Record Revenue Growth
Revenues for the quarter reached $575 million, marking a 23% increase from the same period last year.
Corporate Finance Performance
Corporate Finance generated $364 million in revenues, a 29% increase over the previous year's second quarter.
Financial Restructuring Growth
Financial Restructuring revenues were $132 million for the quarter, up 15% compared to the same period last year.
Financial and Valuation Advisory Increase
The segment produced $79 million in revenue, representing a 12% increase compared to the same period last year.
Successful Acquisitions
Closed the acquisition of Prytania Solutions, expanding the Financial and Valuation Advisory business, and announced the acquisition of Waller Helms, enhancing the company's presence in insurance and wealth management sectors.
Strong Capital Markets Performance
The capital markets business, particularly private capital, performed well, supported by the integration of the Triago acquisition.