Piper Sandler Companies reports news on its investment banking and institutional securities business, including advisory services, equity and debt capital markets, public finance, institutional brokerage, research, fixed income, and alternative asset management activities. Coverage commonly includes financial results, dividends, capital actions, and updates to teams serving corporate, private equity, public entity, nonprofit, and institutional investor clients.
Company announcements also cover platform expansion in areas such as distressed debt, special assets, healthcare investment banking, life sciences outsourcing, B2B med tech, and fixed income. Governance-related news includes board appointments and other corporate updates tied to the firm’s public-company structure.
Piper Sandler Companies (NYSE: PIPR) has announced its latest financial results for Q2 2022, revealing significant developments. The earnings conference call is scheduled for July 29, 2022, at 8:00 a.m. CT. Investors can access the audio webcast on the company’s earnings page. Piper Sandler continues to provide investment banking and securities brokerage services across multiple regions including the U.S., U.K., and Hong Kong. For detailed results, visit pipersandler.com/earnings.
Piper Sandler Companies (NYSE: PIPR) has appointed Christian Pesci as managing director in its healthcare investment banking group. With over 15 years of M&A advisory experience, Pesci will enhance the firm's expertise in healthcare services. His previous role was at Cain Brothers, focusing on multisite physician services. J.P. Peltier, global head of healthcare investment banking, expressed confidence that Pesci's skills will have an immediate impact. Pesci cited Piper Sandler's client-first culture and strong reputation as motivating factors for his transition.
Piper Sandler Companies (NYSE: PIPR) announces significant growth in its credit union group with four new managing directors: Jake Pettit, Kent Purcell, Joey Vandergrift, and David Frazier. Pettit, with 20 years of credit union sales experience, and Searles will spearhead the team to enhance market share. Purcell and Vandergrift contribute extensive experience in fixed income strategies, while Frazier will focus on loan participation analysis. This expansion aims to bolster Piper Sandler's capabilities and provide superior solutions to credit union clients, enhancing its competitive position.
Piper Sandler Companies (NYSE: PIPR) will release its second quarter 2022 financial results on July 29, 2022, before market opening. Following the earnings release, a conference call will be held at 9 a.m. ET, featuring CEO Chad Abraham, President Debbra Schoneman, and CFO Tim Carter. The call will be accessible via phone and audio webcast. A recording will be available on the company’s website post-event. Investors can contact Piper Sandler Investor Relations for access details.
Piper Sandler Companies (NYSE: PIPR) has announced its acquisition of DBO Partners, an independent technology investment banking firm based in the San Francisco Bay Area. This move aims to enhance Piper Sandler's technology investment banking capabilities, significantly increasing its scale in the sector. DBO has a notable track record in high-profile transactions, including AMD's $35 billion acquisition of Xilinx. The integration of DBO's team, comprised of seasoned professionals, is expected to contribute to Piper Sandler's growth and market position.
Piper Sandler Companies (NYSE: PIPR) has announced the hiring of Christopher Grady as a director in its financial services group, specifically within the insurance investment banking team. Grady brings substantial experience, having completed 80 transactions, including over 70 acquisitions at Marsh McLennan Agency. His expertise will focus on advising clients on strategic M&A and capital raising transactions. In 2021, Piper Sandler’s insurance team executed 31 M&A transactions with an aggregate deal value of $4 billion.
Piper Sandler Companies (NYSE: PIPR) has appointed Edward Yruma as a managing director and senior research analyst specializing in global lifestyle brands, particularly in retail and digital disruptors. He joins from KeyBanc Capital Markets and has prior experience at J.P. Morgan. Michael Cox, co-head of global equities, expressed excitement about adding Yruma's expertise to their consumer equity research team, which consists of over 60 analysts covering more than 1,000 stocks across various sectors.
Piper Sandler Companies (NYSE: PIPR) has successfully completed the acquisition of Stamford Partners LLP, enhancing its M&A advisory capabilities in the European consumer sector. This strategic partnership, characterized by a commitment to client service and shared vision, expands Piper Sandler's investment banking presence in Europe. The London-based Stamford team, led by partners Damian Thornton, Simon Milne, and Alastair Mathieson, is renowned for its tailored advisory services. Piper Sandler aims to leverage this acquisition to drive growth in its consumer advisory business.
Piper Sandler Companies (NYSE: PIPR) has announced the addition of Steven Hull and Frank Damian to its DIS investment banking group in Chicago. Hull, former managing director at BMO Capital Markets, brings extensive experience in mergers & acquisitions and debt capital markets in the transportation and logistics sector. Damian also joins from BMO Capital Markets, having led M&A and capital offerings. Both are expected to enhance Piper Sandler's capabilities in this sector.
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.