Mr. Purcell is a Senior Managing Director in Houlihan Lokey’s London office. As the Head of International Financial Advisory Services, he manages valuation, financial advisory, and opinion services for clients involved in domestic and cross-border transactions. He has more than two decades of experience in the financial services and advisory industry, has been involved in providing fairness and solvency (capital adequacy) opinions on numerous U.S. and European transactions, and has technical expertise on financial due diligence, strategic business valuation, financial restructurings and divestitures.
Mr. Purcell has significant experience with the valuation of securitized vehicles and structured investment vehicles (SIVs), and has advised numerous hedge fund and private equity sponsors on the valuation of their portfolio assets. He has structured, negotiated and closed complex financial and capital transactions in many industries, including transportation, financial services, telecommunications, energy, aviation, consumer products and industrial products.
Mr. Purcell has taught business valuation of privately held companies at Northwestern University and is a frequent speaker on valuation, capital markets and other financial issues.
Mr. Purcell holds a bachelor’s degree in economics and finance from the University of Florida and earned his M.B.A., with concentrations in finance and statistics, from the University of Chicago. He is a member of the Institute of Directors (IoD), the Confederation of British Industry (CBI) and the Association of Corporate Growth (ACG). He is also a member of the Valuation Special Interest Group of the Institute of Chartered Accountants in England & Wales (ICAEW), the Society of Share and Business Valuers and the Business Valuation Association. He is an approved person registered with the U.K.’s Financial Services Authority (FSA), and in the United States he is registered with FINRA as a General Securities Representative (Series 7 and 63) and a Limited Representative – Investment Banking (Series 79).
Stock moves up aggressively on a down day, they seem to be kicking the legal daylights out of a handful multi-billion dollar corporations all who need their patents, another few hundred large corporations might also want them or use them, an entire technology revolution looks to be based on whats covered under their patents, they are already the leader in the space and have a who is who list of fortune 500 clients growing everday, Foster and Sullivan names them top mobile marketer, they bring in the a top player at Houlihan Lokey on their board not surprisingly the number one firm in m&a transactions under a billion. Good lord would anyone really be surprised if someone wanted to buy the company? How could someone possibly not be looking at them at this point? If you were in a lawsuit with them wouldnt you just consider a purchase instead of having to pay hundreds of millions just to get yourself out of the patent suit? When I consider all that's happening it doesn't seem like a stretch. If true I just hope they hold out till much higher prices because I think anything short of $10 is giving it away.