Welcome to our dedicated page for Piper Sandler Co`S news (Ticker: PIPR), a resource for investors and traders seeking the latest updates and insights on Piper Sandler Co`S stock.
Piper Sandler Companies (NYSE: PIPR) is an investment bank and institutional securities firm whose news flow reflects its advisory, capital markets and institutional businesses. Company updates frequently cover financial results, leadership changes, sector team expansions and strategic initiatives that affect its investment banking and securities platforms.
Recent announcements include schedules for quarterly and full-year earnings releases and related conference calls, where the firm discusses its financial performance with investors and analysts. These events are typically accompanied by Form 8-K filings referencing results of operations and financial condition, and by press releases made available through the company’s channels.
Piper Sandler also issues news about its investment banking teams and product capabilities. Examples include the addition of senior bankers in healthcare investment banking and financial services investment banking, the elevation of new co-heads in healthcare, consumer investment banking and equity capital markets, and leadership appointments in fixed income. The firm has announced the launch of private markets trading focused on equity shares of private companies, as well as a definitive agreement to acquire MENA Growth Partners to create a strategic investment banking hub in the GCC region.
Investors, clients and market observers following PIPR news can use this page to track developments across advisory, capital markets, private markets trading, fixed income and geographic expansion. Regular updates on earnings, senior hires, leadership roles and strategic transactions provide insight into how Piper Sandler is positioning its investment banking and institutional securities businesses.
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.
Piper Sandler & Co. announced it has advised Falcon Private Holdings on the sale of Aristech Surfaces LLC to Trinseo for $445 million. This acquisition will enhance Trinseo’s Engineered Materials segment. The transaction is expected to finalize within the year, pending regulatory approvals. Aristech is recognized for manufacturing continuous cast acrylic sheets utilized in various sectors, including wellness and construction. Trinseo, a global materials solutions provider, reported approximately $3.0 billion in net sales in 2020.
Piper Sandler advised PTT Global Chemical Public Company Limited on its acquisition of Allnex for €4.0 billion (approx. $4.75 billion). Allnex, a leader in specialty chemical coatings, reported revenues of €2 billion and an EBITDA margin of 17-19%. The acquisition, pending regulatory approvals, is expected to close in Q4 2021. PTTGC, a major player in the petrochemical sector, will benefit from Allnex's extensive global network of 33 manufacturing sites and 23 research facilities, enhancing its position in the industry.
Piper Sandler Companies (NYSE: PIPR) has announced the hiring of Benj Becker to enhance its special district group in Utah. Becker, with over 15 years of experience in real estate consulting from Zions Public Finance, will aid in funding public infrastructure projects through public infrastructure districts and tax-increment financing. The special district group, comprising over 20 professionals, aims to leverage local expertise to meet the unique needs of Utah clients while drawing on national debt structuring knowledge.
Piper Sandler & Co. has acted as the financial advisor for Platinum Equity in acquiring Solenis for an enterprise value of $5.25 billion. The acquisition involves merging Solenis with Sigura Water, another Platinum Equity portfolio company, for a total transaction value of approximately $6.5 billion. The combined company is projected to generate $3.5 billion in revenue, targeting diverse markets in water treatment. Completion of the acquisition is expected by the end of 2021, pending regulatory approvals.
Piper Sandler Companies (NYSE: PIPR) has expanded its special district group in Denver with the addition of Matt Chorske and Shane Miner. Chorske, with over 23 years in special district banking, and Miner, who has 15 years of experience, both previously worked at BBVA USA Bancshares. The firm has seen significant growth in this sector since launching the special district group in November 2020, now boasting over 20 professionals. This strategic expansion aims to enhance service and expertise for clients in public finance.
Piper Sandler advised SK Capital Partners on the sale of Niacet Corporation to Kerry Group plc for $1.015 billion on a cash-free, debt-free basis. The acquisition will enhance Kerry’s food protection and preservation platform. Niacet is recognized for its leadership in Bakery and Pharma sectors, offering low-sodium preservation technologies for Meat and plant-based foods. The transaction is expected to close by Q3 2021, pending regulatory approvals. SK Capital's portfolio generates around $11 billion annually and employs over 16,000 people globally.
EverArc Holdings has announced its acquisition of 100% of Perimeter Solutions from SK Capital for approximately $2 billion, comprising cash and preferred shares. This transaction is expected to close in Q4 2021 and is subject to customary closing conditions. Perimeter Solutions specializes in high-quality firefighting products and lubricant additives, contributing significant market presence in both sectors. The acquisition aims to enhance EverArc's portfolio in these essential industries.
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