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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 | 12/31/2020 | Sotherly Hotels Inc. | Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services | Senior Notes | $20.0 Million | Financial Services, Real Estate | Piper Sandler served as financial advisor for Sotherly Hotels Inc. on a $20 million senior note financing | Senior Notes | Financial Advisor | |
Published | 12/30/2020 | Northpointe Bancshares, Inc. | Financing, Equity Private Placements | Preferred Equity | $95.0 Million | Image
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Financial Services, Depositories | Piper Sandler served as placement agent for Northpointe Bancshares, Inc. on an equity offering of non-cumulative preferred stock | Preferred Equity | Joint Placement Agent |
Published | 12/30/2020 | BNCCORP, INC. | Mergers & Acquisitions | Division Carve Out | Image
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Financial Services, Depositories | Piper Sandler served as sell-side advisor for BNCCORP, INC. on divestiture of certain loans and deposits of Golden Valley, Minnesota branch to Coulee Bank | BNCCORP, INC. has divested certain loans and deposits of Golden Valley, Minnesota branch to Coulee Bank | Financial Advisor | |
Published | 12/30/2020 | BioDerm, Inc. | Mergers & Acquisitions | Sell-Side | Image
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Healthcare, Med-Tech | Piper Sandler served as sell-side advisor for BioDerm, Inc. on sale to Mountaingate Capital | BioDerm, Inc. has been acquired by Mountaingate Capital | Financial Advisor | |
Published | 12/29/2020 | Consumers Bancorp, Inc. | Mergers & Acquisitions | Buy-Side | Image
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Financial Services, Depositories | Piper Sandler served as buy-side advisor for Consumers Bancorp, Inc. on acquisition of two branches from CF Bankshares, Inc. | Consumers Bancorp, Inc. has acquired two branches from CF Bankshares, Inc. | Financial Advisor | |
Published | 12/29/2020 | Cayuga Lake Bank Corporation | Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing | Subordinated Debt | $8.0 Million | Financial Services, Depositories | Piper Sandler served as sole placement agent for Cayuga Lake Bank Corporation on a $8.0 million offering of 4.625% fixed-to-floating rate subordinated notes due in 2030 | Subordinated Debt | Sole Placement Agent | |
Published | 12/29/2020 | BestReviews LLC | Mergers & Acquisitions | Sell-Side | $160.0 Million | Image
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Technology, Internet & Digital Media | Piper Sandler served as sell-side advisor for BestReviews, a subsidiary of Tribune Publishing Company, on sale to Nexstar Inc., a wholly owned subsidiary of Nextstar Media Group, Inc. | BestReviews, a subsidiary of Tribune Publishing Company, has been acquired by Nexstar Inc., a wholly owned subsidiary of Nextstar Media Group, Inc. | Financial Advisor |
Published | 12/29/2020 | Veran Medical Technologies, Inc. | Mergers & Acquisitions | Sell-Side | $340.0 Million | Image
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Healthcare, Med-Tech | Piper Sandler served as sell-side advisor for Veran Medical Technologies, Inc. on sale to Olympus Corporation | Veran Medical Technologies, Inc. has been acquired by Olympus Corporation | Financial Advisor |
Published | 12/29/2020 | Banesco USA | Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing | Subordinated Debt | $15.0 Million | Image
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Financial Services, Depositories | Piper Sandler served as sole placement agent for Banesco USA on a $15.0 million offering of 5.50% fixed-to-floating rate subordinated notes due in 2030 | Subordinated Debt | Sole Placement Agent |
Published | 12/23/2020 | First Commercial Bancshares | Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing | Subordinated Debt | $15.0 Million | Financial Services, Depositories | Piper Sandler served as sole placement agent for First Commercial Bancshares, Inc. on a $15.0 million offering of 5.00% fixed-to-floating rate subordinated notes due in 2030 | Subordinated Debt | Sole Placement Agent | |
Published | 12/23/2020 | Medallion Financial Corp. | Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing | Senior Unsecured Debt | $33.6 Million | Image
