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) announced that starting November 15, 2021, The Valence Group will operate under the Piper Sandler brand. This change follows Piper Sandler's acquisition of The Valence Group in April 2020, which enhanced its global chemicals advisory practice. The company has achieved a market leadership position in chemicals M&A, having announced 13 transactions valued at over $23 billion in the first 10 months of 2021. The firm aims to leverage its expertise in energy, healthcare, and consumer sectors to better serve chemicals clients.
Columbus McKinnon Corporation (NASDAQ: CMCO) has appointed Gerald Colella, former President and CEO of MKS Instruments, and Chad Abraham, Chair and CEO of Piper Sandler, to its Board of Directors effective November 11, 2021. Richard H. Fleming, Chair of the Board, highlighted their extensive experience in industrial technology and financial services, which will support the company's growth strategy. The board now consists of eleven directors, with ten being independent.
Piper Sandler Companies (NYSE: PIPR) has announced its latest financial results, highlighting key performance metrics that reflect the company's operational strength. The earnings release provides insights into revenue growth, driven by robust investment banking activities and strong client partnerships. Investors can access the complete earnings report on the company’s website. Piper Sandler continues to focus on delivering value through strategic investments and partnerships aimed at enhancing shareholder wealth.
Piper Sandler Companies (NYSE: PIPR) announces the addition of Matthew Ochsner as a managing director in its technology investment banking group, focusing on internet technology. Ochsner brings over 18 years of experience from leading roles at Amazon Web Services, Needham & Company, Yahoo!, and Google. His hire aligns with Piper Sandler's growth strategy in the technology sector, enhancing its advisory services in various areas, including software, digital media, and financial technology.
Piper Sandler Companies (NYSE: PIPR) is set to release its third quarter 2021 financial results on October 29, 2021, before the market opens. A conference call to discuss these results will occur at 10 a.m. ET on the same day, featuring CEO Chad Abraham, President Debbra Schoneman, and CFO Tim Carter. Participants can access the call via phone or through a live audio webcast. The earnings release will be available on the company's website.
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.
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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.