Investment Banking Transactions

	Date	Client	Type	Sub-Type	Amt.	Logo	Sector/Sub-Sector	Description	Tombstone Description	PSC Role
Published	06/03/2021	Trusted Capital Group	Mergers & Acquisitions	Sell-Side		Image Image	Financial Services, Asset & Wealth Management	Piper Sandler served as sell-side advisor for Trusted Capital Group on sale to HUB	Trusted Capital Group has been acquired by HUB	Financial Advisor
Published	06/03/2021	Mid Penn Bancorp	Mergers & Acquisitions	Buy-Side	$125.0 Million	Image Image	Financial Services, Depositories	Piper Sandler served as buy-side advisor for Mid Penn Bancorp on acquisition of Riverview Financial Corporation	Mid Penn Bancorp has acquired Riverview Financial Corporation	Financial Advisor
Published	06/02/2021	Midwest BankCentre	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 Midwest BankCentre on a 4.00% fixed-to-floating subordinated notes offering due in 2036	Subordinated Notes	Sole Placement Agent
Published	06/02/2021	HBT Financial	Mergers & Acquisitions	Buy-Side	$42.5 Million	Image Image	Financial Services, Depositories	Piper Sandler served as buy-side advisor for HBT Financial on acquisition of NXT Bank	HBT Financial has acquired NXT Bank	Financial Advisor
Published	06/02/2021	Schumacher Electric	Financing, Debt Capital Markets	Senior Term Loan	$148.0 Million	Image Image	Services & Industrials, Transportation & Logistics	Piper Sandler served as sole debt placement agent for Schumacher Electric Corporation, a portfolio company of Lincolnshire Management, on its debt financing	Senior Term Loan	Sole Placement Agent
Published	06/01/2021	Frontier Bancshares	Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing	Subordinated Notes	$55.0 Million	Image	Financial Services, Depositories	Piper Sandler served as lead placement agent for Frontier Bancshares, holding company for Horizon Bank, on a 3.25% fixed-to-floating rate subordinated notes offering due in 2031	Subordinated Notes	Joint Placement Agent
Published	06/01/2021	Ontarioro Teachers' Pension Plan (OTPP) & Burton's Biscuits Company	Mergers & Acquisitions	Sell-Side		Image Image Image	Consumer, Food & Beverage	Piper Sandler acted as sell-side advisor for Burton's Biscuits, a portfolio company of OTPP, on sale to Ferrero	Burton's Biscuits, a portfolio company of OTPP, has been acquired by Ferrero	Financial Advisor
Published	06/01/2021	Liberty Commercial Finance	Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing	Senior Notes	$30.0 Million	Image	Financial Services, Specialty Finance	Piper Sandler served as sole placement agent for Liberty Commericla Finance on a 6.00% senior unsecured notes offering due in 2026	Senior Notes	Sole Placement Agent
Published	06/01/2021	Ready Capital	Financing, Equity Capital Markets	Preferred Stock	$115.0 Million	Image	Financial Services, Real Estate	Piper Sandler served as bookrunner for Ready Capital on a 6.50% fixed-rate non-cumulative perpetual preferred stock offering	Preferred Stock	Active Bookrunner
Published	06/01/2021	1st Capital Bancorp	Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing	Subordinated Notes	$15.0 Million	Image	Financial Services, Depositories	Piper Sandler served as sole placement agent for 1st Capital Bancorp on a 4.00% fixed-to-floating rate subordinated notes offering due in 2031	Subordinated Notes	Sole Placement Agent
Published	06/01/2021	Preferred Bank	Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing	Subordinated Notes	$150.0 Million	Image	Financial Services, Depositories	Piper Sandler served as left bookrunner for Preferred Bank on a 3.375% fixed-to-floating rate subordinated notes offering due in 2031	Subordinated Notes	Left Bookrunner
Published	06/01/2021	Centurion American Development Group	Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services	Senior Notes	$14.8 Million	Image	Financial Services, Real Estate	Piper Sandler served as sole placement agent for Centurion American Development Group on a 6.50% senior secured notes offering due in 2026	Senior Notes	Sole Placement Agent
Published	06/01/2021	American AgCredit	Equity Capital Markets, Financing	Preferred Stock	$300.0 Million	Image	Financial Services	Piper Sandler seved as left bookrunner for American AgCredit on a 5.250% fixed-rate reset perpetual preferred stock offering	Preferred Stock	Left Bookrunner
Published	06/01/2021	Princeton Equity Group	Private Capital Advisory, Private Funds	Private Funds	$352.0 Million	Image	Financial Services, Asset & Wealth Management	Piper Sandler served as sole placement agent for Princeton Equity Group on the raise of hard cap for first-time buyout fund	Fund I	Sole Placement Agent
Published	06/01/2021	Isabella Bank Corporation	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 Isabella Bank Corporation on a 3.25% fixed-to-floating rate subordinated notes offering due in 2031	Subordinated Notes	Sole Placement Agent
Published	06/01/2021	BayFirst Solutions	Mergers & Acquisitions	Sell-Side		Image Image Image	Technology, Defense & Government	Piper Sandler served as sell-side advisor for BayFirst Solutions on its sale to Versar, a portfolio company of Kingswood Capital Management	BayFirst Solutions has been acquired by Versar, a portfolio company of Kingswood Capital Management	Financial Advisor
Published	06/01/2021	Bamboo Ide8 Insurance Services	Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services	Revolving Credit Facility		Image	Financial Services, Insurance	Piper Sandler served as sole underwriter for Bamboo Ide8 Insurance Services on a credit facility	Credit Facility	Sole Underwriter
Published	06/01/2021	Coeur d'Alene Bancorp	Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing	Subordinated Notes	$5.0 Million		Financial Services, Depositories	Piper Sandler served as sole financial advisor for Coeur d'Alene Bancorp on a 4.50% fixed-to-floating rate subordinated notes offering due in 2031	Subordinated Notes	Financial Advisor
Published	06/01/2021	TS Bank	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 TS Bank on a 5.00% fixed-to-floating rate subordinated notes offering due in 2031	Subordinated Notes	Sole Placement Agent
Published	06/01/2021	Legal Business Services	Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing	Senior Notes	$50.0 Million	Image	Financial Services, Specialty Finance	Piper Sandler served as lead placement agent for Legal Business Services on a 8.00% senior notes offering due in 2026	Senior Notes	Joint Placement Agent