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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.
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Paragon 28, Inc., an orthopedic foot and ankle company, announced its Series B financing round, co-led by Piper Sandler Merchant Banking and MVM Partners. The funds will support the launch of new products, including the FDA-cleared APEX 3D Total Ankle Replacement System, and expand market operations both in the US and internationally. CEO Albert DaCosta expressed optimism about growth opportunities and the significance of this financing on the company's tenth anniversary.