Investments
53Portfolio Exits
23Funds
2Partners & Customers
6About Piper Sandler
Piper Sandler (NYSE: PIPR) is an international middle-market investment bank and institutional securities firm, serving the needs of middle-market corporations, private equity groups, public entities, nonprofit clients and institutional investors. The company was founded in 1985 an di based in Minneapolis, Minnesota.
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CB Insights Intelligence Analysts have mentioned Piper Sandler in 1 CB Insights research brief, most recently on Nov 22, 2021.
Latest Piper Sandler News
Jan 30, 2023
01/30/2023 | 06:25am EST Message : Transcat (TRNS) is expected to report $0.20 for 3Q. United States Lime & Minerals Inc (USLM) is expected to report for 4Q. Whirlpool Corp (WHR) is expected to report $3.20 for 4Q. Woodward Inc (WWD) is expected to report $0.63 for 1Q. ANALYST RATINGS ACTIONS Alaska Air Group Cut to Peer Perform From Outperform by Wolfe Research Aveanna Healthcare Cut to Underperform From Neutral by Credit Suisse Bridgewater Bancshares Cut to Neutral From Overweight by Piper Sandler Cabaletta Bio Raised to Overweight From Equal-Weight by Morgan Stanley CBRE Group Cut to Market Perform From Outperform by Keefe, Bruyette & Woods Chewy Raised to Outperform From Neutral by Wedbush Confluent Cut to Neutral From Buy by UBS Datadog Cut to Neutral From Buy by BTIG Fortinet Cut to Neutral From Buy by Mizuho Hasbro's Transformation Is Being Assembled -- Analysis Hess Corp Cut to Neutral From Buy by Goldman Sachs Iovance Biotherapeutics Raised to Overweight From Neutral by Piper Sandler Las Vegas Sands Raised to Buy From Hold by Argus Research McCormick & Co Raised to Outperform From Market Perform by Bernstein Northrop Grumman Cut to Market Perform From Outperform by Cowen & Co. Northrop Grumman Cut to Peer Perform From Outperform by Wolfe Research Origin Bancorp Cut to Neutral From Overweight by Piper Sandler Plexus Raised to Buy From Neutral by Sidoti & Co. Polaris Cut to Neutral From Buy by UBS Premier Raised to Neutral From Underperform by Credit Suisse Ralph Lauren Cut to Mixed From Positive by OTR Global Ralph Lauren Cut to Underperform From Market Perform by BMO Capital Steel Dynamics Cut to Neutral From Buy by Goldman Sachs Take-Two Interactive Raised to Outperform From Market Perform by MoffettNathanson Taysha Gene Therapies Cut to Equal-Weight From Overweight by Morgan Stanley Teradyne Cut to Hold From Buy by Loop Capital Viatris Raised to Buy From Hold by Jefferies Vir Biotechnology Raised to Equal-Weight From Underweight by Morgan Stanley Y-mAbs Therapeutics Cut to Underweight From Equal-Weight by Morgan Stanley This article is a text version of a Wall Street Journal newsletter published earlier today. (END) Dow Jones Newswires
Piper Sandler Investments
53 Investments
Piper Sandler has made 53 investments. Their latest investment was in Alfalfa as part of their Seed on December 12, 2022.
