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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 | 03/10/2020 | The Staywell Company, LLC | Mergers & Acquisitions | Sell-Side | Image
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Healthcare, Information-Driven Healthcare | Piper Sandler served as sell-side advisor for The StayWell Company, LLC, a subsidiary of Merck & Co., Inc. and portfolio company of Vestar Capital Partners, on its sale to WebMD Health Corp. | The StayWell Company, LLC, a subsidiary of Merck & Co., Inc. and portfolio company of Vestar Capital Partners, has been acquired by WebMD Health Corp. | Financial Advisor | |
Published | 03/09/2020 | Three Shores Bancorporation, Inc. | Mergers & Acquisitions | Sell-Side | $180.0 Million | Image
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Financial Services, Depositories | Piper Sandler served as sell-side advisor for Three Shores Bancorporation, Inc. has has been acquired by United Community Banks, Inc. | Three Shores Bancorporation, Inc. has been acquired by United Community Banks, Inc. | Financial Advisor |
Published | 03/06/2020 | Carroll Bancorp, Inc. | Mergers & Acquisitions | Sell-Side | $25.0 Million | Image
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Financial Services, Depositories | Piper Sandler served as sell-side advisor for Carroll Bancorp, Inc. on sale to Farmers and Merchants Bancshares, Inc. | Carroll Bancorp, Inc. has been acquired by Farmers and Merchants Bancshares, Inc. | Financial Advisor |
Published | 03/05/2020 | First Citizens Bancshares, Inc. | Equity Capital Markets, Financing | Preferred Stock | $345.0 Million | Image
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Financial Services, Depositories | Piper Sandler served as bookrunner for First Citizens BancShares, Inc. on a fixed-rate non-cumulative perpetual preferred offering | Preferred Stock | Active Bookrunner |
Published | 03/04/2020 | BridgeBio Pharma, Inc. | Financing, Equity Capital Markets | Convertible Offering | $550.0 Million | Image
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Healthcare, Biopharma | Piper Sandler served as bookrunner for BridgeBio Pharma, Inc. on a convertible offering | Convertible Offering | Passive Bookrunner |
Published | 03/04/2020 | Arbor Realty Trust, Inc. | Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services | Senior Notes | $275.0 Million | Image
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Financial Services, Real Estate | Piper Sandler served as sole placement agent for Arbor Realty Trust, Inc. on a private placement of $275.0 million of 7.25% Senior Notes due in 2027 | Senior Notes | Sole Placement Agent |
Published | 03/02/2020 | Midwest Can Company and Container Specialties, Inc. | Mergers & Acquisitions | Sell-Side | Image
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Consumer, Services & Industrials | Piper Sandler served as sell-side advisor for Midwest Can Company and Container Specialties, Inc., a portfolio company of GenNx360 Capital Partners, on sale to Argand Partners LP | Midwest Can Company and Container Specialties, Inc., a portfolio company of GenNx360 Capital Partners, has been acquired by Argand Partners LP | Financial Advisor | |
Published | 03/02/2020 | ParcelShield Holdings, LLC | Mergers & Acquisitions | Sell-Side | Image
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Healthcare, Information-Driven Healthcare | Piper Sandler served as sell-side advisor for ParcelShield Holdings, LLC on sale to Excellere Capital Management, LLC | ParcelShield Holdings, LLC has been acquired by Excellere Capital Management, LLC | Financial Advisor | |
Published | 03/02/2020 | World Insurance Associates, LLC | Mergers & Acquisitions | Sell-Side | Image
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Financial Services, Insurance | Piper Sandler served as sell-side advsior for World Insurance Associates on sale to Charlesbank Capital Partners | World Insurance Associates has been acquired by Charlesbank Capital Partners | Financial Advisor | |
Published | 03/01/2020 | Blue Water Energy | Mergers & Acquisitions | Buy-Side | $130.0 Million | Image
