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Investment Banking Transactions
Date | Client | Type | Sub-Type | Amt. | Logo | Sector/Sub-Sector | Description | Tombstone Description | PSC Role | |
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Published | 03/01/2022 | Eagle Financial Services, Inc. | Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing | Subordinated Notes | $30.0 Million | Financial Services, Depositories | Piper Sandler served as sole placement agent for Eagle Financial Services, Inc. on a 4.50% fixed-to-floating rate subordinated notes offering due in 2032 | Subordinated Notes | Sole Placement Agent | |
Published | 03/01/2022 | Monona Bankshares, Inc. | Mergers & Acquisitions | Sell-Side | Image
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Financial Services, Depositories | Piper Sandler served as financial advisor for Monona Bankshares, Inc. on sale to SBCP Bancorp | Monona Bankshares, Inc. has been acquired by SBCP Bancorp | 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 | Harbor Custom Development, Inc. | Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services | Revolving Credit Facility | $25.0 Million | Image
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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 | Citizens Bancshares Corporation | Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing | Subordinated Notes | $25.0 Million | Image
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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
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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 | OTC Markets Group Inc. | Mergers & Acquisitions | Sell-Side | Image
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Financial Services, FinTech | Piper Sandler served as sell-side advisor for OTC Markets on sale to Blue Sky Data Corp | OTC Markets has been acquired by Blue Sky Data Corp | Financial Advisor | |
Published | 03/01/2022 | Southcross Energy Partners | Mergers & Acquisitions | Sell-Side | Image
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Energy, Power & Infrastructure, Midstream & Downstream | Piper Sandler served as sell-side advisor for Southcross Energy Partners on sale to Targa Resources Corp |
Southcross Energy Partners has sold to Targa Resources Corp | Financial Advisor | |
Published | 03/01/2022 | Velocity Financial, Inc. | Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing | Senior Notes | $215.0 Million | Image
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Financial Services, Specialty Finance | Piper Sandler served as sole placement agent for Velocity Financial, Inc. on a 7.125% senior secured notes due in 2032 | Senior Notes | 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
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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 | First Savings Financial Group, Inc. | Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing | Subordinated Notes | $31.0 Million | Image
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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
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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 | Angelo Gordon | Financing, Equity Capital Markets | Strategic Advisory | $97.5 Million | Image
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Financial Services, Asset & Wealth Management | Piper Sandler served as referral agent for Angelo Gordon on an AG asset based credit fund | AG Asset Based Credit Fund | Financial Advisor |
Published | 03/01/2022 | Ellington Financial | Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services | Senior Notes | $210.0 Million | Image
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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 | Trupanion | Financing, Piper Sandler Finance | Revolving Credit Facility | $150.0 Million | Image
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Financial Services, Insurance | Piper Sandler Finance served as sole underwriter and administrative agent for Trupanion on a senior secured term loan, delayed draw term loan and revolver | Senior Secured Term Loan Delayed Draw Term Loan & Revolver |
Sole Underwriter |
Published | 02/28/2022 | The Research Partnership | Mergers & Acquisitions | Sell-Side | Image
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Healthcare, Healthcare Services | Piper Sandler served as sell-side advisor for The Research Partnership on sale to Ashfield Huntsworth, a portfolio company of Clayton Dubilier & Rice | The Research Partnership has been acquired by Ashfield Huntsworth, a portfolio company of Clayton Dubilier & Rice | Financial Advisor | |
Published | 02/28/2022 | VanZandt Controls, LLC | Mergers & Acquisitions | Sell-Side | Image
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Energy, Power & Infrastructure, Oilfield Services & Equipment | Piper Sandler served as sell-side advisor for VanZandt Controls, LLC, a portfolio company of OFS Energy Fund, on sale to Eagle Automation, a portfolio company of Featheringill Capital | VanZandt Controls, LLC, a portfolio company of OFS Energy Fund, has been acquired by Eagle Automation, a portfolio company of Featheringill Capital | Financial Advisor | |
Published | 02/28/2022 | Galderma Holding S.A. | Mergers & Acquisitions | Division Carve Out | Image
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Consumer, Beauty & Personal Care, Healthcare, Biopharma | Piper Sandler served as sell-side advisor for Galderma S.A., a portfolio company EQT, on divestiture of Alchemee (formerly the Proactiv Company) to Taro Pharmaceuticals Industries Ltd. | Galderma S.A., a portfolio company EQT, has divested Alchemee (formerly the Proactiv Company) to Taro Pharmaceuticals Industries Ltd. | Financial Advisor | |
Published | 02/23/2022 | Paramount Rx | Mergers & Acquisitions | Sell-Side | Image
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Healthcare, Healthcare Services | Piper Sandler served as sell-side advisor for Paramount Rx Inc. on sale to RxSense Group LLC, a portfolio company of Parthenon Capital | Paramount Rx Inc. has been acquired by RxSense Group LLC, a portfolio company of Parthenon Capital | Financial Advisor | |
Published | 02/16/2022 | Baylis Medical Company Inc. | Mergers & Acquisitions | Division Carve Out | $1.8 Billion | Image
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Healthcare, Med-Tech | Piper Sandler served as sell-side advisor for Baylis Medical Company, Inc. on sale to Boston Scientific Corporation | Baylis Medical Company, Inc. has been acquired by Boston Scientific Corporation | Financial Advisor |