Welcome to our dedicated page for Piper Sandler Companies news (Ticker: PIPR), a resource for investors and traders seeking the latest updates and insights on Piper Sandler Companies stock.
Piper Sandler Companies (NYSE: PIPR) is a renowned investment bank, established in 1895, headquartered in Minneapolis, with more than 50 offices across the U.S., London, Aberdeen, and Hong Kong. The firm is dedicated to helping clients realize the power of partnership. Piper Sandler provides a comprehensive suite of products and services aimed at addressing the business lifecycle needs of its clientele. Their expertise spans various sectors including healthcare, energy, consumer, diversified industrials, business services, technology, financial services, agriculture, clean technologies, and renewables, primarily focusing on middle-market clients.
Piper Sandler's investment banking services cover financial advisory, equity financing, and underwriting, delivering robust revenue primarily from advisory functions. Securities brokerage and other investment banking services are provided through Piper Sandler & Co., a member of SIPC and NYSE, and through its regulated entities in the U.K. and Hong Kong.
The firm has built a reputation for its geographic reach and deep sector expertise, allowing it to thrive in an increasingly global market. Recent achievements include strategic mergers and acquisitions, leadership in public finance activities, and innovative solutions in alternative asset management and fixed income services.
For more details, visit .
Piper Sandler Companies (NYSE: PIPR) has announced the strategic hiring of three key investment bankers to strengthen its energy, power & infrastructure investment banking group. Paul Leece joins as managing director and global head of infrastructure, bringing over 20 years of experience from UBS, Credit Agricole, and Cantor Fitzgerald. Jeremi Martin joins as managing director with 15+ years of sector experience from Cantor Fitzgerald and Credit Agricole CIB. Daniel Allmomen joins as director, previously working at Cantor Fitzgerald, Credit Agricole CIB, and EY.
This expansion enhances Piper Sandler's capabilities in traditional and renewable energy, tech, and transportation sectors. The new team brings a combined 40+ years of experience in mergers and acquisitions, strategic advisory, financing, and restructuring transactions across various energy, power & infrastructure sub-sectors globally.
Apse Capital has successfully closed a 鈧�350 million continuation fund led by J.P. Morgan Asset Management. The fund will acquire three portfolio companies from Apse Capital Bridge Fund: TerraQuest (UK planning and property software solutions), Kallidus (SaaS-based HCM platform with 1,200+ customers), and Ultima Business Solutions (UK IT solutions provider). The transaction received support from existing and new investors, with the General Partner reinvesting its carried interest proceeds. A portion of the new commitments will be available for follow-on capital to support continued growth and strategic M&A activities.
Piper Sandler (NYSE: PIPR) has appointed Matt Somma as managing director in its financial services group. Somma will focus on advising asset and wealth management firms on M&A transactions and capital raises, while also providing strategic alternatives guidance to family offices. Based in New York, he brings nearly 20 years of experience, previously serving at Truist Securities and being a founding partner at Cresset Capital. His prior roles include positions at J.P. Morgan, where he developed Morgan Private Ventures, and at MSD Capital, managing $2.5B AUM across public and private securities.
Piper Sandler Companies (NYSE: PIPR) and BC Partners Credit have announced a strategic alliance aimed at enhancing debt capital market access for financial services clients. This partnership combines Piper Sandler's Financial Services Debt Capital Markets expertise, which has executed over 550 transactions worth nearly $40 billion in gross proceeds over the past decade, with BC Partners Credit's $8 billion credit platform. The alliance addresses challenges faced by small-cap, mid-cap, and privately-owned banks in executing debt financing following the 2023 Federal Reserve rate hikes and bank failures. The collaboration aims to provide customized structures and financing solutions, with plans to include additional institutional investors over time.
Piper Sandler (NYSE: PIPR) has expanded its energy equity research team with the addition of Derek Podhaizer as director and senior research analyst. Based in New York, Podhaizer will focus on the oilfield services sector. He brings a decade of experience from Barclays, where he served as vice president for their oilfield services equity research team, leading coverage of North America oilfield services and geothermal markets. Michael Cox, co-head of global equities, emphasized that oilfield services is a strategic focus for Piper Sandler, noting they are among few firms offering dedicated coverage in this sector.
