Strategic Considerations for Fairness Opinions: A Decision Framework
Introduction In today’s complex deal environment, boards and their advisors face increasingly nuanced decisions regarding whether an independent fairness opinion strengthens or actually complicates the transaction process. Market volatility, regulatory scrutiny, and evolving fiduciary standards have shifted the cost-benefit calculation around fairness opinions from a compliance exercise to a critical strategic governance decision. At Houlihan […]
Continuation Vehicles in Venture Capital: Unlocking Liquidity While Preserving Growth Potential
As venture capital firms navigate prolonged exit timelines and increasing liquidity demands from limited partners (LPs), continuation vehicles (CVs) are emerging as a critical solution. Once a niche instrument in private equity, CVs are now gaining traction in venture capital, particularly amid reduced IPOs, tepid M&A activity, and growing pressure to demonstrate liquidity. What Are […]
Quarterly Industry Report Updates are Available for Q2 2025
We are excited to share our quarterly industry report updates as of June 30, 2025. Topics discussed: Stats at a Glance Valuation Metrics M&A Activity Market Performance Macroeconomic Overview Click on the links below to access our reports: [siteorigin_widget class=”total_plus_icon_text”][/siteorigin_widget] [siteorigin_widget class=”total_plus_icon_text”][/siteorigin_widget] [siteorigin_widget class=”total_plus_icon_text”][/siteorigin_widget] [siteorigin_widget class=”total_plus_icon_text”][/siteorigin_widget] [siteorigin_widget class=”total_plus_icon_text”][/siteorigin_widget] [siteorigin_widget class=”total_plus_icon_text”][/siteorigin_widget] [siteorigin_widget class=”total_plus_icon_text”][/siteorigin_widget] [siteorigin_widget class=”total_plus_icon_text”][/siteorigin_widget] [siteorigin_widget […]
Houlihan Capital acted as the exclusive financial advisor to Advanced Compressor Technology, Inc.
Houlihan Capital acted as the exclusive financial advisor to Advanced Compressor Technology, Inc. (ACT), based in Batavia, IL, on its sale to Burckhardt Compression (Winterthur, Switzerland), a global leader in reciprocating compressor systems. Founded in 1991, ACT is a U.S.-based service company specializing in reciprocating equipment for the downstream market, with operations in Batavia, Illinois, […]
The State of Crypto Venture Capital in 2025
Insights from VeradiVerdict – Issue #337 (Paul Veradittakit, Aug 28, 2025) Record-Breaking Growth Crypto companies have already raised more than $16 billion year-to-date in 2025, with over 100 M&A deals announced—surpassing the total deal value of 2024 and positioning the industry for a historic year. This cycle is fundamentally stronger than past ones, driven by: Regulatory clarity in the U.S. […]