CHICAGO, Aug. 12, 2014 (GLOBE NEWSWIRE) -- Houlihan Lokey, the international investment bank, today announced that it has made a strategic investment in Bridge Strategy Group (Bridge), a Chicago, Illinois-based management consulting firm focused on strategy, operations, and performance improvement. Terms of the investment were not disclosed.

Bridge, founded in 1998 by alumni of McKinsey & Co., works with boards, senior management teams, and financial sponsors to address critical issues that often require a unique blend of strategic, operational, organizational, and technology solutions. The firm focuses on serving large- and mid-cap corporates as well as financial sponsors, with particular expertise in the Industrials, Healthcare, Energy, Financial Services, and Technology industries. Bridge's experts work alongside clients to design actionable strategies, differentiating themselves by remaining closely involved throughout implementation to achieve superior, tangible results.

"Houlihan Lokey's clients are constantly looking for unique strategies to increase shareholder value beyond traditional investment banking solutions. We have been providing valuation-related consulting services for four decades, and as a result of this transaction we will be able to offer strategic and operational consulting solutions to clients as well," said Scott Beiser, CEO of Houlihan Lokey. "Bridge's vast experience and deep expertise across a wide swath of industry value chains led us to conclude that a strategic investment in Bridge will enable us to provide our corporate and financial sponsor relationships with access to top-tier management consulting services."

"We're delighted that Houlihan Lokey has expressed confidence in our consulting approach and recognizes the potential to deliver an additional dimension of business expertise to its corporate and financial sponsor relationships," said Bridge CEO Steve Sheridan. "Similarly, we are confident that our clients will benefit tremendously from this relationship by virtue of Houlihan Lokey's exceptional expertise in a range of investment banking services and industry sectors. It is our goal to help clients of both firms grow profitably, manage change successfully, and ultimately better serve their own customers."

About Houlihan Lokey

Houlihan Lokey is an international investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and valuation. The firm serves corporations, institutions, and governments worldwide with offices in the United States, Europe, and Asia. Independent advice and intellectual rigor are hallmarks of our commitment to client success across our advisory services. Houlihan Lokey is ranked as the No. 1 M &A advisor for U.S. transactions under $3 billion, the No. 1 global restructuring advisor, and the No. 1 M &A fairness opinion advisor for U.S. transactions over the past 10 years, according to Thomson Reuters. For more information, please visit www.HL.com.

About Bridge Strategy Group

Bridge Strategy Group, founded in Chicago in 1998, is an experience-led management consultancy committed to helping clients rapidly improve business performance. Bridge's unique strategy emphasizes active partner involvement, deployment of experienced teams, and structuring work and relationships to successfully apply strategic, operational, organizational, and technological solutions to our clients' most critical management issues. Hands-on expertise and a practical problem-solving approach enable us to attain tangible results for our clients. Since its inception, Bridge has been recognized by numerous industry publications and analysts for its outstanding business model and track record of success.

For press inquiries, contact John Gallagher at 212.497.4220.

CONTACT: John Gallagher 212.497.4220Source:Houlihan Lokey Howard& Zukin