Mid-market investment bank Houlihan Lokey’s revenue jumped 24% in the final three months of 2024 as dealmaking fees bounced back last year.

The US-headquartered investment bank posted revenue of $634.4m for the three months to 31 December, which is its third quarter in the fiscal year 2025. This is a 24% rise, fuelled by a surge in corporate finance fees, which hit $421.6m — a jump of 36%.