Houlihan Lokey Inc. , +0.44% announced Monday that it had agreed to pay a sum undisclosed to acquire 7 Mile Advisors (MA), a boutique firm of investment banking with 30 employees and five managing directors who specialize in the IT sector. The Charlotte, N.C.-based advisory firm has been in business since 2008 and worked on over 170 transactions around the world. Larry DeAngelo is the head of Houlihan Lokey’s business services division. He said: “We are delighted to bring this talented team on to continue toward our goal to provide our clients with the most subsector specific expertise as they navigate challenges and opportunities.”