March 10, 2010 / 5:15 PM / 8 years ago

UPDATE 1-Houlihan starts fintech advisory practice

* Robert Hyer joins from Greenhill to head group

* Bruce Urbanek also joins group

NEW YORK, March 10 (Reuters) - Investment bank Houlihan Lokey said on Wednesday veteran dealmaker Robert Hyer joined the firm from Greenhill & Co (GHL.N) to head a new practice focusing on companies in the financial technology industry.

    Hyer, a 23-year investment banking veteran, will be joined by Bruce Urbanek, a financial technology specialist formerly with Goldman Sachs (GS.N) and Citigroup (C.N).

    Hyer’s deals include advising private equity firm KKR [KKR.UL] on its $27 billion acquisition of First Data, and Ceridian in its proxy defense and $5.2 billion sale to TH Lee [THL.UL], it said.

    Hyer also spent nine years at Citigroup, where he established the bank’s global electronic services group, it said. (Reporting by Paritosh Bansal)

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