Investment Banking Transactions

	Date	Client	Type	Sub-Type	Amt.	Logo	Sector/Sub-Sector	Description	Tombstone Description	PSC Role
Published	03/01/2022	OTC Markets Group Inc.	Mergers & Acquisitions	Sell-Side		Image	Financial Services, FinTech	Piper Sandler served as sell-side advisor for OTC Markets on sale to Blue Sky Data Corp	OTC Markets has been acquired by Blue Sky Data Corp	Financial Advisor
Published	03/01/2022	Amerant Bancorp Inc.	Debt Capital Markets - Depositories, Real Estate & Financial Services	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	First Savings Financial Group, Inc.	Debt Capital Markets - Depositories, Real Estate & Financial Services	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	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	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	Broadway Bancshares, Inc.	Debt Capital Markets - Depositories, Real Estate & Financial Services	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	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	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	Cambridge Financial Group, Inc.	Debt Capital Markets - Depositories, Real Estate & Financial Services	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	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
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	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	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	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	Seacoast Banking Corporation of Florida	Mergers & Acquisitions	Buy-Side	$168.3 Million	Image Image	Financial Services, Depositories	Piper Sandler served as buy-side advisor for Seacoast Banking Corporation of Florida on acquisition of Apollo Bank	Seacoast Banking Corporation of Florida has acquired Apollo Bank	Financial Advisor
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
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	VanZandt Controls, LLC	Mergers & Acquisitions	Sell-Side		Image Image Image Image	Energy, Power & Infrastructure, Energy & Power Infrastructure, Energy & Power Services & Equipment	Piper Sandler served as sell-side advisor for VanZandt Controls, LLC, a portfolio company of OFS Energy Fund, on sale to Eagle Automation, a portfolio company of Featheringill Capital	VanZandt Controls, LLC, a portfolio company of OFS Energy Fund, has been acquired by Eagle Automation, a portfolio company of Featheringill Capital	Financial Advisor
Published	02/23/2022	Paramount Rx	Mergers & Acquisitions	Sell-Side		Image Image Image	Healthcare, Healthcare Services	Piper Sandler served as sell-side advisor for Paramount Rx Inc. on sale to RxSense Group LLC, a portfolio company of Parthenon Capital	Paramount Rx Inc. has been acquired by RxSense Group LLC, a portfolio company of Parthenon Capital	Financial Advisor