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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 | 11/02/2020 | Newport Realty Trust | Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services | Senior Secured Debt | $20.0 Million | 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 | 11/01/2020 | Callodine | Private Capital Advisory, Capital Solutions | Capital Solutions | $400.0 Million | Image
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Private Capital Advisory | Piper Sandler served as sole placement agent for Callodine Group on its acquisition of Gordon Brothers Finance Company from BlackRock's BDC | Callodine Group acquired Gordon Brothers Finance, a portfolio company of BlackRock | Sole Placement Agent |
Published | 10/30/2020 | Express Bolt & Gasket, LLC | Mergers & Acquisitions | Sell-Side | Image
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Energy, Power & Infrastructure, 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 | 10/30/2020 | 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 | 10/28/2020 | 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 | 10/28/2020 | 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 | 10/27/2020 | 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 | 10/27/2020 | EQT Corporation | Financing, Equity Capital Markets | Follow-On Offering | $310.0 Million | Image
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Energy, Power & Infrastructure, Upstream | Piper Sandler served as co-manager for EQT Corporation on a follow-on offering | Follow-On Offering | Co-Manager |
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 | |
Published | 10/26/2020 | First Internet Bancorp | Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing | Subordinated Debt | $10.0 Million | Image
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Financial Services, Depositories | Piper Sandler served as financial advisor for First Internet Bancorp on a $10.0 million offering of 6.00% fixed-to-floating rate subordinated notes due in 2030 | Subordinated Debt | Financial Advisor |
Published | 10/23/2020 | Birch Benders Inc. | Mergers & Acquisitions | Sell-Side | Image
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Consumer, Food & Beverage | Piper Sandler served as sell-side advisor for Birch Benders on sale to Sovos Brands, a portfolio company of Advent International | Birch Benders has been acquired by Sovos Brands, a portfolio company of Advent International | Financial Advisor | |
Published | 10/22/2020 | Fulton Financial Corporation | Equity Capital Markets, Financing | Preferred Stock | $200.0 Million | Image
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Financial Services, Depositories | Piper Sandler served as bookrunner for Fulton Financial Corporation on an offering of fixed rate non-cumulative perpetual preferred stock | Preferred Stock | Active Bookrunner |
Published | 10/22/2020 | Synovus Financial Corp. | Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing | Subordinated Debt | Image
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Financial Services, Depositories | Piper Sandler served as bookrunner for Synovus Financial Corp. on its $200.0 million offering of fixed-to-fixed rate subordinated notes due in 2030 | Subordinated Debt | Active Bookrunner | |
Published | 10/22/2020 | Milestone Pharmaceuticals Inc. | Financing, Equity Capital Markets | CMFO | $51.7 Million | Image
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Healthcare, Biopharma | Piper Sandler served as bookrunner for Milestone Pharmaceuticals, Inc. on a confidentially marketed follow-on offering | Confidentially Marketed Follow-On Offering | Active Bookrunner |
Published | 10/22/2020 | Centerbridge Partners, L.P. | Mergers & Acquisitions | Buy-Side | Image
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Financial Services, FinTech | Piper Sandler served as buy-side advisor for Centerbridge Partners, L.P. on its majority equity investment in holding company Syncapay to combine North Lane Technologies (formerly Wirecard North America) and daVinci Payments | Centerbridge Partners, L.P. has made a majority equity investment in holding company Syncapay to combine North Lane Technologies and daVinci Payments | Financial Advisor | |
Published | 10/21/2020 | McAfee Corp. | Financing, Equity Capital Markets | IPO | $740.0 Million | Image
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Technology, Software | Piper Sandler served as co-manager for McAfee Corp. on its initial public offering | Initial Public Offering | Co-Manager |
Published | 10/21/2020 | Aptinyx Inc. | Financing, Equity Capital Markets | Follow-On Offering | $48.3 Million | Image
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Healthcare, Biopharma | Piper Sandler served as bookrunner for Aptinyx, Inc. on a follow-on offering | Follow-On Offering | Active Bookrunner |