Houlihan Lokey announced that Anthony Basmajian has joined the firm’s Business Services Group as a Managing Director to expand its global IT services coverage capabilities.

Basmajian joins Houlihan Lokey following eight years at Harris Williams, where he was most recently a Managing Director and Head of IT Services Coverage. While there, he built the firm’s IT services coverage practice and focused on a broad range of subsectors, including managed services, managed security, managed compliance, and application and cloud services, among others. Prior to this role, Basmajian led execution across the firm’s Business Services Group for the commercial and industrial services, professional and tech-enabled services, and specialty distribution sectors. He has also held roles in Deutsche Bank’s and Credit Suisse’s global industrials groups.

“The evolution of the IT services sector has added both complexity and opportunity for our global client base, with data and AI further fueling the sector’s explosive growth,” said Ranon Kent, Global Head of Business Services. “Anthony possesses the deep sector knowledge our clients require, alongside a strong cultural compatibility that will undoubtedly contribute to our long track record of client service and outstanding results. We’re delighted that Anthony has joined the group.” Mr. Basmajian’s hire brings the IT Services practice to more than 40 financial professionals globally, with officers across the United States as well as London, Frankfurt, Paris, and Tokyo.

“I’m excited to join Houlihan Lokey’s best-in-class Business Services Group and contribute to the firm’s momentum in IT services client coverage. The opportunities and challenges in today’s market demand sector expertise and the client-first ethos for which Houlihan Lokey is known, and I look forward to partnering with my colleagues to provide superior advice to our clients around the world.”