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Piper Sandler Companies (NYSE: PIPR) is a renowned investment bank, established in 1895, headquartered in Minneapolis, with more than 50 offices across the U.S., London, Aberdeen, and Hong Kong. The firm is dedicated to helping clients realize the power of partnership. Piper Sandler provides a comprehensive suite of products and services aimed at addressing the business lifecycle needs of its clientele. Their expertise spans various sectors including healthcare, energy, consumer, diversified industrials, business services, technology, financial services, agriculture, clean technologies, and renewables, primarily focusing on middle-market clients.
Piper Sandler's investment banking services cover financial advisory, equity financing, and underwriting, delivering robust revenue primarily from advisory functions. Securities brokerage and other investment banking services are provided through Piper Sandler & Co., a member of SIPC and NYSE, and through its regulated entities in the U.K. and Hong Kong.
The firm has built a reputation for its geographic reach and deep sector expertise, allowing it to thrive in an increasingly global market. Recent achievements include strategic mergers and acquisitions, leadership in public finance activities, and innovative solutions in alternative asset management and fixed income services.
For more details, visit pipersandler.com.
Piper Sandler Companies (NYSE: PIPR) has announced the appointment of Dave Westenberg as managing director and senior research analyst, focusing on the life science tools & diagnostics sector. Westenberg joins from Guggenheim Partners, bringing over eight years of experience in equity research. His educational background includes a B.S. from San Francisco State University and a Master’s in Finance from Università Bocconi. The addition strengthens Piper Sandler's growing Healthcare platform, aimed at capitalizing on the rapid growth and innovation within this sector.
Piper Sandler's Special District Group announced securing financing for public infrastructure in Colorado, facilitating the construction of over 50,000 new homes and 2,300 acres of parks. This initiative represents a total estimated project value exceeding $33 billion. The team's efforts are crucial in addressing Colorado's housing shortage amid a significant population increase of 14% since 2010. Recent financing has enabled six master-plan residential developments in Weld County, contributing to local housing efforts.
Piper Sandler Companies (NYSE: PIPR) has authorized a new share repurchase program of $150 million to enhance shareholder value and counteract equity dilution from employee compensation. This buyback plan starts on January 1, 2022, following the expiration of a similar program on December 31, 2021. As of October 29, 2019, the company had approximately 17.9 million shares outstanding. The program reflects the company’s commitment to capital allocation and shareholder returns amidst operational conditions.
Piper Sandler Companies (NYSE: PIPR) announced that starting November 15, 2021, The Valence Group will operate under the Piper Sandler brand. This change follows Piper Sandler's acquisition of The Valence Group in April 2020, which enhanced its global chemicals advisory practice. The company has achieved a market leadership position in chemicals M&A, having announced 13 transactions valued at over $23 billion in the first 10 months of 2021. The firm aims to leverage its expertise in energy, healthcare, and consumer sectors to better serve chemicals clients.
Columbus McKinnon Corporation (NASDAQ: CMCO) has appointed Gerald Colella, former President and CEO of MKS Instruments, and Chad Abraham, Chair and CEO of Piper Sandler, to its Board of Directors effective November 11, 2021. Richard H. Fleming, Chair of the Board, highlighted their extensive experience in industrial technology and financial services, which will support the company's growth strategy. The board now consists of eleven directors, with ten being independent.
Piper Sandler Companies (NYSE: PIPR) has announced its latest financial results, highlighting key performance metrics that reflect the company's operational strength. The earnings release provides insights into revenue growth, driven by robust investment banking activities and strong client partnerships. Investors can access the complete earnings report on the company’s website. Piper Sandler continues to focus on delivering value through strategic investments and partnerships aimed at enhancing shareholder wealth.
Piper Sandler Companies (NYSE: PIPR) announces the addition of Matthew Ochsner as a managing director in its technology investment banking group, focusing on internet technology. Ochsner brings over 18 years of experience from leading roles at Amazon Web Services, Needham & Company, Yahoo!, and Google. His hire aligns with Piper Sandler's growth strategy in the technology sector, enhancing its advisory services in various areas, including software, digital media, and financial technology.
Piper Sandler Companies (NYSE: PIPR) is set to release its third quarter 2021 financial results on October 29, 2021, before the market opens. A conference call to discuss these results will occur at 10 a.m. ET on the same day, featuring CEO Chad Abraham, President Debbra Schoneman, and CFO Tim Carter. Participants can access the call via phone or through a live audio webcast. The earnings release will be available on the company's website.
Piper Sandler Companies (NYSE: PIPR) has announced a definitive agreement to acquire Cornerstone Macro, an independent research firm. This acquisition enhances Piper Sandler's institutional equities platform by adding over 50 professionals, including 21 analysts renowned for their macro research. The deal aims to bolster Piper's equity derivatives capabilities and is expected to close in the first quarter of 2022. The merger aligns with Piper's goal of achieving a durable $200 million non-deal equities business, promising long-term growth and synergy for clients.
Piper Sandler Companies (NYSE: PIPR) announced the hiring of Seth Harward as a managing director and partner in its merchant banking group. Harward, previously with Frontier Growth, will enhance the firm's investment origination capabilities in growth equity. His extensive experience in the technology and software sectors is expected to benefit Piper Sandler’s growth equity investments. The firm aims to scale its practice while preparing to raise Fund III, leveraging Harward's relationships within the tech industry.