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Houlihan Lokey Buys MESA for Media M&A, Adding Mark Patricof

Houlihan Lokey, the independent merger-advisory firm preparing for an initial public offering, purchased MESA Securities to expand its entertainment and media business.

Mark Patricof, a MESA co-founder, will become a co-head of Houlihan’s technology, media and telecommunications business, the Los Angeles-based firm said in a statement Monday that didn’t disclose terms.