Image
Investment Banking Transactions
Date | Client | Type | Sub-Type | Amt. | Logo | Sector/Sub-Sector | Description | Tombstone Description | PSC Role | |
---|---|---|---|---|---|---|---|---|---|---|
Published | 03/10/2022 | LSB Industries Inc. | Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services | Senior Notes | $200.0 Million | Chemicals | Piper Sandler served as joint book-running manager for LSB Industries, Inc. on its add-on offering of senior secured notes | Senior Secured Notes | Active Bookrunner | |
Published | 03/09/2022 | Alpha Tau Medical LTD | Financing, Equity Capital Markets | PIPE | $92.0 Million | Image
|
Healthcare, Med-Tech | Piper Sandler served as placement agent for Alpha Tau Medical, Ltd. on a PIPE offering | PIPE | Joint Placement Agent |
Published | 03/08/2022 | International Battery Metals | Financing, Equity Capital Markets | PIPE | $10.0 Million | Image
|
Energy, Power & Infrastructure, Renewables & Clean Energy | Piper Sandler served as financial advisor for IBAT on a private placement of common stock with a consortium of undisclosed investors | PIPE | Financial Advisor |
Published | 03/08/2022 | Del Taco Restaurants, Inc. | Mergers & Acquisitions | Sell-Side | $572.6 Million | Image
Image
|
Consumer, Restaurants | Piper Sandler served as sell-side advisor for Del Taco Restaurants, Inc. on sale to Jack in the Box Inc. | Del Taco Restaurants, Inc. has been acquired by Jack in the Box Inc. | Financial Advisor |
Published | 03/02/2022 | User Zoom. Inc. | Mergers & Acquisitions | Minority Investment | Image
Image
|
Technology, Software | Piper Sandler served as financial advisor for Thoma Bravo, L.P. on a strategic growth investment in User Zoom, Inc. The investment is expected to be used to accelerate innovation and growth for UserZoom's proprietary platforms | Thoma Bravo, L.P. has provided a strategic growth investment in User Zoom, Inc. | Financial Advisor | |
Published | 03/01/2022 | Citizens Bancshares Corporation | Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing | Subordinated Notes | $25.0 Million | Image
|
Financial Services, Depositories | Piper Sandler served as sole placement agent for Citizens Bancshares Corporation on a 4.25% fixed-to-floating rate subordinated notes offering due in 2032 | Subordinated Notes | Sole Placement Agent |
Published | 03/01/2022 | Third Coast Bancshares, Inc. | Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing | Subordinated Notes | $82.3 Million | Image
|
Financial Services, Depositories | Piper Sandler served as lead placement agent for Third Coast Bancshares, Inc. on a 5.50% fixed-to-floating rate subordinated notes offering due in 2032 | Subordinated Notes | Joint Placement Agent |
Published | 03/01/2022 | Total Bank Solutions | Mergers & Acquisitions | Merger | Image
Image
|
Financial Services, Asset & Wealth Management | Piper Sandler served as financial advisor for Total Bank Solutions on merger with R&T Deposit Solutions | Total Bank Solutions has merged with R&T Deposit Solutions | Financial Advisor | |
Published | 03/01/2022 | Sumridge Partners | Mergers & Acquisitions | Sell-Side | Image
Image
|
Financial Services, FinTech | Piper Sandler served as sell-side advisor for Sumridge Partners on sale to Raymond James | Sumridge Partners has been acquired by Raymond James | Financial Advisor | |
Published | 03/01/2022 | Total Financial Solutions, LLC | Mergers & Acquisitions | Sell-Side | Image
Image
|
Financial Services, Specialty Finance | Piper Sandler served as sell-side advisor for Total Bank Solutions on sale to R&T Deposit Solutions | Total Bank Solutions has been acquired by R&T Deposit Solutions | Financial Advisor | |
Published | 03/01/2022 | Seacoast Banking Corporation of Florida | Mergers & Acquisitions | Buy-Side | $168.3 Million | Image
Image
|
Financial Services, Depositories | Piper Sandler served as buy-side advisor for Seacoast Banking Corporation of Florida on acquisition of Apollo Bank | Seacoast Banking Corporation of Florida has acquired Apollo Bank | Financial Advisor |
Published | 03/01/2022 | Ellington Financial | Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services | Senior Notes | $210.0 Million | Image
|
Financial Services | Piper Sandler served as sole initial purchaser for Ellington Financial on a 5.875% senior notes due in 2027 | Senior Notes | Sole Admin Agent |
Published | 03/01/2022 | ProFrac Holding Corp. | Mergers & Acquisitions | Buy-Side | Image
Image
|
Energy, Power & Infrastructure, Oilfield Services & Equipment | Piper Sandler served as buy-side advisor for ProFrac on acquisition of FTS International | ProFrac has acquired FTS International | Financial Advisor | |
Published | 03/01/2022 | Global Alternative Asset Manager | Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services | Senior Notes | $57.0 Million | Financial Services, Asset & Wealth Management | Piper Sandler served as sole placement agent for a global alternative asset manager on a senior secured notes offering | Senior Secured Notes Offering | Sole Placement Agent | |
Published | 03/01/2022 | Broadway Bancshares, Inc. | Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing | Subordinated Notes | $50.0 Million | Image
|
Financial Services, Depositories | Piper Sandler served as sole placement agent for Broadway Bank on a 3.75% fixed-to floating rate subordinated notes offering due in 2032 | Subordinated Notes | Sole Placement Agent |
Published | 03/01/2022 | Harbor Custom Development, Inc. | Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services | Revolving Credit Facility | $25.0 Million | Image
|
Financial Services, Real Estate | Piper Sandler served as financial advisor for Harbor Custom Development Facility on a senior secured revolving credit facility | Revolving Credit Facility | Financial Advisor |
Published | 03/01/2022 | First Savings Financial Group, Inc. | Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing | Subordinated Notes | $31.0 Million | Image
|
Financial Services, Depositories | Piper Sandler served as lead placement agent for First Savings Financial Group, Inc. on a 4.50% fixed-to-floating rate subordinated notes offering due in 2032 | Subordinated Notes | Joint Placement Agent |
Published | 03/01/2022 | FFL Partners | Private Capital Advisory, Secondary Capital | Secondary Capital | Image
|
Private Capital Advisory | Piper Sandler served as sole financial advisor to FFL partners for its Multi Asset Continuation Vehicle | Multi Asset Continuation Vehicle |
Secondary Advisor | |
Published | 03/01/2022 | Investor Group of McAfee Corp. | Mergers & Acquisitions | Sell-Side | $14.0 Billion | Image
Image
Image
Image
|
Technology, Software | Piper Sandler served as sell-side advisor to the Investor Group of McAfee Corp. on sale to Advent International Corporation, Permira Advisers LLC, Crosspoint Capital Partners, Canada Pension Plan Investment Board, GIC Private Limited and the Abu Dhabi Investment Authority | McAfee Corp. has been acquired by Advent International Corporation, Permira Advisers LLC and Crosspoint Capital Partners | Financial Advisor |
Published | 03/01/2022 | Coastal Carolina Bancshares, Inc. | Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing | Subordinated Notes | $10.0 Million | Image
|
Financial Services, Depositories | Piper Sandler served as sole placement agent for Coastal Carolina Bancshares, Inc. on a 4.00% fixed-to-floating rate subordinated notes offerin due in 2032 | Subordinated Notes | Sole Placement Agent |