Piper Sandler and BC Partners Credit Announce Strategic Alliance
Piper Sandler Companies (NYSE: PIPR) and BC Partners Credit have announced a strategic alliance aimed at enhancing debt capital market access for financial services clients. This partnership combines Piper Sandler's Financial Services Debt Capital Markets expertise, which has executed over 550 transactions worth nearly $40 billion in gross proceeds over the past decade, with BC Partners Credit's $8 billion credit platform. The alliance addresses challenges faced by small-cap, mid-cap, and privately-owned banks in executing debt financing following the 2023 Federal Reserve rate hikes and bank failures. The collaboration aims to provide customized structures and financing solutions, with plans to include additional institutional investors over time.
Piper Sandler Companies (NYSE: PIPR) e BC Partners Credit hanno annunciato un'alleanza strategica volta a migliorare l'accesso al mercato del capitale di debito per i clienti dei servizi finanziari. Questa partnership unisce l'esperienza di Piper Sandler nei Mercati del Capitale di Debito dei Servizi Finanziari, che ha eseguito oltre 550 transazioni per un valore di quasi 40 miliardi di dollari in ricavi lordi nell'ultimo decennio, con la piattaforma creditizia di 8 miliardi di dollari di BC Partners Credit. L'alleanza affronta le sfide che devono affrontare le banche a piccola e media capitalizzazione e quelle a proprietà privata nell'eseguire finanziamenti tramite debito dopo gli aumenti dei tassi della Federal Reserve del 2023 e i fallimenti bancari. La collaborazione mira a fornire strutture e soluzioni di finanziamento personalizzate, con piani per includere ulteriori investitori istituzionali nel tempo.
Piper Sandler Companies (NYSE: PIPR) y BC Partners Credit han anunciado una alianza estratégica destinada a mejorar el acceso al mercado de capital de deuda para los clientes de servicios financieros. Esta asociación combina la experiencia de Piper Sandler en Mercados de Capital de Deuda de Servicios Financieros, que ha llevado a cabo más de 550 transacciones por un valor de casi 40 mil millones de dólares en productos brutos en la última década, con la plataforma crediticia de 8 mil millones de dólares de BC Partners Credit. La alianza aborda los desafíos que enfrentan los bancos de pequeña y mediana capitalización y aquellos de propiedad privada para ejecutar financiamiento mediante deuda tras el aumento de tasas de la Reserva Federal en 2023 y los fracasos bancarios. La colaboración tiene como objetivo proporcionar estructuras y soluciones de financiamiento personalizadas, con planes para incluir a más inversionistas institucionales con el tiempo.
파이퍼 샌들러 컴퍼니(뉴욕증권거래소: PIPR)와 BC 파트너스 크레딧은 금융 서비스 고객을 위한 채무 자본 시장 접근성을 향상시키기 위한 전략적 제휴를 발표했습니다. 이 파트너십은 지난 10년 동안 400억 달러에 달하는 550건 이상의 거래를 실행한 파이퍼 샌들러의 재무 서비스 채무 자본 시장 전문성과 80억 달러 규모의 BC 파트너스 크레딧 신용 플랫폼을 결합합니다. 이번 제휴는 2023년 연방준비제도 금리 인상 및 은행 파산 이후, 중소형 및 개인 소유 은행들이 채무 자금을 실행하는 데 직면한 문제를 다룹니다. 협력은 맞춤형 구조와 자금 조달 솔루션을 제공하는 것을 목표로 하며, 시간이 지남에 따라 추가적인 기관 투자자도 포함할 계획입니다.
Piper Sandler Companies (NYSE: PIPR) et BC Partners Credit ont annoncé une alliance stratégique visant à améliorer l'accès au marché des capitaux de dette pour les clients des services financiers. Ce partenariat combine l'expertise de Piper Sandler dans les marchés de capitaux de dette pour les services financiers, ayant exécuté plus de 550 transactions pour une valeur de près de 40 milliards de dollars en produits bruts au cours de la dernière décennie, avec la plateforme de crédit de 8 milliards de dollars de BC Partners Credit. L'alliance répond aux défis auxquels sont confrontées les banques à petite et moyenne capitalisation, ainsi que les banques privées, lors de l'exécution de financements par dette, suite aux hausses de taux de la Réserve fédérale en 2023 et aux faillites bancaires. La collaboration vise à fournir des structures et des solutions de financement sur mesure, avec des plans pour inclure des investisseurs institutionnels supplémentaires au fil du temps.
