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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 | 11/12/2020 | Cullen/Frost Bankers, Inc. | Equity Capital Markets, Financing | Preferred Stock | $150.0 Million | Financial Services, Depositories | Piper Sandler served as co-manager for Cullen/Frost Bankers, Inc. on an offering of non-cumulative perpetual preferred stock | Preferred Stock | Co-Manager | |
Published | 11/09/2020 | InXpress Holdings Limited | Financing, Debt Capital Markets | Senior Term Loan | Image
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Services & Industrials | Piper Sandler served as sole debt placement agent for InXpress Holdings Limited on a debt capital raise | Senior Term Loan | Sole Placement Agent | |
Published | 11/09/2020 | Southside Bancshares Inc. | Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing | Subordinated Debt | $100.0 Million | Image
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Financial Services, Depositories | Piper Sandler served as sole placement agent for Southside Bancshares, Inc. on a $100.0 million offering of 3.875% fixed-to-floating rate subordinated notes due in 2030 | Subordinated Debt | Sole Placement Agent |
Published | 11/06/2020 | Vista Proppants and Logistics, LLC | Restructuring | Chapter 11 Reorganization | $370.0 Million | Image
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Energy & Power, Oilfield Services & Equipment | Piper Sandler served as investment banker for Vista Proppants and Logistics, LLC in a Chapter 11 reorganization. Based in Fort Worth, TX, Vista is a leading provider of proppant and proppant logistics for hydraulic fracturing applications in oil and gas well completions | Chapter 11 Reorganization | Financial Advisor |
Published | 11/06/2020 | MCREIF SubREIT, LLC | Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services | Senior Unsecured Debt | $100.0 Million | Image
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Financial Services, Real Estate | Piper Sandler served as sole placement agent for M360 Advisors, LLC on $100.0 million offering of senior unsecured notes due in 2023 | Senior Unsecured Debt | Sole Placement Agent |
Published | 11/05/2020 | Willamette Community Bancorp | Mergers & Acquisitions | Sell-Side | $15.0 Million | Image
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Financial Services, Depositories | Piper served as as sell-side advisor for Willamette Community Bancorp on sale to People's Bank of Commerce | Willamette Community Bancorp has been acquired by People's Bank of Commerce | Financial Advisor |
Published | 11/04/2020 | Cape Cod Five Mutual Company | Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing | Subordinated Debt | $50.0 Million | Image
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Financial Services, Depositories | Piper Sandler served as sole placement agent for Cape Cod Five Mutual Company on a $50 million offering of 3.75% fixed-to-floating rate subordinated notes due in 2030 | Subordinated Debt | Sole Placement Agent |
Published | 11/03/2020 | First Paragould Bankshares, Inc. | Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing | Subordinated Debt | $30.0 Million | Financial Services, Depositories | Piper Sandler served as sole placement agent for First Paragould Bankshares, Inc. on a $30.0 million offering of 4.375% fixed-to-floating rate subordinated notes due in 2030 | Subordinated Debt | Sole Placement Agent | |
Published | 11/02/2020 | KPS Capital Partners, LP | Mergers & Acquisitions | Buy-Side | Image
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Energy & Power, Oilfield Services & Equipment | Piper Sandler served as buy-side advsior for Lufkin Industries, a portfolio company of KPS Capital Partners, LP, on acquisition of the North American Land Rod Lift Business of Schlumberger. Lufkin is leading provider of rod lift and also provides other artificial lift solutions | Lufkin Industries, a portfolio company of KPS Capital Partners, has acquired the North American Land Rod Lift Business of Schlumberger | Financial Advisor | |
Published | 11/02/2020 | Newport Realty Trust | Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services | Senior Secured Debt | $20.0 Million | Image
