Houlihan Lokey Healthcare Group Insights

Not the poster above but yes to both. I can’t think of a single analyst that has stayed for A2A or an associate that has stayed for any long period of time at least in the Dallas office which is where the group head sits. If I remember correctly it’s mostly healthcare services (like outpatient clinics, dentists offices, vision offices, that kind of stuff and I think they were trying to more healthcare device work). I believe they cross staff across offices so the fact you are in one city over another doesn’t really matter and deal teams will be mixed up with people across NY, Dallas, Chicago.

At one point was looking to lateral and had one connection basically tell me that whatever I do don’t join that group. He had some story that a friend joined as a lateral associate from a BB firm and he had warned him to not do it because of the hours and his friend was like come on I can handle it I work long hours now and then he ended up quitting like 3 months in to the gig.

The other quotes I heard from people were like Sunday’s are considered Monday’s and I didn’t get the vibe Saturday’s were largely respected.

the group is very busy and has good dealflow but doesn’t sound staffed correctly at the junior level. Another quote I remember is something along the lines that the healthcare team had the highest fee per banker / headcount group at the firm. Which I think was suppose to be a brag but all that reinforced for me was that they are consistently sweaty and understaffed.

Sounds like a good learning experience but just want to give fair warning that from my conversations it sounds like you be worked extremely hard and I wouldn’t plan to be on the team for an extended period of time