Piper Jaffray Companies and Sandler O’Neill + Partners, L.P. confirmed media reports of an acquisition by officially announcing that they signed a definitive agreement giving Piper Jaffray the right to acquire 100 percent of the equity and partnership interests of Sandler O’Neill for $485 million. The proposed acquisition will combine Sandler O’Neill, which has been… Read More >>
Piper Jaffray Sells Off Asset Management Businesses
Investment bank Piper Jaffray Companies is leaving the asset management realm via the sale of its Advisory Research Inc. (ARI) businesses, which will help the firm sharpen its IB focus, officials say. Piper Jaffray acquired ARI in 2010, and during the past nine years, “the asset management industry has continued to evolve in terms of… Read More >>
Piper Jaffray Will Acquire Weeden & Co.
Piper Jaffray Companies, which encompasses an investment bank and asset management firm, has acquired 100 percent of broker-dealer Weeden & Co. in a move that will combine Weeden’s agency execution support for equities with Piper’s research sales platform. The combination will target institutional clients requiring execution services, officials say. “The combined trading platform will be… Read More >>
