Piper Sandler Co`S Stock Price, News & Analysis

Moxe, a leader in healthcare interoperability, secured $30 million in Series B funding led by Piper Sandler Merchant Banking and Vensana Capital. This financing aims to enhance the company's clinical data exchange solutions and expand its team to meet market demand. Currently serving payers representing 75 million lives and over 60 hospital systems, Moxe is focused on improving payer-provider collaboration and reducing administrative waste. The funding validates Moxe's position as a leader in healthcare interoperability.

Piper Sandler & Co. has advised PETRONAS Chemicals Group Berhad (PCG) on its acquisition of Perstorp Holding AB for an Enterprise Value of €2,300 million and a base purchase price of €1,538 million, net of adjusted debt. The deal is anticipated to close in Q3 2022, pending customary conditions. PCG is a leading chemicals producer in Malaysia and Southeast Asia, with a production capacity of 12.8 million metric tons annually. This strategic acquisition will enhance PCG's portfolio in specialty chemicals, strengthening its market position.

Piper Sandler Companies (NYSE: PIPR) announces the hiring of Mike Genereux as a managing director in its New York office. Genereux brings 28 years of investment banking experience, having served at notable firms like Perella Weinberg Partners and Blackstone. His expertise will strengthen Piper Sandler's restructuring group, TRS Advisors, enhancing their ability to provide exceptional restructuring advice. The firm aims to leverage his skills to serve a broader client base and achieve strategic growth.

Piper Sandler Companies (NYSE: PIPR) has appointed Shiva Kumar as managing director and head of mobility technology in San Francisco. Kumar brings over 20 years of experience from his previous role as CFO at Ridecell and as a senior vice president at Jefferies. He aims to address the complex challenges in the rapidly evolving mobility sector. The firm seeks to enhance its advisory services in the electric vehicle and mobility market, emphasizing teamwork and innovative solutions for clients in this dynamic field.

Piper Sandler Companies (NYSE: PIPR) has authorized a $150 million share repurchase program effective immediately, set to expire on December 31, 2024. This initiative aims to enhance shareholder value and counteract the dilutive impact of employee equity-based compensation. The new program adds to an existing $43 million authorization, which is set to expire on December 31, 2023. These steps are part of the company’s strategic capital allocation.

Piper Sandler Companies (NYSE: PIPR) has released its latest financial results, emphasizing its commitment to delivering partnership-driven investment banking services. The earnings release is available on their website. Piper Sandler operates in the U.S., U.K., and Hong Kong, and provides a range of financial services including securities brokerage and asset management. Investors can follow Piper Sandler for updates on their financial performance and market activities.

Piper Sandler Companies (NYSE: PIPR) has bolstered its municipal and specialty finance/high-yield practice with the hiring of Andrew Deming as a managing director in the Minneapolis office. Deming, with nearly 20 years of experience in public finance and financial structuring, aims to enhance underwriting and deal structuring within the firm. This strategic addition follows other recent hires, including Michael Milewski and Frank Hammond, aiming to strengthen Piper Sandler’s fixed income platform and improve client services.

Piper Sandler Companies (NYSE: PIPR) will announce its Q1 2022 financial results before market opens on April 29, 2022. A conference call with executives, including CEO Chad Abraham, will follow at 8 a.m. ET to discuss the results. Interested participants can listen via phone or through a webcast on the company’s website. The earnings release will be accessible on Piper Sandler's site as well. This announcement comes as part of their commitment to transparency and communication with stakeholders.

Piper Sandler Companies (NYSE: PIPR) has appointed Robyn Moore as managing director in its Denver office, succeeding Jonathan Heroux who will focus on the special district group. Moore brings over 18 years of experience in public finance, previously holding leadership roles at Stifel Nicolaus and George K. Baum & Company. Her extensive background and local government relationships are expected to enhance Piper Sandler's governmental business in Colorado. The firm recently expanded its special district group, adding over 30 professionals to drive innovation and client service.