Piper Sandler Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
12/7/2022 | Seed | Alfalfa | $2M | Yes | Algorand, Blue Falcon Capital, HighTower, Jake Kassan, Jefferies, Piper Sandler, Sean Johnson, Undisclosed Angel Investors, and Undisclosed Investors | 3 |
8/1/2022 | Series B - II | Structure Therapeutics | $33M | Yes | 5 | |
7/25/2022 | Series C | Cleerly | $192M | Yes | 8 | |
6/1/2022 | Series B | |||||
5/11/2022 | Series A |
Date | 12/7/2022 | 8/1/2022 | 7/25/2022 | 6/1/2022 | 5/11/2022 |
|---|---|---|---|---|---|
Round | Seed | Series B - II | Series C | Series B | Series A |
Company | Alfalfa | Structure Therapeutics | Cleerly | ||
Amount | $2M | $33M | $192M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | Algorand, Blue Falcon Capital, HighTower, Jake Kassan, Jefferies, Piper Sandler, Sean Johnson, Undisclosed Angel Investors, and Undisclosed Investors | ||||
Sources | 3 | 5 | 8 |
Piper Sandler Portfolio Exits
23 Portfolio Exits
Piper Sandler has 23 portfolio exits. Their latest portfolio exit was GutCheck on October 26, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
10/26/2022 | Acquired | 4 | |||
5/18/2021 | IPO | Public | 5 | ||
10/9/2020 | IPO | Public | 2 | ||
Date | 10/26/2022 | 5/18/2021 | 10/9/2020 | ||
|---|---|---|---|---|---|
Exit | Acquired | IPO | IPO | ||
Companies | |||||
Valuation | |||||
Acquirer | Public | Public | |||
Sources | 4 | 5 | 2 |
Piper Sandler Acquisitions
13 Acquisitions
Piper Sandler acquired 13 companies. Their latest acquisition was DBO Partners on July 06, 2022.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
7/6/2022 | Acquired | 1 | ||||
1/5/2022 | Acquired | 3 | ||||
10/14/2021 | Acquired | 1 | ||||
12/9/2020 | ||||||
2/21/2020 |
Date | 7/6/2022 | 1/5/2022 | 10/14/2021 | 12/9/2020 | 2/21/2020 |
|---|---|---|---|---|---|
Investment Stage | |||||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acquired | Acquired | Acquired | ||
Sources | 1 | 3 | 1 |
Piper Sandler Fund History
2 Fund Histories
Piper Sandler has 2 funds, including Piper Heartland Healthcare Crossover Fund I.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
3/2/2022 | Piper Heartland Healthcare Crossover Fund I | $200M | 1 | ||
10/10/2018 | Piper Jaffray Merchant Banking Fund II |
Closing Date | 3/2/2022 | 10/10/2018 |
|---|---|---|
Fund | Piper Heartland Healthcare Crossover Fund I | Piper Jaffray Merchant Banking Fund II |
Fund Type | ||
Status | ||
Amount | $200M | |
Sources | 1 |
Piper Sandler Partners & Customers
6 Partners and customers
Piper Sandler has 6 strategic partners and customers. Piper Sandler recently partnered with National Association of Federally-Insured Credit Unions on January 1, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
1/17/2023 | Partner | United States | NAFCU Announces Piper Sandler as Preferred Partner for Balance Sheet Management Services `` We 're proud to welcome Piper Sandler as a partner , their commitment to the Credit Union Industry through their advisory and capital markets services , will help guide credit unions through the complexities of today 's global markets , '' said Randy Salser , NAFCU Services Corporation President . | 1 | |
5/16/2019 | Vendor | ||||
7/12/2018 | Partner | ||||
2/24/2017 | Partner | ||||
4/5/2004 | Vendor |
Date | 1/17/2023 | 5/16/2019 | 7/12/2018 | 2/24/2017 | 4/5/2004 |
|---|---|---|---|---|---|
Type | Partner | Vendor | Partner | Partner | Vendor |
Business Partner | |||||
Country | United States | ||||
News Snippet | NAFCU Announces Piper Sandler as Preferred Partner for Balance Sheet Management Services `` We 're proud to welcome Piper Sandler as a partner , their commitment to the Credit Union Industry through their advisory and capital markets services , will help guide credit unions through the complexities of today 's global markets , '' said Randy Salser , NAFCU Services Corporation President . | ||||
Sources | 1 |
Piper Sandler Team
42 Team Members
Piper Sandler has 42 team members, including current Managing Director, Jeffrey Fivecoat.
Name | Work History | Title | Status |
|---|---|---|---|
Jeffrey Fivecoat | Baird, RED Capital Group, and OhioHealth | Managing Director | Current |
Name | Jeffrey Fivecoat | ||||
|---|---|---|---|---|---|
Work History | Baird, RED Capital Group, and OhioHealth | ||||
Title | Managing Director | ||||
Status | Current |
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