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Financial Services, Depositories | Piper Sandler served as lead placement agent for Medallion Financial Corp. on a $33.6 million offering of 7.50% fixed rate senior unsecured notes due in 2027 | Senior Unsecured Debt | Joint Placement Agent |
Published | 12/23/2020 | First Trust Corporation | Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing | Subordinated Debt | $21.0 Million | Image
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Financial Services, Depositories | Piper Sandler served as sole placement agent for First Trust Corporation on a $21.0 million offering of 5.50% fixed-to-floating rate subordinated notes due in 2030 | Subordinated Debt | Sole Placement Agent |
Published | 12/22/2020 | CBC Bancorp | Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing | Subordinated Debt | $25.0 Million | Image
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Financial Services, Depositories | Piper Sandler served as sole placement agent for CBC Bancorp on a $25.0 million offering of fixed-to-floating rate subordinated notes due in 2030 | Subordinated Debt | Sole Placement Agent |
Published | 12/22/2020 | AWP, Inc. | Mergers & Acquisitions | Sell-Side | Image
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Services & Industrials | Piper Sandler served as sell-side advisor for AWP, Inc., a portfolio company of The Riverside Company, on sale to Kohlberg & Company | AWP, Inc., a portfolio company of The Riverside Company, has been acquired by Kohlberg & Company | Financial Advisor | |
Published | 12/22/2020 | Peapack-Gladstone Financial Corp. | 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 lead placement agent for Peapack-Gladstone Financial Corporation on a $100.0 million offering of 3.50% fixed-to-floating rate subordinated notes offering due in 2030 | Subordinated Debt | Joint Placement Agent |
Published | 12/21/2020 | eMDs Holdings Inc. | Mergers & Acquisitions | Sell-Side | $240.0 Million | Image
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Healthcare, Information-Driven Healthcare | Piper Sandler served as sell-side advisor for MDs Holdings, Inc., a portfolio company of Marlin Equity Partners, on sale to Compugroup Holding USA | MDs Holdings, Inc., a portfolio company of Marlin Equity Partners, has been acquired by Compugroup Holding USA | Financial Advisor |
Published | 12/18/2020 | DynaGrid Holdings, LLC | Mergers & Acquisitions | Sell-Side | Image
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Energy & Power, Energy & Power Infrastructure | Piper Sandler & Co. served as sell-side advisor for DynaGrid Holdings LLC, a portfolio company of CIC Partners, on sale to Brown Brothers Harriman Capital Partners. DynaGrid is the one of the largest independent providers of comprehensive transmission sub-grade and sitework services to electric utilities in Texas and surrounding states | DynaGrid Holdings LLC, a portfolio company of CIC Partners, has been acquired by Brown Brothers Harriman Capital Partners | Financial Advisor | |
Published | 12/18/2020 | Obsidian Insurance Holdings, Inc. | Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services | Senior Unsecured Debt | $20.0 Million | Image
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Financial Services, Insurance | Piper Sandler served as lead placement agent for Obsidian Insurance Holdings, Inc. on a $20.0 million offering of 6.50% fixed rate senior unsecured notes due in 2025 | Senior Unsecured Debt | Lead Placement Agent |
Published | 12/17/2020 | Gamida Cell Ltd. | Financing, Equity Capital Markets | CMFO | $74.5 Million | Image
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Healthcare, Biopharma | Piper Sandler served as left bookrunner for Gamida Cell Ltd. on a confidentially marketed follow-on offering | Confidentially Marketed Follow-On Offering | Left Bookrunner |
Published | 12/16/2020 | Ondot Systems, Inc. | Mergers & Acquisitions | Sell-Side | Image
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Financial Services, FinTech | Piper Sandler served as as sell-side advisor for Ondot Systems, Inc. on sale to Fiserv, Inc. | Ondot Systems, Inc. has has been acquired by Fiserv, Inc. | Financial Advisor |