Financial terms of the private transaction were not disclosed.
Based in New York City, and with offices in Los Angeles and San Francisco, LHA is a leading provider of investor relations services to publicly traded growth and private companies looking to access the capital markets. LHA has vast experience across multiple industry sectors, including health care (pharmaceuticals, biotech, medical devices, diagnostics tools and services), technology, diversified industrials, aerospace/defense, cryptocurrency, consumer goods and more.
“The acquisition of LHA brings immediate value to new and existing LHA/Alliance clients through an expanded portfolio of services focused on increasing investor engagement and managing corporate governance throughout a company’s lifecycle,” Joseph Caruso, CEO of Alliance Advisors, said.
“The LHA business is a new strategic component of Alliance Advisors’ growing footprint, serving both publicly listed and newly emerging private companies. Founding partners Keith L. Lippert and John W. Heilshorn will remain as key contributors to the IR business line,” Caruso added.
The acquisition is expected to fuel Alliance’s growth in both the U.S. and international markets. Alliance currently provides services to over 1,000 publicly listed companies across the North America, Europe, the Middle East and Africa, and Asia Pacific regions.