运输和物流市场更新

Q4 2024 Houlihan Lokey, Inc. (NYSE:HLI) is a leading global investment bank with expertise in mergers andacquisitions, capital markets, financial restructuring, and financial and valuation advisory.Our firm is the trusted advisor to more top decision-makers than any other independent global investment bank.LeadingCapital Markets AdvisorCORPORATE FINANCENo. 1Global M&A AdvisorAbout Our Firm22024 M&A Advisory RankingsAll Global TransactionsAdvisorSource: LSEG (formerly Refinitiv).Excludes accounting firms and brokers. No. 1Global Restructuring AdvisorFINANCIAL RESTRUCTURINGNo. 1Global M&A Fairness OpinionAdvisor Over the Past 25 YearsFINANCIAL AND VALUATION ADVISORY1,800+Transactions Completed Valued atMore Than $3.8 Trillion Collectively2,000+Annual Valuation Engagements2000–2024 Global M&AFairness Advisory RankingsAdvisorSource:LSEG (formerly Refinitiv).Announced or completed transactions.2024 Global Distressed Debt &Bankruptcy Restructuring RankingsDealsAdvisor88HoulihanLokey159PJT Partners Inc248Rothschild & Co344Lazard440Perella Weinberg Partners LP5Source: LSEG (formerly Refinitiv).Deals415HoulihanLokey1406Rothschild & Co2371Goldman Sachs & Co3342JP Morgan4309Morgan Stanley5 Learn more about howour advisors can serveyour needs:Corporate FinanceFinancial andValuation AdvisoryFinancial RestructuringOur Industry Coverage 29Senior officers dedicated tothe sponsor community in theAmericas and Europe.1,300+Sponsors covered, providingmarket insights and knowledgeof buyer behavior.800+Companies sold to financialsponsors over the past five years.Fully Integrated FinancialSponsor Coverage Our clientsbenefit fromour local presenceand global reach.AMERICASAtlantaLos AngelesBaltimoreMiamiBostonMinneapolisCharlotteNew YorkChicagoSan FranciscoDallasSão PauloHoustonWashington, D.C.(1)As of December 31, 2024.(2)As of January 31, 2025.(3)LTM ended December 31, 2024.36LocationsWorldwide~2,000Total FinancialProfessionals3 AboutOur Business Services Industry Group4Featured BusinessServices IndustryTransactionsHoulihan Lokey’s Business Services Group combines extensive industryrelationships with substantial experience to offer a broad array of M&A,corporate finance, restructuring, and financial and valuation advisoryservices to the business services industry.Business ServicesIndustry CoverageBased on number of transactions andaccording to data provided by LSEG(formerly Refinitiv), Houlihan Lokey wasranked theNo. 1investment bank for all global businessservices M&A transactions.Tombstones included herein represent transactions closed from 2022 forward.2024 M&A Advisory RankingsAll Global Business Services TransactionsDealsAdvisor86HoulihanLokey162Rothschild & Co254Goldman Sachs & Co349Benchmark International446JP Morgan5Source: LSEG (formerly Refinitiv).Excludes accounting firms and brokers. We cover a broad array of sectors, with financial professionalsdedicated to each of our primary coverage areas.MarketingServicesEngineering andInfrastructureFacility andResidential ServicesIT ServicesBPOServicesEquipment-as-a-ServiceSpecialty Consultingand Risk ServicesTransportationand LogisticsTesting, Inspection,Certification, andComplianceIndustry Sector Coverage 170+DedicatedBusinessServicesFinancialProfessionals86CompletedBusinessServicesM&A/PrivatePlacementTransactionsin CY24Key Factsand Figures Training andEducationEnvironmentalServicesHCMServicesPharmaCommercialization Burke SmithManaging DirectorBurke.Smith@HL.com+1 212.497.4118Philip Keffer, CFADirectorPKeffer@HL.com+1 212.497.7851Nathan FeldmanVice PresidentNathan.Feldman@HL.com+1 212.497.4269Please reach out to us to schedule a call todiscuss this quarter’s market update or toexplore how we can serve your business needs.U.S.LeadershipContact Us Aviation andRelated ServicesFour Walls Logistics(Warehousing,Fulfillment, etc.)FreightBrokerageFreightForwardingMarine Transportationand ServicesSubsectorCoverage Ryosuke KatoManaging DirectorRyosuke.Kato@HL.com+81 80 5904 0729Request a MeetingLearn More About UsInternationalLeadership AboutOur Transportation and Logistics Team5Featured TransactionsThe transportation and logistics (T&L) sector operates within Houlihan Lokey’sBusiness Services Group, which has earned a reputation for providing superiorservice and achieving outstanding results in M&A advisory, capital raising,restructuring, and financial and valuation advisory services.Our clients run the gamut from early-stage businesses and midsized companies to large,market-leading corporations. We understand that an industry driven by innovation andchange requires the sophistication of an advisor who can think ahead of the market andutilize solid industry relationships to help advance your vision. We optimize client outcomesby running well-executed, competitive processes, focusing on deep domain knowledge toposition for synergy and scarcity value, and leveraging our world-class strategic and privateequity access to bring the right senior decision-makers to the negotiatio