Investment Banking Transactions

	Date	Client	Type	Sub-Type	Amt.	Logo	Sector/Sub-Sector	Description	Tombstone Description	PSC Role
Published	02/18/2026	Relation Insurance Services, Inc.	Mergers & Acquisitions	Sell-Side		Image Image Image	Financial Services, Insurance	Piper Sandler served as sell-side advisor for Relation Insurance Services, a portfolio company of Aquiline Capital Partners, on its sale to BayPine	Relation Insurance Services, a portfolio company of Aquiline Capital Partners, on its announced sale to BayPine	Financial Advisor
Published	02/12/2026	Arzan Investment Management	Restructuring	Special Situations Financing		Image	Real Estate, Hospitality	Piper Sandler advised Arzan Investment Management on the private credit financing of its GCC hospitality platform. Debt financing commitment provided by Oaktree Capital Management	Debt Financing	Financial Advisor
Published	02/12/2026	OKYO Pharma	Equity Capital Markets	CMFO		Image	Healthcare, Biopharma	Piper Sandler served as sole manager for OKYO Pharma on its CMFO	Confidentially Marketed Follow-On Offering	Financial Advisor
Published	02/11/2026	Nektar Therapeutics	Equity Capital Markets	Follow-On Offering		Image	Healthcare, Biopharma	Piper Sandler served as bookrunner for Nektar Therapeutics on its follow-on offering	Follow-On Offering	Active Bookrunner
Published	02/11/2026	Cornerstone Capital Bancorp, Inc.	Debt Capital Markets	Subordinated Notes	$35.0 Million	Image	Financial Services, Depositories	Piper Sandler served as sole placement agent for Cornerstone Capital Bancorp, Inc. on its subordinated notes offering	Subordinated Notes	Sole Placement Agent
Published	02/09/2026	National Bank Holdings Corporation	Debt Capital Markets	Subordinated Notes	$150.0 Million	Image	Financial Services, Depositories	Piper Sandler served as sole book-running manager for National Bank Holdings Corporation on its subordinates notes offering	Subordinated Notes	Active Bookrunner
Published	02/05/2026	Saviynt	Equity Private Placements	Minority Capital Raise	$700.0 Million	Image Image Image Image	Technology, Security	Piper Sandler served as financial advisor for Saviynt on its growth equity investment from KKR, Sixth Street Growth and TenEleven Ventures	Saviynt has received a growth equity investment from KKR, Sixth Street Growth and TenEleven Ventures	Financial Advisor
Published	02/04/2026	GAT Airline Ground Support	Mergers & Acquisitions	Sell-Side		Image Image Image Image	Services & Industrials, Industrial Services	Piper Sandler served as sell-side advisor for GAT Airline Ground Support, a portfolio company of Atlantic Street Capital, on its sale to PrimeFlight Aviation Services, a portfolio company of The Sterling Group and Capitol Meridian Partners	GAT Airline Ground Support, a portfolio company of Atlantic Street Capital, has been acquired by PrimeFlight Aviation Services, a portfolio company of The Sterling Group and Capitol Meridian Partners	Financial Advisor
Published	02/03/2026	Webster Financial Corporation	Mergers & Acquisitions	Sell-Side	$12.3 Billion	Image Image	Financial Services, Depositories	Piper Sandler served as sell-side advisor for Webster Financial Corporation on its announced merger with Banco Santander	Webster Financial Corporation has agreed to merge with Banco Santander	Financial Advisor
Published	02/02/2026	Extreme Nitrogen	Mergers & Acquisitions	Sell-Side		Image Image Image	Energy, Power & Infrastructure, Energy & Power Infrastructure, Energy & Power Services & Equipment	Piper Sandler served as sell-side advisor for Extreme Nitrogen on its sale to USA DeBusk LLC, a portfolio company of H.I.G. Capital	Extreme Nitrogen has been acquired by USA DeBusk LLC, a portfolio company of H.I.G. Capital	Financial Advisor
Published	01/31/2026	Superior Energy Services	Mergers & Acquisitions	Buy-Side		Image Image	Energy, Power & Infrastructure, Energy & Power Infrastructure, Energy & Power Services & Equipment	Piper Sandler served as buy-side advisor for Superior Energy Services on its acquisition of Abaco Drilling Technologies	Superior Energy Services has acquired Abaco Drilling Technologies	Financial Advisor
Published	01/29/2026	Gauge Capital	Mergers & Acquisitions	Buy-Side		Image Image	Financial Services, Insurance	Piper Sandler served as buy-side advisor for Gauge Capital on its strategic growth investment in Affordable American Insurance	Affordable American Insurance received a strategic growth investment from Gauge Capital	Financial Advisor
Published	01/29/2026	Lexicon Pharmaceuticals, Inc.	Equity Capital Markets	CMFO	$94.5 Million	Image	Healthcare, Biopharma	Piper Sandler served as bookrunner for Lexicon Pharmaceuticals, Inc. on its CMFO and Pipe	CMFO and PIPE	Active Bookrunner
Published	01/29/2026	Reliable Community Bancshares, Inc.	Debt Capital Markets	Subordinated Notes	$55.0 Million	Image	Financial Services, Depositories	Piper Sandler served as sole placement agent for Reliable Community Bancshares Inc. On its subordinated notes offering	Subordinated Notes	Sole Placement Agent
Published	01/27/2026	Mount Logan Capital	Debt Capital Markets	Senior Notes	$40.0 Million	Image	Financial Services, Asset & Wealth Management	Piper Sandler served as joint book-running manager for Mount Logan Capital on its senior notes offering	Senior Notes	Joint Bookrunner
Published	01/23/2026	Rithm Capital	Equity Capital Markets	Preferred Stock	$250.0 Million	Image	Financial Services, Specialty Finance	Piper Sandler served as joint book-running manager for Rithm Capital on its preferred stock offering	Preferred Stock	Joint Bookrunner
Published	01/23/2026	BioAge Labs	Equity Capital Markets	Follow-On Offering		Image	Healthcare, Biopharma	Piper Sandler served as bookrunner for BioAge Labs, Inc. on its follow-on offering	Follow-On Offering	Active Bookrunner
Published	01/21/2026	Richard Bernstein Advisors	Mergers & Acquisitions	Sell-Side		Image Image	Financial Services, Asset & Wealth Management	Piper Sandler served as sell-side advisor for Richard Bernstein Advisors on its announced sale to Janus Henderson Investors	Richard Bernstein Advisors has agreed to be acquired by Janus Henderson	Active Bookrunner
Published	01/21/2026	BV Investment Partners	Mergers & Acquisitions	Buy-Side		Image Image Image	Financial Services, Insurance	Piper Sandler served as buy-side advisor for BV Investment Partners on its acquisition of Altimeter Solutions Group, the Managed Repair Program division of Alacrity Solutions	BV Investment Partners has acquired Altimeter Solutions Group, the Managed Repair Program division of Alacrity Solutions	Financial Advisor
Published	01/20/2026	Clear Street Capital	Equity Private Placements	Minority Capital Raise	$78.5 Million	Image	Financial Services, FinTech	Piper Sandler served as joint lead placement agent to Clear Street Capital Holdings on an additional senior unsecured notes	Unsecured Notes	Joint Placement Agent