Piper Sandler Companies (NYSE: PIPR) und BC Partners Credit haben eine strategische Allianz angekündigt, die darauf abzielt, den Zugang zum Markt für Schuldverschreibungen für Kunden im Finanzdienstleistungssektor zu verbessern. Diese Partnerschaft vereint die Expertise von Piper Sandler im Bereich der Finanzdienstleistungs-Schuldverschreibungen, die in den letzten zehn Jahren über 550 Transaktionen im Wert von fast 40 Milliarden Dollar in Bruttoerträgen durchgeführt hat, mit der Kreditplattform von BC Partners Credit im Wert von 8 Milliarden Dollar. Die Allianz geht auf die Herausforderungen ein, mit denen kleine und mittelgroße sowie privat besessene Banken bei der Durchführung von Schuldenfinanzierungen nach den Zinserhöhungen der Federal Reserve im Jahr 2023 und den Bankenpleiten konfrontiert sind. Die Zusammenarbeit zielt darauf ab, maßgeschneiderte Strukturen und Finanzierungslösungen anzubieten, mit dem Ziel, im Laufe der Zeit weitere institutionelle Investoren einzubeziehen.
- Track record of 550+ transactions with $40 billion in gross proceeds over past decade
- Strategic alliance with BC Partners Credit ($8 billion credit platform) expands financing capabilities
- Enhanced distribution network and capital access for debt offerings
- Challenging market conditions for debt capital market financings due to 2023 bank failures
- Difficult environment for small-cap and mid-cap banks to secure financing
Insights
This strategic alliance marks a significant development in the financial services sector, particularly for small and mid-cap financial institutions. The partnership combines Piper Sandler's proven track record of
The alliance strengthens Piper Sandler's distribution capabilities and enhances their ability to structure and execute debt transactions. For investors, this creates potential opportunities in the financial services sector through improved access to debt instruments and customized financing solutions. The partnership's focus on regional banks and specialty finance companies could lead to increased deal flow and more diverse investment opportunities in an underserved market segment.
The strategic significance extends beyond immediate business implications. This alliance addresses a critical market gap in debt financing for smaller financial institutions, which have faced increased scrutiny and funding challenges since the 2023 banking crisis. The partnership's ability to provide anchor demand through BC Partners Credit's capital base could lead to more favorable pricing and terms for issuers, potentially stimulating increased activity in the financial services debt market.
The addition of Sam Reinhart, with his UBS background, brings valuable institutional expertise and suggests a serious commitment to scaling this initiative. This could position Piper Sandler to capture a larger share of the debt capital markets business in the financial services sector.
Over the past decade, the Piper Sandler Financial Services Debt Capital Markets team has developed a specialized niche in managing debt transactions for regional and community banks, as well as non-bank specialty finance companies across the entire financial sector, executing more than 550 transactions and generating nearly
"Since the Federal Reserve's historic rate-hiking campaign and the multiple bank failures in the spring of 2023, it has become significantly more challenging for small-cap, mid-cap, and privately-owned banks, as well as non-bank financial companies, to execute debt capital market financings," said Jacques de Saint Phalle, Head of Piper Sandler Financial Services Debt Capital Markets. "BC Partners Credit's substantial capital base and extensive distribution networks will significantly bolster our market-leading transactional distribution platform."
BC Partners Credit is a fully diversified credit manager with a track record of providing bespoke capital solutions to companies across a range of industries, including banks, specialty finance companies, fintech platforms, insurers, and asset managers. In addition to providing capital, BC Partners Credit also has a dedicated team focused on managing the assets of insurance and re-insurance companies.
"We are excited to collaborate with Piper Sandler, offering their clients a comprehensive suite of financial solutions that can help propel their businesses" said Ted Goldthorpe, Head of BC Partners Credit. "As a fully diversified credit manager, with deep pools of capital and a vast network, we are well positioned to provide anchor demand, driving optimal structure and pricing. Likewise, our limited partners will have access to many compelling investment opportunities across the capital structure, with strong projected returns."
Supporting this partnership will be Sam Reinhart, a newly appointed Managing Director and Head of FIG Solutions at BC Partners Credit. Reinhart previously served as Head of Banks and Diversified Financials at UBS Group AG and began his career working with Jacques de Saint Phalle. Mr. Reinhart said, "I'm excited to once again partner with Jacques and the Piper Sandler team to deliver efficient and innovative capital solutions to their exceptional financial services client base."
ABOUT PIPER SANDLER
Piper Sandler Companies (NYSE: PIPR) is a leading investment bank driven to help clients Realize the Power of Partnership®. Securities brokerage and investment banking services are offered in the
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ABOUT BC PARTNERS AND BC PARTNERS CREDIT
BC Partners is a leading international investment firm in private equity, private debt, and real estate strategies. BC Partners Credit was launched in February 2017, with a focus on identifying attractive credit opportunities in any market environment, often in complex market segments. The platform leverages the broader firm's deep industry and operating resources to provide flexible financing solutions to middle-market companies across Financial Services, Business Services, Industrials, Healthcare and other select sectors. For further information, visit www.bcpartners.com/credit-strategy.
MEDIA CONTACTS
Piper Sandler
Nick Lawler
212-891-8954
nick.lawler@psc.com
BC Partners
Luke Charalambous
Luke.charalambous@BCPartners.com
+44 7775 180 721
Kekst CNC
Shea.Vilardi@kekstcnc.com / Daniel.Yunger@kekstcnc.com
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SOURCE BC Partners/Piper Sandler
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