Piper Sandler
Piper Sandler Companies (NYSE: PIPR) is a publicly traded, middle-market-focused investment bank and financial services firm headquartered in Minneapolis, Minnesota, offering a full suite of services including M&A advisory, capital markets, restructuring, institutional brokerage, public finance, and investment research. Founded in 1895, the firm serves corporations, financial institutions, private equity firms, and government entities across more than 60 U.S. offices and several international locations.
“Piper Sandler (NYSE: PIPR) is in talks to buy advisory firm Perella Weinberg Partners (Nasdaq: PWP), per the WSJ.”
“Piper Sandler shares fell nearly 10% yesterday on the news, giving it a $4.6 billion market cap. Perella Weinberg shares surged nearly 12%, pushing its market cap above $1.5 billion.”