Piper Sandler Co`S - PIPR STOCK NEWS

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.

Piper Sandler Companies (NYSE: PIPR) announces the hiring of Jon Searles as managing director in credit union fixed income sales at its New York office. Searles, with over 12 years of experience in the industry, aims to enhance and grow the credit union platform. John Beckelman, head of fixed income, highlighted Searles' strong track record in building industry relationships. This strategic hire supports Piper Sandler's goal of increasing market share and developing a robust secondary fixed income revenue stream.

Piper Sandler Companies (NYSE: PIPR) has appointed Robbin Mitchell to its board of directors. With extensive experience in consulting and executive roles in the retail and apparel sectors, including at Boston Consulting Group and Ralph Lauren, Mitchell is expected to enhance the firm’s consumer industry expertise. Piper Sandler's CEO, Chad Abraham, expressed excitement about her joining, believing her background will contribute to the company's growth and shareholder value. Mitchell holds degrees from Stanford University and Harvard University.

Piper Sandler (NYSE: PIPR) has appointed Christian Hess as managing director and European head of financial sponsors in its London office. With over 30 years of experience, Hess previously led private equity client groups at Investec and co-founded the European financial sponsors group at UBS. His addition aims to strengthen Piper Sandler's connections with European sponsors and enhance its cross-border transaction capabilities. David Lee, Piper Sandler's global head of financial sponsors, highlighted Hess's role in providing actionable deal flow and insights to their domestic clients.

Piper Sandler Companies (NYSE: PIPR) has appointed Charles Neivert as managing director and senior research analyst to enhance its equity research in the Chemicals & Agriculture sector, based in New York. Neivert, who brings over 30 years of experience, previously worked at Cowen and has a strong background in the chemicals field, including co-founding New Vernon Associates. This move signifies Piper Sandler's strategic expansion into a new vertical, building on its investment in the chemicals sector.

Piper Sandler Companies (NYSE: PIPR) has announced its latest financial results, underscoring its commitment to partnership-driven investment banking services. Details on earnings can be accessed at pipersandler.com/earnings. The company operates globally, providing a range of services through its affiliates, including securities brokerage and private equity strategies. The press release provides insights into recent performance metrics and strategic initiatives aimed at enhancing shareholder value.

Piper Sandler Companies (NYSE: PIPR) is set to announce its second quarter 2021 financial results on July 30, 2021, before market opening. The earnings will be accessible on the firm’s website. Following the release, a conference call will occur at 9 a.m. ET, hosted by key executives including Chairman Chad Abraham. Participants can join by phone using the provided reservation number. A replay of the call will be available shortly after, along with an audio webcast on their website.