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Financial Services, Real Estate | Piper Sandler served as sole placement agent for Newport Realty Trust, Inc. on a $20.0 million offering of senior secured notes due in 2024 | Senior Secured Debt | Sole Placement Agent |
Published | 11/02/2020 | Momentive Performance Materials Inc. | Mergers & Acquisitions | Division Carve Out | Image
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Chemicals | Piper Sandler served as sell-side advisor for Momentive Performance Materials, Inc. on divestiture of its GE branded Consumer Sealants business line to Henkel AG & C | Momentive Performance Materials, Inc. divested its GE branded Consumer Sealants business line to Henkel AG & C | Financial Advisor | |
Published | 10/30/2020 | North State Bancorp | Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing | Subordinated Debt | $18.0 Million | Image
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Financial Services, Depositories | Piper Sandler served as sole placement agent for North State Bancorp on its $18.0 million offering of 4.125% fixed-to-floating rate subordinated notes due in 2030 | Subordinated Debt | Sole Placement Agent |
Published | 10/30/2020 | Olympus Corporation | Mergers & Acquisitions | Buy-Side | Image
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Healthcare, Med-Tech | Piper Sandler served as buy-side advisor for Olympus Corporation on acquisition of FH Orthopedics SAS, excluding the FH spine business | Olympus Corporation has acquired FH Orthopedics SAS | Financial Advisor | |
Published | 10/30/2020 | Express Bolt & Gasket, LLC | Mergers & Acquisitions | Sell-Side | Image
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Energy & Power, Oilfield Services & Equipment | Piper Sandler served as financial advisor for Express Bolt & Gasket, LLC on a majority investment from WPM Capital Partners, LLC. Express manufactures mission-critical bolts and specialty threaded connectors for use in a wide variety of applications in the energy industry | Express Bolt & Gasket, LLC has received a majority investment from WPM Capital Partners, LLC | Financial Advisor | |
Published | 10/28/2020 | Leslie's, Inc. | Financing, Equity Capital Markets | IPO | $782.0 Million | Image
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Consumer, Retail & Disruptive Commerce | Piper Sandler served as co-manager for Leslie's, Inc. on its initial public offering | Initial Public Offering | Co-Manager |
Published | 10/28/2020 | Sterling Bancorp | Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing | Subordinated Debt | $225.0 Million | Image
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Financial Services, Depositories | Piper Sandler served as lead bookrunner for Sterling Bancorp on an offering of $225.0 million of 3.875% fixed-to-floating rate subordinated notes due in 2030 | Subordinated Debt | Lead Bookrunner |
Published | 10/27/2020 | EQT Corporation | Financing, Equity Capital Markets | Follow-On Offering | $310.0 Million | Image
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Energy & Power, Upstream | Piper Sandler served as co-manager for EQT Corporation on a follow-on offering | Follow-On Offering | Co-Manager |
Published | 10/27/2020 | Mirati Therapeutics, Inc. | Financing, Equity Capital Markets | Follow-On Offering | $1.0 Billion | Image
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Healthcare, Biopharma | Piper Sandler served as bookrunner for Mirati Therapeutics, Inc. on a follow-on offering | Follow-On Offering | Passive Bookrunner |
Published | 10/26/2020 | Equity Bancshares, Inc. | Mergers & Acquisitions | Buy-Side | Image
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Financial Services, Depositories | Piper Sandler served as buy-side advisor for Equity Bancshares, Inc. on an FDIC-Assisted acquisition of all deposits and certain assets of Almena State Bank | Equity Bancshares, Inc. has acquired all deposits and certain assets of Almena State Bank in an FDIC-Assisted transaction | Financial Advisor | |
Published | 10/26/2020 | ConnectOne Bancorp, Inc. | Mergers & Acquisitions | Division Carve Out | Image
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Financial Services, Depositories | Piper Sandler served as as sell-side advisor for ConnectOne Bancorp, Inc. on divestiture of two branches in New York to Rhinebeck Bancorp, Inc. | ConnectOne Bancorp, Inc. has divested two branches in New York to Rhinebeck Bancorp, Inc. | Financial Advisor |