the following transaction: Date: April 2023 Client: Auburn Heating Sector: Supply Chain, Construction, & Facility Services Industry: Residential & Commercial HVAC Houlihan Capital (Chicago, IL) acted as the exclusive financial advisor on the sale of Go Green Heating, Air Conditioning, Indoor Air Quality, Inc. (d/b/a Auburn […]
The SEC’s Division of Examinations Announces 2023 Exam Priorities
The SEC’s Division of Examinations (the “DOE”) has announced its 2023 examination priorities. The annual report provides insights into the Division’s risk-based approach, including the areas it believes present potential risks to investors and the integrity of U.S. capital markets. Valuation was discussed in the following sections: Investment Company Act Fair Valuation Rule 2a-5 The […]