Investment Banking Transactions

	Date	Client	Type	Sub-Type	Amt.	Logo	Sector/Sub-Sector	Description	Tombstone Description	PSC Role
Published	12/11/2025	Tenaya Therapeutics	Equity Capital Markets	CMFO		Image	Healthcare, Biopharma	Piper Sandler served as bookrunner for Tenaya Therapeutics on its CMFO	Confidentially Marketed Follow-On Offering	Active Bookrunner
Published	12/11/2025	Grasshopper Bank	Mergers & Acquisitions	Fairness Opinion	$369.0 Million	Image Image	Financial Services, Depositories, Specialty Finance	Piper Sandler served as financial advisor for Grasshopper Bank on its announced sale to Enova International	Grasshopper Bank has agreed to be acquired by Enova International	Financial Advisor
Published	12/11/2025	Miami International Holdings, Inc.	Equity Capital Markets	Follow-On Offering		Image	Financial Services, FinTech	Piper Sandler served as bookrunner for Miami International Holdings, Inc. on its follow-on offering	Follow-On Offering	Active Bookrunner
Published	12/11/2025	USA Industries	Mergers & Acquisitions	Sell-Side		Image Image Image	Energy, Power & Infrastructure, Energy & Power Services & Equipment	Piper Sandler served as sell-side advisor for USA Industries, a portfolio company of Sky Island Capital, on its sale to Levine Leichtman Capital Partners	USA Industries, a portfolio company of Sky Island Capital, has been acquired by Levine Leichtman Capital Partners	Financial Advisor
Published	12/11/2025	EMC National Life Insurance	Mergers & Acquisitions	Division Carve Out		Image Image Image Image	Financial Services, Insurance	Piper Sandler served as financial advisor for EMC Insurance on its announced sale of its Life Insurance Business to Avocet Partners with a significant investment by Oaktree Capital Management and Lane42	EMC Insurance has announced the sale of its Life Insurance Business to Avocet Partners, with a significant investment by Oaktree Capital Management and Lane42	Financial Advisor
Published	12/10/2025	Northpointe Bancshares, Inc.	Debt Capital Markets, Debt Capital Markets - Depositories, Real Estate & Financial Services	Subordinated Notes	$70.0 Million	Image	Financial Services, Depositories	Piper Sandler served as lead placement agent for Northpointe Bancshares Inc. on its subordinated notes offering	Subordinated Notes	Sole Placement Agent
Published	12/10/2025	SILAC	Mergers & Acquisitions	Sell-Side		Image Image	Financial Services, Insurance	Piper Sandler served as sell-side advisor for SILAC on its announced sale to Hildene Capital Management	SILAC has agreed to be acquired by Hildene Capital Management	Financial Advisor
Published	12/09/2025	WSFS Financial Corporation	Debt Capital Markets, Debt Capital Markets - Depositories, Real Estate & Financial Services	Senior Notes	$200.0 Million	Image	Financial Services, Depositories	Piper Sandler served as lead left book-running manager for WSFS Financial Corporation on its senior notes offering	Senior Notes	Left Bookrunner
Published	12/08/2025	Ancala Partners	Mergers & Acquisitions	Buy-Side		Image Image Image	Chemicals	Piper Sandler served as buy-side advisor for Ancala Partners on its acquisition of Valentra from Hexion	Ancala has acquired Valentra from Hexion	Financial Advisor
Published	12/08/2025	Protara Therapeutics	Equity Capital Markets	CMFO	$75.0 Million	Image	Healthcare, Biopharma	Piper Sandler served as bookrunner for Protara Therapeutics on its CMFO	Confidentially Marketed Follow-On Offering	Active Bookrunner
Published	12/08/2025	Mountain Commerce Bancorp	Mergers & Acquisitions	Sell-Side	$150.1 Million	Image Image	Financial Services, Depositories	Piper Sandler served as sell-side advisor for Mountain Commerce Bancorp on its announced merge with Home Bancsahres, Inc.	Mountain Commerce Bancorp has agreed to merge with Associated Banc-Corp	Financial Advisor
Published	12/05/2025	Capricor Therapeutics	Equity Capital Markets	CMFO	$172.5 Million	Image	Healthcare, Biopharma	Piper Sandler served as bookrunner for Capricor Therapeutics on its CMFO	Confidentially Marketed Follow-On Offering	Left Bookrunner
Published	12/02/2025	Kestra Medical Technologies	Equity Capital Markets	Follow-On Offering	$158.7 Million	Image	Healthcare, Med-Tech	Piper Sandler served as bookrunner for Kestra Medical Technologies on its follow-on offering	Follow-On Offering	Active Bookrunner
Published	12/01/2025	Litman Gregory Wealth Management	Mergers & Acquisitions	Sell-Side		Image Image Image	Financial Services, Asset & Wealth Management	Piper Sandler served as sell-side advisor for iM Global Partner on its sale of RIA affiliate Litman Gregory Wealth Management to Beacon Pointe Advisors	iM Global Partner has sold Litman Gregory to Beacon Pointe	Financial Advisor
Published	12/01/2025	Breeze Autocare	Mergers & Acquisitions	Sell-Side		Image Image Image	Services & Industrials, Automotive Aftermarket	Piper Sandler served as sell-side advisor for Breeze Autocare, a portfolio company of Grennbriar Equity Group, on its sale to Valvoline	Breeze Autocare, a portfolio company of Greenbriar, has been acquired by Valvoline	Financial Advisor
Published	12/01/2025	American National Corporation	Mergers & Acquisitions	Sell-Side	$604.0 Million	Image Image	Financial Services, Depositories	Piper Sandler served as sell-side advisor for American National Corporation on its announced merger with Associated Banc-Corp	The holding company for American National Bank has agreed to merge with Associated Banc-Corp	Financial Advisor
Published	11/28/2025	Brooge Petroleum and Gas Investment Company	Mergers & Acquisitions	Sell-Side		Image Image	Energy, Power & Infrastructure, Energy & Power Services & Equipment	Piper Sandler served as sell-side advisor for Brooge Petroleum and Gas Investment Company on its sale of assets and subsidiaries to Gulf Navigation	Brooge Petroleum and Gas Investment Company has sold its assets and subsidiaries to Gulf Navigation	Financial Advisor
Published	11/25/2025	Bowhead Specialty Holdings	Debt Capital Markets	Senior Notes	$150.0 Million	Image	Financial Services, Insurance	Piper Sandler served as bookrunner for Bowhead Specialty Holding's senior notes offering	Senior Notes	Joint Bookrunner
Published	11/24/2025	Blue Foundry Bancorp	Mergers & Acquisitions	Sell-Side	$243.0 Million	Image Image	Financial Services, Depositories	Piper Sandler served as sell-side advisor for Blue Foundry Bancorp on its announced merger with Fulton Financial Corporation	Blue Foundry Bancorp has agreed to merge with Fulton Financial Corporation	Financial Advisor
Published	11/21/2025	Citizens National Bank of Texas	Debt Capital Markets	Subordinated Notes	$35.0 Million	Image	Financial Services, Depositories	Piper Sandler served as sole placement agent for Citizens National Bank of Texas on its subordinated notes offering	Subordinated Notes	Sole Placement Agent