Highlighted Transactions



Relay Network

Relay Network successfully raised $30 million in the form of a convertible preferred equity financing to fund a minority recapitalization, with some funds dedicated to future growth needs. Piper Sandler served as sole equity placement agent to Relay Network.

Client Description

Relay Network, headquartered in greater Philadelphia, PA, delivers value to businesses and their customers by giving them a private engagement channel to exchange information and navigate customer experiences. Users connect with businesses to receive a personalized stream of service-oriented communications that guide them through critical moments in the customer lifecycle.

Investor Description

LLR Partners is a middle market private equity firm with a focus on technology, healthcare and services businesses. Founded in 1999, LLR Partners has raised more than $3.5 billion across five funds.