Investment Banking Transactions

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Date Client Type Sub-Type Amt. Logo Sector/Sub-Sector Description Tombstone Description PSC Role
Published 06/01/2022 West Bancorporation Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing Subordinated Notes $60.0 Million Financial Services, Depositories Piper Sandler served as sole bookrunner for West Bancorporation on a 5.25% fixed-to-floating rate subordinated notes offering due in 2032 Subordinated Notes Left Bookrunner
Published 06/01/2022 Central Bancorp Mergers & Acquisitions Division Carve Out $75.0 Million Financial Services, Depositories Piper Sandler served as sell-side advisor for Central Bancorp on divestiture of Farmers & Stockmens Bank to Crossfirst Bankshares, Inc. Central Bancorp has divested Farmers & Stockmens Bank to Crossfirst Bankshares, Inc. Financial Advisor
Published 06/01/2022 Northfield Bancorp Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing Subordinated Notes $62.0 Million Financial Services, Depositories Piper Sandler served as lead placement agent for Northfield Bancorp on a 5.00% fixed-to-floating rate subordinated notes offering due 2032 Subordinated Notes Joint Placement Agent
Published 06/01/2022 Gramercy Funds Management LLC Mergers & Acquisitions Sell-Side Financial Services, Asset & Wealth Management Piper Sandler served as sell-side advisor for Gramercy Funds Management, LLC on sale of a minority stake to Kudu Investment Management Gramercy Funds Management, LLC has sold a minority stake to Kudu Investment Management
Financial Advisor
Published 06/01/2022 OYO Corporation U.S.A Mergers & Acquisitions Sell-Side Energy & Power, Oilfield Services & Equipment Piper Sandler served as sell-side advisor for OYO Corporation U.S.A on sale of its subsidiary NCS Subsea to Ocean Floor Geophysics, a portfolio company of PGS ASA
OYO Corporation U.S.A has sold its subsidiary NCS Subsea to Ocean Floor Geophysics, a portfolio company of PGS ASA Financial Advisor
Published 06/01/2022 National Multi-Family Real Estate Operator Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services Senior Notes $31.5 Million Financial Services, Real Estate Piper Sandler served as sole placement agent for a national multi-family real estate operator on a 8.00% senior notes offering due in 2025 Senior Notes Sole Placement Agent
Published 06/01/2022 Farmers & Merchants Bancorp, Inc. Mergers & Acquisitions Buy-Side $27.0 Million Financial Services, Depositories Piper Sandler served as buy-side advisor for Farmers & Merchants Bancorp, Inc. on acquisition of Peoples Federal Savings and Loan Association Farmers & Merchants Bancorp, Inc. has acquired Peoples Federal Savings and Loan Association Financial Advisor
Published 06/01/2022 Southwest Bancshares Inc. Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing Subordinated Notes $35.0 Million Financial Services, Depositories Piper Sandler served as sole placement agent for Southwest Bancshares Inc. Subordinated Notes Sole Placement Agent
Published 06/01/2022 Netsurion LLC Mergers & Acquisitions Division Carve Out Technology, Software Piper Sandler served as sell-side advisor for Netsurion on sale of its Secure Edge Networking business, a portfolio company of PSG, to Acumera Netsurion has divested its Secure Edge Networking business, a portfolio company of PSG, to Acumera Financial Advisor
Published 06/01/2022 PacWest Bancorp Financing, Equity Capital Markets Preferred Stock $513.2 Million Financial Services, Depositories Piper Sandler served as left bookrunner for PacWest Bancorp on a 7.75% fixed-rate reset non-cumulative perpetual stock offering Preferred Stock Left Bookrunner
Published 06/01/2022 U.S. Well Services Financing, Equity Capital Markets At the Market Offering Energy & Power, Oilfield Services & Equipment Piper Sandler served as sole agent for U.S. Well Services, Inc. on an at the market offering At the Market Offering Sole Marketing Agent
Published 06/01/2022 Enterprise Trust & Investment Company Mergers & Acquisitions Sell-Side Financial Services, Asset & Wealth Management Piper Sandler served as financial advisor for Enterprise Trust & Investment Company on sale to Lido Advisors Piper Sandler served as financial advisor for Enterprise Trust & Investment Company on sale to Lido Advisors Financial Advisor
Published 06/01/2022 First Busey Corporation Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing Subordinated Notes $100.0 Million Financial Services, Depositories Piper Sandler served as left bookrunner for Busey on a 5.00% fixed-to-floating rate subordinated notes offering due in 2032 Subordinated Notes Left Bookrunner
Published 06/01/2022 UB Bancorp Mergers & Acquisitions Sell-Side $117.5 Million Financial Services, Depositories Piper Sandler served as sell-side advisor for UB Bancorp on sale to F.N.B. Corporation UB Bancorp has been acquired by F.N.B. Corporation Financial Advisor
Published 06/01/2022 Westin Hotels & Resorts Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services Senior Term Loan $169.2 Million Financial Services, Real Estate, Real Estate, Hospitality Piper Sandler served as sole placement agent for Westin Hotels & Resorts on a senior loan refinancing Senior Term Loan Sole Placement Agent
Published 05/24/2022 Intricon Corp. Mergers & Acquisitions Sell-Side $246.0 Million Healthcare, Med-Tech Piper Sandler served as sell-side advisor for Intricon Corporation on sale to Altaris Capital Partners, LLC Intricon Corporation has been acquired by Altaris Capital Partners, LLC Financial Advisor
Published 05/18/2022 Metasource, LLC Financing, Debt Capital Markets Senior Term Loan Services & Industrials Piper Sandler served as sole debt placement agent for MetaSource, LLC, a portfolio company of Eos Partners, L.P. Senior Term Loan Sole Placement Agent
Published 05/18/2022 Captain D's, LLC Mergers & Acquisitions Sell-Side Consumer, Restaurants Piper Sandler served as sell-side advisor for Captain D's, LLC, a portfolio company of Sentinel Capital Partners, on sale to Centre Partners Management LLC Captain D's, LLC, a portfolio company of Sentinel Capital Partners, has been acquired by Centre Partners Management LLC Financial Advisor
Published 05/18/2022 Genesis Research LLC Mergers & Acquisitions Buy-Side Healthcare, Healthcare Services Piper Sandler served as buy-side advisor for Genesis Research, a portfolio company of GHIO, on its acquisition of Market Access Transformation, a portfolio company of Silversmith Capital Partners Genesis Research, a portfolio company of GHIO, has acquired Market Access Transformation, a portfolio company of Silversmith Capital Partners Financial Advisor
Published 05/13/2022 ProFrac Holdings Corp Financing, Equity Capital Markets IPO $328.0 Million Energy & Power, Oilfield Services & Equipment Piper Sandler served as bookrunner for ProFrac Holdings Corp on its initial public offering Initial Public Offering Active Bookrunner

Piper Sandler acquired TRS Advisors on 12/31/2020, Stamford Partners on 6/13/2022 and DBO Partners on 10/10/2022, transactions completed prior were executed by the respective firm.