Highlighted Transactions



Surgent Holdings LLC

Piper Sandler served as exclusive financial advisor to Surgent Holdings LLC, a portfolio company of Spire Capital, on sale to NexPhase Capital. Terms of the transaction were not disclosed.

Client Description

Surgent is a leading provider of exam preparation and continuing education credits for tax, accounting and healthcare professionals. The company’s tech-enabled platform and proprietary content enables professionals to achieve licensure and complete ongoing compliance requirements throughout their career with market leading outcomes. Surgent is headquartered in Radnor, Pennsylvania.

Counterparty Description

NexPhase is a operationally focused private equity firm targeting entrepreneur-owned, lower middle market companies. The firm focuses on investing within the healthcare, software services and consumer industries and looks to create value through dedicated operating resources, new sales channels, and effective partnerships. Established by former principals of Moelis Capital Partners in 2007, NexPhase maintains a strategic relationship with Moelis & Company and Moelis Asset Management and advises $1.2 billion in capital.