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A leading investment bank connecting capital with opportunity since 1895

No. 2

Advisor in U.S. M&A for announced deals <$2B*

No. 1

Bank M&A advisor by number of deals for the 13th consecutive year**

No. 2

Senior underwriter of municipal negotiated U.S. transactions***

No. 1

Financial advisor in U.S. for energy services M&A****

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*Includes U.S. M&A announced activity across all industries with deal value <$2B; rankings based on number of deals announced for the same criteria. Source: Mergermarket. 

**S&P Global Market Intelligence 

***Source: LSEG

****Piper Sandler internal database & Bloomberg league tables as of September 16, 2025. Totals exclude non-M&A, midstream, downstream, E&P and convergence transactions.