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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 | 09/03/2020 | The First Bancorp, Inc. | Mergers & Acquisitions | Buy-Side | Image
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Financial Services, Depositories | Piper Sandler served as buy-side advisor for The First Bancorp, Inc. on acquisition of a branch location from Bangor Savings Bank | The First Bancorp, Inc. has acquired a branch location from Bangor Savings Bank | Financial Advisor | |
Published | 09/03/2020 | Bogota Financial Corp. | Mergers & Acquisitions | Buy-Side | Image
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Financial Services, Depositories | Piper Sandler served as buy-side advisor for Bogota Financial Corp. on acquisition of Gibraltar Bank | Bogota Financial Corp. has acquired Gibraltar Bank | Financial Advisor | |
Published | 09/03/2020 | BJ Services LLC | Mergers & Acquisitions | Division Carve Out | Image
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Energy, Power & Infrastructure, Oilfield Services & Equipment | Piper Sandler served as sell-side advisor for BJ Services LLC on the divestiture of select lab equipment to Baker Hughes in a going-concern 363 sale as part of BJ Services' voluntary Chapter 11 bankruptcy proceedings | BJ Services LLC has divested select lab equipment to Baker Hughes | Financial Advisor | |
Published | 09/02/2020 | Northwest Bancshares, Inc. | Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing | Subordinated Debt | $125.0 Million | Image
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Financial Services, Depositories | Piper Sandler served as sole bookrunner for Northwest Bancshares, Inc. on a $125.0 million offering of 4.00% fixed-to-floating rate subordinated notes due in 2030 | Subordinated Debt | Lead Bookrunner |
Published | 09/01/2020 | Kemper Corporation | Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services | Senior Notes | $400.0 Million | Image
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Financial Services, Insurance | Piper Sandler served as co-manager for Kemper Corporation on a senior notes offering | Senior Notes | Co-Manager |
Published | 09/01/2020 | Perricone MD | Mergers & Acquisitions | Sell-Side | Image
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Consumer, Beauty & Personal Care | Piper Sandler served as sell-side advisor for Perricone MD on sale to The Hut Group | Perricone MD has been acquired by The Hut Group | Financial Advisor | |
Published | 09/01/2020 | Medbio Inc. | Financing, Debt Capital Markets | Senior Term Loan | Image
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Healthcare, Med-Tech | Piper Sandler served as sole debt placement agent for Medbio, Inc., a portfolio company of Graham Partners, Inc., on committed debt capital raise | Senior Term Loan | Sole Placement Agent | |
Published | 08/31/2020 | Colorado Premium Foods | Restructuring | Special Situations Financing | Image
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Consumer, Food & Beverage | Piper Sandler served as financial advisor for Colorado Premium Foods on a committed debt capital raise in the form of a Senior Secured First Lien Term Loan from Platinum Equity and a Credit Facility from PNC Bank | Colorado Premium Foods has received a committed debt capital raise | Financial Advisor | |
Published | 08/31/2020 | Renasant 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-left bookrunner for Renasant Corporation on a $100.0 million offering of 4.50% fixed-to-floating rate subordinated notes due in 2035 | Subordinated Debt | Lead Bookrunner |
Published | 08/31/2020 | Premier Roofing LLC | Mergers & Acquisitions | Sell-Side | Image
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Services & Industrials | Piper Sandler served as sell-side advisor for Premier Roofing on sale to Aurora Capital Partners | Premier Roofing has been acquired by Aurora Capital Partners | Financial Advisor | |
Published | 08/31/2020 | First Bank | 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 First Bank on a $100.0 million offering of 4.50% fixed-to-floating rate subordinated notes due in 2030 | Subordinated Debt | Joint Placement Agent |
Published | 08/31/2020 | Pyxus International, Inc. | Restructuring | Chapter 11 Reorganization | $1.5 Billion | Image
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Consumer, Agriculture, Biorenewables & Cannabis | Piper Sandler served as investment banker for an ad hoc group of 1L and 2L crossholders in the Chapter 11 reorganization of Pyxus International, Inc. | Chapter 11 Reorganization | Financial Advisor |
Published | 08/28/2020 | Midland States Bancorp, Inc. | Mergers & Acquisitions | Division Carve Out | Image
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Financial Services, Depositories | Piper Sandler served as sell-side advisor for Midland States Bancorp, Inc. on divestiture of its Commercial FHA Origination Platform to Dwight Capital LLC | Midland States Bancorp, Inc. has divested its Commercial FHA Origination Platform to Dwight Capital LLC | Financial Advisor | |
Published | 08/27/2020 | Texas Heritage Bancshares, Inc. | Mergers & Acquisitions | Sell-Side | Financial Services, Depositories | Piper Sandler served as as sell-side advisor for Texas Heritage Bancshares, Inc. on sale to Medina Community Bancshares | Texas Heritage Bancshares, Inc. has been acquired by Medina Community Bancshares | Financial Advisor | ||
Published | 08/26/2020 | BJ Services LLC | Mergers & Acquisitions | Division Carve Out | Image
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Energy, Power & Infrastructure, Oilfield Services & Equipment | Piper Sandler served as financial advisor for BJ Services LLC on the divestiture of its cementing business to American Cementing LLC, a portfolio company of Argonaut Private Equity in a going-concern 363 sale as part of BJ Services' voluntary Chapter 11 bankruptcy proceedings | BJ Services LLC has divested select cementing assets to American Cementing LLC, a portfolio company of Argonaut Private Equity | Financial Advisor | |
Published | 08/26/2020 | 1st Colonial Bancorp, Inc. | Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing | Subordinated Debt | $10.8 Million | Image
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Financial Services, Depositories | Piper Sandler served as sole placement agent for 1st Colonial Bancorp, Inc. on an offering of $10.75 million of 7.00% fixed-to-floating rate subordinated notes due in 2030 | Subordinated Debt | Sole Placement Agent |
Published | 08/26/2020 | Republic First Bancorp Inc. | Financing, Equity Private Placements | Preferred Stock | $50.0 Million | Image
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Financial Services, Depositories | Piper Sandler served as lead placement agent for Republic First Bancorp, Inc. on an offering of non-cumulative perpetual preferred stock | Preferred Stock | Lead Placement Agent |
Published | 08/25/2020 | Shore Bancshares, Inc. | 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 lead placement agent for Shore Bancshares, Inc. on an offering of $25.0 million of fixed-to-floating rate subordinated notes due in 2030 | Subordinated Debt | Joint Placement Agent |
Published | 08/25/2020 | BJ Services LLC | Mergers & Acquisitions | Division Carve Out | Image
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Energy, Power & Infrastructure, Oilfield Services & Equipment | Piper Sandler served as sell-side advisor for BJ Services LLC on the divestiture of its active pressure pumping fleets, inventory and the TITAN next generation frac intellectual property (collectively "BJ Frac") to TES Asset Acquisition LLC, an affiliate of CSL Capital Management in a going-concern 363 sale as part of BJ Services voluntary Chapter 11 bankruptcy proceedings | BJ Services LLC has divested select frac assets that have been acquired by TES Asset Acquisition LLC, an affiliate of CSL Capital Management | Financial Advisor | |
Published | 08/25/2020 | Music Reports, Inc. | Mergers & Acquisitions | Sell-Side | Image
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Technology, Software | Piper Sandler served as sell-side advisor to Music Reports Inc., a portfolio company of Abry Partners, on sale to MidOcean Partners | Music Reports Inc., a portfolio company of Abry Partners, has been acquired by MidOcean Partners | Financial Advisor |