GoPro Brings on Houlihan Lokey to Help With Review of Possible Sale

Dow Jones05-13

By Katherine Hamilton

GoPro retained the investment bank Houlihan Lokey to help with its review of strategic alternatives, as the camera maker considers a possible sale.

The engagement of the bank, which specializes in mergers and acquisitions, comes days after GoPro said it was initiating a strategic review.

The company said it has received multiple unsolicited offers from defense and consumer-facing players regarding a possible sale.

GoPro is aiming to expand into the defense industry and highlighted Houlihan's ties with defense and consumer sectors.

"I fully support the effort to review a potential sale of the company to maximize shareholder value," Chief Executive Nicholas Woodman said.

Fenwick & West is serving as a legal advisor to GoPro during the strategic review.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

May 13, 2026 09:19 ET (13:19 GMT)

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