Investment Banking Transactions

	Date	Client	Type	Sub-Type	Amt.	Logo	Sector/Sub-Sector	Description	Tombstone Description	PSC Role
Published	03/11/2022	48Forty	Mergers & Acquisitions	Sell-Side		Image Image Image	Services & Industrials, Distribution	Piper Sandler served as financial advisor for 48forty, a portfolio company of Audax, on a significant growth equity investment from Summit Partners	48forty, a portfolio company of Audax, has received a significant growth equity investment from Summit Partners	Co-Lead
Published	03/10/2022	TriMech Solutions, LLC	Mergers & Acquisitions	Sell-Side		Image Image Image	Services & Industrials, Business Services	Piper Sandler served as sell-side advisor for TriMech Group Holdings, LLC, a portfolio company of The Halifax Group, on its sale to Sentinel Capital Partners	TriMech Group Holdings, LLC, a portfolio company of The Halifax Group, has been acquired by Sentinel Capital Partners	Financial Advisor
Published	03/10/2022	LSB Industries Inc.	Financing	Senior Notes	$200.0 Million	Image	Chemicals	Piper Sandler served as joint book-running manager for LSB Industries, Inc. on its add-on offering of senior secured notes	Senior Secured Notes	Active Bookrunner
Published	03/09/2022	Alpha Tau Medical LTD	Financing	PIPE	$92.0 Million	Image	Healthcare, Med-Tech	Piper Sandler served as placement agent for Alpha Tau Medical, Ltd. on a PIPE offering	PIPE	Joint Placement Agent
Published	03/08/2022	Del Taco Restaurants, Inc.	Mergers & Acquisitions	Sell-Side	$572.6 Million	Image Image	Consumer, Restaurants	Piper Sandler served as sell-side advisor for Del Taco Restaurants, Inc. on sale to Jack in the Box Inc.	Del Taco Restaurants, Inc. has been acquired by Jack in the Box Inc.	Financial Advisor
Published	03/08/2022	International Battery Metals	Financing	PIPE	$10.0 Million	Image	Energy, Power & Infrastructure, Renewables & Clean Energy	Piper Sandler served as financial advisor for IBAT on a private placement of common stock with a consortium of undisclosed investors	PIPE	Financial Advisor
Published	03/02/2022	User Zoom. Inc.	Mergers & Acquisitions	Minority Investment		Image Image	Technology, Software	Piper Sandler served as financial advisor for Thoma Bravo, L.P. on a strategic growth investment in User Zoom, Inc. The investment is expected to be used to accelerate innovation and growth for UserZoom's proprietary platforms	Thoma Bravo, L.P. has provided a strategic growth investment in User Zoom, Inc.	Financial Advisor
Published	03/01/2022	Angelo Gordon	Financing	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	Sandy Spring Bancorp	Debt Capital Markets - Depositories, Real Estate & Financial Services	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	Third Coast Bancshares, Inc.	Debt Capital Markets - Depositories, Real Estate & Financial Services	Subordinated Notes	$82.3 Million	Image	Financial Services, Depositories	Piper Sandler served as lead placement agent for Third Coast Bancshares, Inc. on a 5.50% fixed-to-floating rate subordinated notes offering due in 2032	Subordinated Notes	Joint 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	Total Financial Solutions, LLC	Mergers & Acquisitions	Sell-Side		Image Image	Financial Services, Specialty Finance	Piper Sandler served as sell-side advisor for Total Bank Solutions on sale to R&T Deposit Solutions	Total Bank Solutions has been acquired by R&T Deposit Solutions	Financial Advisor
Published	03/01/2022	FFL Partners	Private Capital Advisory	Secondary Capital		Image	Financial Services, Asset & Wealth Management	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	Project Cosmo	Private Capital Advisory	Secondary Capital	$121.0 Million		Financial Services, Asset & Wealth Management	Piper Sandler served as sole financial advisor for the LP Portfolio Sale	LP Portfolio Sale	Secondary Advisor
Published	03/01/2022	Total Bank Solutions	Mergers & Acquisitions	Merger		Image Image	Financial Services, Asset & Wealth Management	Piper Sandler served as financial advisor for Total Bank Solutions on merger with R&T Deposit Solutions	Total Bank Solutions has merged with R&T Deposit Solutions	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	Ellington Financial	Financing	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	Velocity Financial, Inc.	Debt Capital Markets - Depositories, Real Estate & Financial Services	Senior Notes	$215.0 Million	Image	Financial Services, Specialty Finance	Piper Sandler served as sole placement agent for Velocity Financial, Inc. on a 7.125% senior secured notes due in 2032	Senior Notes	Sole Placement Agent
Published	03/01/2022	Veritex Holdings, Inc.	Equity Capital Markets	Follow-On Offering	$150.0 Million	Image	Financial Services, Depositories	Piper Sandler served as co-manager for Veritex on a follow-on offering	Follow-On Offering	Co-Manager
Published	03/01/2022	Trupanion	Financing	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