Daily News: September 16, 2014

Stefanowski Joins Houlihan Lokey’s Valuations Practice

Houlihan Lokey announced that Tomasz Stefanowski joined the firm as a managing director in its New York Tax and Financial Reporting Valuation Services practice within Financial Advisory Services.

Stefanowski joins from Duff & Phelps, where he held a number of roles over the past 13 years, most recently as a managing director in the firm’s Valuation Advisory Services group. During that time, he worked on a range of valuation issues for both financial sponsors and corporates including business enterprise valuation, goodwill impairment, capital structure and legal entity valuation, and private equity mark-to-market assignments. Stefanowski began his career in 1997 in PwC’s Corporate Value Consulting group.

Stefanowski’s appointment closely follows the addition of Gregory Manos, a Director from Alvarez & Marsal, to the firm’s TFR practice in Los Angeles last month. “We continue to see strong demand for comprehensive, independent valuation expertise from both our private equity and corporate clients around the world,” said Jack Berka, global head of FAS. “We’re delighted that Tomasz has joined the firm and we’re confident that he will help substantially grow Houlihan Lokey’s TFR practice in New York.”

“As market dynamics and regulatory changes put increasing pressure on corporations and private equity funds to understand the value of their businesses and assets, a trusted valuation professional is more essential than ever,” said Stefanowski. “I’m excited to have joined Houlihan Lokey, and I look forward to working with my colleagues to deliver this critical service to our exceptional client base,” he added.