Investment Banking Transactions

	Date	Client	Type	Sub-Type	Amt.	Logo	Sector/Sub-Sector	Description	Tombstone Description	PSC Role
Published	03/02/2023	Bumble Trading Inc.	Financing, Equity Capital Markets	Confidentially Marketed Follow-On Offering	$313.5 Million	Image	Technology, Internet & Digital Media	Piper Sandler served as co-manager for Bumble, Inc. on a confidentially marketed follow-on offering	Confidentially Marketed Follow-on offering	Co-Manager
Published	03/01/2023	ELMC Equity Premier, LLC	Mergers & Acquisitions	Division Carve Out		Image Image Image	Financial Services, Insurance	Piper Sandler served as sell-side advisor for ELMC Equity Premier, LLC, a portfolio company of J.C. Flowers & Co., has sold its MGU operations to NSM Insurance Group	ELMC Equity Premier, LLC, a portfolio company of J.C. Flowers & Co., has sold its MGU operations to NSM Insurance Group	Financial Advisor
Published	03/01/2023	PowerSchool Group LLC	Financing	Follow-On Offering	$182.7 Million	Image	Technology, Software	Piper Sandler served as co-manager for PowerSchool Holdings, Inc. on a follow-on offering	Follow-On Offering	Co-Manager
Published	03/01/2023	Clearwater Analytics	Financing, Equity Capital Markets	Follow-On Offering	$195.0 Million	Image	Financial Services, Asset & Wealth Management	Piper Sandler served as co-manager for Clearwater Analytics on a follow-on offering	Follow-On Offering	Co-Manager
Published	02/28/2023	Garnett Station Capital Partners	Mergers & Acquisitions	Buy-Side		Image Image	Services & Industrials	Piper Sandler served as buy-side advisor for Garnett Station Capital Partners on acquisition of Apex Auto Holdings, LLC	Garnett Station Capital Partners has acquired Apex Auto Holdings, LLC	Financial Advisor
Published	02/28/2023	Health & Wellness Partners, LLC	Mergers & Acquisitions	Sell-Side		Image Image	Healthcare, Information-Driven Healthcare	Piper Sandler served as sell-side advisor for Health & Wellness Partners, LLC on recapitalization by New MainStream Capital	Health & Wellness Partners, LLC has been recapitalized by New MainStream Capital	Financial Advisor
Published	02/28/2023	Synthomer plc	Mergers & Acquisitions	Division Carve Out	$255.0 Million	Image Image	Chemicals	Piper Sandler served as sell-side advisor to Synthomer on the sale of its laminates, films and coated fabrics businesses to Surteco North America	Synthomer plc has sold its laminates, films and coated fabrics businesses to Surteco North America
Published	02/28/2023	XB Fulfillment	Financing, Debt Capital Markets	Senior Term Loan	$100.0 Million	Image	Services & Industrials	Piper Sandler served as sole debt placement agent for X Border Holdings, LLC on a debt capital raise	Senior Secured Term Loan Delayed Draw Term Loan & Revolver	Sole Placement Agent
Published	02/23/2023	Partners Bancorp	Mergers & Acquisitions	Sell-Side	$167.8 Million	Image Image	Financial Services, Depositories	Piper Sandler served as sell-side advisor for Partners Bancorp on announced sale to LINKBANCORP	Partners Bancorp has agreed to be acquired by LINKBANCORP	Financial Advisor
Published	02/23/2023	Wayne Savings Bancshares, Inc.	Mergers & Acquisitions	Sell-Side	$68.0 Million	Image Image	Financial Services, Depositories	Piper Sandler served as sell-side advisor for Wayne Savings Banchshares, Inc. on announced sale to Main Street Financial Services Corp	Wayne Savings Banchshares, Inc. has agreed to be acquired by Main Street Financial Services Corp	Financial Advisor
Published	02/21/2023	Imperative Chemical Partners	Mergers & Acquisitions	Merger		Image Image Image Image	Energy & Power, Oilfield Services & Equipment	Piper Sandler served as financial advisor for Imperative Chemical Partners, Inc., a portfolio company of Hastings Equity Partners, on partnership of Hastings and One Equity Partners to recapitalize Imperative and simultaneously combine Imperative with RSI Chemicals	Imperative Chemical Partners, Inc. has partnered with Hastings Equity Partners and One Equity Partners to recapitalize and simultaneously combine with RSI Chemicals	Financial Advisor
Published	02/21/2023	Minerva Surgical Inc.	Financing, Equity Capital Markets	PIPE	$30.0 Million	Image	Healthcare, Med-Tech	Piper Sandler served as sole placement agent for Minerva Surgical, Inc. on a PIPE offering	PIPE	Sole Placement Agent
Published	02/21/2023	K&N Engineering, Inc.	Restructuring	Amendment		Image	Services & Industrials	Piper Sandler served as financial advisor for an ad hoc group of second lien lenders, including funds managed by Angelo Gordon, Apollo, Centre Lane and Prospect Capital, on a Restructuring Support Agreement with 100% of K&N Engineering, Inc. lenders	Out-of-Court Restructuring	Financial Advisor
Published	02/17/2023	Apyx Medical Corporation	Financing, Debt Capital Markets	Senior Secured Debt	$35.0 Million	Image	Healthcare, Med-Tech	Piper Sandler served as sole debt placement agent for Apyx Medical Corporation on a senior term loan	Senior Secured Debt	Sole Placement Agent
Published	02/17/2023	CB&T Holding Corporation	Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services	Senior Notes	$11.5 Million	Image	Financial Services, Depositories	Piper Sandler served as sole placement agent for CB&T Holding Corporation on a senior notes offering	Senior Notes	Sole Placement Agent
Published	02/17/2023	Milan Laser Hair Removal	Mergers & Acquisitions	Minority Investment		Image Image	Consumer, Health & Wellness Services	Piper Sandler served as financial advisor for Milan Laser Hair Removal, a portfolio company of Leonard Green & Partners, on receiving a significant investment from Sixth Street	Milan Laser Hair Removal, a portfolio company of Leonard Green & Partners, has received a significant investment from Sixth Street	Financial Advisor
Published	02/15/2023	Galera Therapeutics	Financing, Equity Capital Markets	Registered Direct	$30.0 Million	Image	Healthcare, Biopharma	Piper Sandler served as placement agent for Galera Therapeutics on a registered direct offering	Registered Direct Offering	Sole Placement Agent
Published	02/14/2023	GroundCloud	Mergers & Acquisitions	Sell-Side	$218.0 Million	Image Image	Technology, Software	Piper Sandler served as financial advisor for GroundCloud on sale to Descartes	GroundCloud has been acquired by Descartes	Financial Advisor
Published	02/13/2023	National Spine & Pain Centers	Restructuring	Creditor Advisory	$300.0 Million	Image	Healthcare, Healthcare Services	Piper Sandler served as financial advisor for the steering group of first lien lenders of National Spine & Pain Centers, a portfolio company of Avista Capital Partners, on an out of court recapitalization	Creditor Advisory	Financial Advisor
Published	02/08/2023	Xponential Fitness	Financing, Equity Capital Markets	Confidentially Marketed Follow-On Offering	$140.9 Million	Image	Consumer, Health & Wellness Services	Piper Sandler served as bookrunner for Xponential Fitness, Inc. on a confidentially marketed follow on offering	Confidentially Marketed Follow-On Offering	Passive Bookrunner