Investment Banking Transactions

	Date	Client	Type	Sub-Type	Amt.	Logo	Sector/Sub-Sector	Description	Tombstone Description	PSC Role
Published	03/01/2022	Broadway Bancshares, Inc.	Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing	Subordinated Notes	$50.0 Million	Image	Financial Services, Depositories	Piper Sandler served as sole placement agent for Broadway Bank on a 3.75% fixed-to floating rate subordinated notes offering due in 2032	Subordinated Notes	Sole Placement Agent
Published	03/01/2022	First Savings Financial Group, Inc.	Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing	Subordinated Notes	$31.0 Million	Image	Financial Services, Depositories	Piper Sandler served as lead placement agent for First Savings Financial Group, Inc. on a 4.50% fixed-to-floating rate subordinated notes offering due in 2032	Subordinated Notes	Joint Placement Agent
Published	03/01/2022	Angelo Gordon	Financing, Equity Capital Markets	Strategic Advisory	$97.5 Million	Image	Financial Services, Asset & Wealth Management	Piper Sandler served as referral agent for Angelo Gordon on an AG asset based credit fund	AG Asset Based Credit Fund	Financial Advisor
Published	03/01/2022	Coastal Carolina Bancshares, Inc.	Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing	Subordinated Notes	$10.0 Million	Image	Financial Services, Depositories	Piper Sandler served as sole placement agent for Coastal Carolina Bancshares, Inc. on a 4.00% fixed-to-floating rate subordinated notes offerin due in 2032	Subordinated Notes	Sole Placement Agent
Published	03/01/2022	Southcross Energy Partners	Mergers & Acquisitions	Sell-Side		Image Image	Energy, Power & Infrastructure, Energy & Power Infrastructure	Piper Sandler served as sell-side advisor for Southcross Energy Partners on sale to Targa Resources Corp	Southcross Energy Partners has sold to Targa Resources Corp	Financial Advisor
Published	03/01/2022	Sumridge Partners	Mergers & Acquisitions	Sell-Side		Image Image	Financial Services, FinTech	Piper Sandler served as sell-side advisor for Sumridge Partners on sale to Raymond James	Sumridge Partners has been acquired by Raymond James	Financial Advisor
Published	03/01/2022	Cambridge Financial Group, Inc.	Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing	Subordinated Notes	$70.0 Million	Image Image	Financial Services, Depositories	Piper Sandler served as sole placement agent for Cambridge Financial Group, Inc., holding company for Cambridge Savings Bank, 3.625% fixed-to-floating rate subordinated notes offering due in 2032	Subordinated Notes	Sole Placement Agent
Published	03/01/2022	Sandy Spring Bancorp	Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing	Subordinated Notes	$200.0 Million	Image	Financial Services, Depositories	Piper Sandler served as sole bookrunner for Sandy Spring Bancorp on a 3.875% fixed-to-floating rate subordinated notes offering	Subordinated Notes	Left Bookrunner
Published	03/01/2022	FFL Partners	Private Capital Advisory, Secondary Capital	Secondary Capital		Image	Private Capital Advisory	Piper Sandler served as sole financial advisor to FFL partners for its Multi Asset Continuation Vehicle	Multi Asset Continuation Vehicle	Secondary Advisor
Published	03/01/2022	Trupanion	Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services	Revolving Credit Facility	$150.0 Million	Image	Financial Services, Insurance	Piper Sandler Finance served as sole underwriter and administrative agent for Trupanion on a senior secured term loan, delayed draw term loan and revolver	Senior Secured Term Loan Delayed Draw Term Loan & Revolver	Sole Underwriter
Published	03/01/2022	Hometown Financial Group	Mergers & Acquisitions	Buy-Side	$146.5 Million	Image Image	Financial Services, Depositories	Piper Sandler served as buy-side advisor for Hometown Financial Group on acquisition of Randolph Bancorp, Inc.	Hometown Financial Group has acquired Randolph Bancorp, Inc.	Financial Advisor
Published	03/01/2022	Ellington Financial	Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services	Senior Notes	$210.0 Million	Image	Financial Services	Piper Sandler served as sole initial purchaser for Ellington Financial on a 5.875% senior notes due in 2027	Senior Notes	Sole Admin Agent
Published	03/01/2022	Amerant Bancorp Inc.	Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing	Subordinated Notes	$30.0 Million	Image	Financial Services, Depositories	Piper Sandler served as sole placement agent for Amerant on a 4.25% fixed-to-floating rate subordinated notes offering due in 2032	Subordinated Notes	Sole Placement Agent
Published	03/01/2022	MPIE Limited	Mergers & Acquisitions	Sell-Side		Image Image	Financial Services, Insurance	Piper Sandler served as sell-side advisor for MPIE Limited on sale to Constellation	MPIE Limited has been acquired by Constellation, Inc.	Financial Advisor
Published	03/01/2022	Eagle Financial Services, Inc.	Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing	Subordinated Notes	$30.0 Million	Image	Financial Services, Depositories	Piper Sandler served as sole placement agent for Eagle Financial Services, Inc. on a 4.50% fixed-to-floating rate subordinated notes offering due in 2032	Subordinated Notes	Sole Placement Agent
Published	03/01/2022	ProFrac Holding Corp.	Mergers & Acquisitions	Buy-Side		Image $profracservicesllc.png$ Image	Energy, Power & Infrastructure, Energy & Power Infrastructure, Energy & Power Services & Equipment	Piper Sandler served as buy-side advisor for ProFrac on acquisition of FTS International	ProFrac has acquired FTS International	Financial Advisor
Published	03/01/2022	Global Alternative Asset Manager	Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services	Senior Notes	$57.0 Million		Financial Services, Asset & Wealth Management	Piper Sandler served as sole placement agent for a global alternative asset manager on a senior secured notes offering	Senior Secured Notes Offering	Sole Placement Agent
Published	02/28/2022	Western Alliance Bancorporation	Equity Capital Markets	At the Market Offering	$3.0 Billion	Image	Financial Services, Depositories	Piper Sandler served as placement agent for Western Alliance Bancorporation on an ATM offering	ATM	Sole Placement Agent
Published	02/28/2022	The Research Partnership	Mergers & Acquisitions	Sell-Side		Image Image Image	Healthcare, Healthcare Services	Piper Sandler served as sell-side advisor for The Research Partnership on sale to Ashfield Huntsworth, a portfolio company of Clayton Dubilier & Rice	The Research Partnership has been acquired by Ashfield Huntsworth, a portfolio company of Clayton Dubilier & Rice	Financial Advisor
Published	02/28/2022	Galderma Holding S.A.	Mergers & Acquisitions	Division Carve Out		Image Image Image Image	Consumer, Beauty & Personal Care, Healthcare, Biopharma	Piper Sandler served as sell-side advisor for Galderma S.A., a portfolio company EQT, on divestiture of Alchemee (formerly the Proactiv Company) to Taro Pharmaceuticals Industries Ltd.	Galderma S.A., a portfolio company EQT, has divested Alchemee (formerly the Proactiv Company) to Taro Pharmaceuticals Industries Ltd.	Financial Advisor