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Energy & Power, Oilfield Services & Equipment | Piper Sandler served as financial advisor for Blue Water Energy has acquired on a 70% acquisition of Varel International Energy Services Inc. ("VIES"), the drilling and completions division of Sandvik AB. Blue Water Energy is a specialist international private equity firm focused on the middle-market energy sector | Blue Water Energy has acquired a 70% stake in Varel International Energy Services Inc. | Financial Advisor |
Published | 03/01/2020 | Obsidian Insurance Holdings | Mergers & Acquisitions | Minority Investment | $245.0 Million | Image
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Financial Services, Insurance | Piper Sandler served as lead placement agent for Obsidian Insurance Holdings on a private placement | Private Placement | Lead Placement Agent |
Published | 02/29/2020 | NORCAL Mutual Insurance Company | Mergers & Acquisitions | Fairness Opinion | Image
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Financial Services, Insurance | Piper Sandler provided a fairness opinion for NORCAL Mutual Insurance Company on sale to ProAssurance Corporation | Fairness Opinion | Financial Advisor | |
Published | 02/29/2020 | Fortis Financial Inc. | 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 sole placement agent for Fortis Financial Inc. on a private placement of $10.0 million of Subordinated Notes due in 2030 | Subordinated Debt | Sole Placement Agent |
Published | 02/27/2020 | First-Citizens Bank & Trust Company | Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing | Subordinated Debt | $350.0 Million | Image
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Financial Services, Depositories | Piper Sandler served as sole placement agent for First Citizens Bancshares, Inc. on a private placement of $350.0 million of 3.375% subsordinated notes due in 2030 | Subordinated Debt | Active Bookrunner |
Published | 02/27/2020 | Ascentium Capital LLC | Mergers & Acquisitions | Sell-Side | Image
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Financial Services, Specialty Finance | Piper Sandler served as sell-side advisor for Ascentium Capital LLC on sale to Regions Bank | Ascentium Capital LLC has has been acquired by Regions Bank | Financial Advisor | |
Published | 02/26/2020 | Harrogate Water Brands | Mergers & Acquisitions | Sell-Side | Image
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Consumer, Food & Beverage | Piper Sandler served as sell-side advisor for Harrogate Water Brands on sale of a majority stake sale to Danone | Harrogate Water has sold a majority stake to Danone | Financial Advisor | |
Published | 02/25/2020 | Fulton Financial Corporation | Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing | Subordinated Debt | $200.0 Million | Image
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Financial Services, Depositories | Piper Sandler served as bookrunner for Fulton Financial Corporation on its offering of $200.0 million of 3.25% fixed-to-floating rate subordinated notes due 2030 | Subordinated Debt | Active Bookrunner |
Published | 02/24/2020 | First Bank (Creve Coeur) | Mergers & Acquisitions | Division Carve Out | Image
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Financial Services, Depositories | Piper Sandler served as sell-side advisor for First Bank on divestiture of 14 branches in Missouri and Illinois through three separate transactions | First Bank has divested 14 branches in Missouri and Illinois through three separate transactions | Financial Advisor | |
Published | 02/21/2020 | Intelerad Medical Systems, Inc. | Mergers & Acquisitions | Sell-Side | Image
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Healthcare, Information-Driven Healthcare | Piper Sandler served as sell-side advisor for Intelerad Medical Systems, Inc., a portfolio company of Novacap, on sale to Hg Capital | Intelerad Medical Systems, Inc., a portfolio company of Novacap, has been acquired by Hg Capital | Financial Advisor | |
Published | 02/20/2020 | Enpro Subsea Ltd | Mergers & Acquisitions | Sell-Side | $33.0 Million | Image
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Energy & Power, Oilfield Services & Equipment | Piper Sandler served as sell-side advisor for Enpro Subsea Ltd on sale to Hunting PLC. Enpro, who previously received growth capital investment from EV Private Equity, specialises in the design, manufacture and supply of market leading subsea production optimisation products, fluid intervention services and decommissioning services for the offshore oil and gas industry | Enpro Subsea Ltd has been acquired by Hunting PLC | Financial Advisor |