Piper Sandler Companies (NYSE: PIPR) announced its third quarter 2024 financial results and declared a quarterly dividend of $0.65 per share. The company has scheduled an earnings conference call for October 25, 2024, at 8:00 a.m. CT. Investors can access the call via phone (888 204-4368 U.S. / +1 773 305-6853 international) using passcode 2158059, or through an audio webcast. A replay will be available on the company's website approximately three hours after the event.
Piper Sandler Companies (NYSE: PIPR) has announced the addition of Brian Vescio as managing director and head of structured products trading to its fixed income team. Vescio, who will be based in New York, is returning to Piper Sandler after previously spending four years with the firm.
Mike Piper, managing director and head of non-depository fixed income at Piper Sandler, expressed excitement about Vescio's return, citing his familiarity with the client base and suitability for the leadership role. Vescio joins from StoneX Group Inc., where he was managing director and head of structured credit. His previous experience includes leading non-agency mortgage and asset-backed securities at Sandler O'Neill and Piper Sandler, as well as heading non-agency mortgage trading at Nomura Securities.
Vescio holds an MBA from Fordham University and a bachelor's degree from Villanova University.
Piper Sandler Companies (NYSE: PIPR), a leading investment bank, has announced it will release its third quarter 2024 financial results before the market opens on Friday, October 25, 2024. The earnings release will be available on the company's website at pipersandler.com/earnings. A conference call to review the financial results will be hosted by key executives, including Chad Abraham (chairman and CEO), Deb Schoneman (president), and Kate Clune (CFO), at 9 a.m. ET (8 a.m. CT) on the same day.
Investors and analysts can participate in the live conference call by dialing 888 204-4368 (U.S.) or +1 773 305-6853 (outside U.S.) with passcode 2158059. A live audio webcast will also be available on the company's website. For questions about accessing the call, contact Piper Sandler Investor Relations at investorrelations@psc.com.
Piper Sandler has completed its 48th semi-annual Taking Stock With Teens庐 survey, partnering with DECA to gather insights from over 13,500 U.S. teens. The survey, conducted in fall 2024, reveals key trends in teen spending and preferences:
- Teen self-reported spending increased 4% to $2,361 compared to the spring survey.
- Nike remains the top brand for apparel and footwear.
- New Balance improved to third place in footwear, doubling its mindshare to 8%.
- Amazon is the top shopping website among upper-income teens.
- The beauty category reached its highest spending levels since 2018 at $342.
- TikTok is the favorite social app, followed by Instagram and Snapchat.
- 87% of teens own an iPhone, with 30% planning to upgrade their Apple hardware.
- Netflix leads in daily video consumption.
- Chick-fil-A is the preferred chain restaurant, followed by McDonald's and Chipotle.
- Teens prefer energy drinks over coffee and soda.
Hormel Foods (NYSE: HRL) has elected Debbra Schoneman, president of Piper Sandler Companies, to its Board of Directors, effective September 21, 2024. Schoneman joins the Audit and Governance Committees of the board. With 34 years of experience at Piper Sandler, including roles as president and CFO, she brings extensive expertise in finance and corporate development.
Jim Snee, chairman, president, and CEO of Hormel Foods, expressed enthusiasm about Schoneman's addition to the board, highlighting her potential contribution to the company's ongoing transformation and growth. Schoneman's background includes board service in public, private, and philanthropic sectors, including her current roles on the Allina Health board and the University of St. Thomas board of trustees.
FAQ
What is the current stock price of Piper Sandler Companies (PIPR)?
What is the market cap of Piper Sandler Companies (PIPR)?
What does Piper Sandler Companies specialize in?
Where is Piper Sandler Companies headquartered?
In which countries does Piper Sandler operate?
What sectors does Piper Sandler focus on?
How does Piper Sandler generate most of its revenue?
What is the mission of Piper Sandler Companies?
Who regulates Piper Sandler's operations?
When was Piper Sandler established?
How can I find more information about Piper Sandler Companies?
What recent achievements has Piper Sandler accomplished?
