Piper Jaffray Merchant Banking

Piper Jaffray Merchant Banking is the private equity arm of Piper Sandler Companies, specializing in growth-stage investments. The firm manages funds that invest in commercial-stage businesses with strong growth prospects within sectors covered by Piper Sandler's equity research and investment banking services. Focus areas include healthcare, technology, business services, financial technology, and consumer sectors. Investments typically range from $5 million to $15 million per company, targeting late-stage growth equity opportunities with a defined path to liquidity within a three- to five-year timeframe. The firm's strategy leverages Piper Sandler's personnel, expertise, and relationships to identify exceptional growth company investments, accelerate their success, and guide them to successful exits. Since its inception, Piper Jaffray Merchant Banking has made numerous investments and generated multiple liquidity events, including the sale of Sport Ngin to Comcast NBC Sports, the sale of Torax Medical to Johnson & Johnson, and the sale of LogRhythm to private equity firm Thoma Bravo. The firm's approach combines deep product and sector expertise with ready access to global capital, aiming to deliver exceptional guidance and advice to its portfolio companies.

Piper Jaffray Merchant Banking operates as a part of the asset management business of Piper Sandler Companies, a leading investment bank and asset management firm. The firm is headquartered in Minneapolis, Minnesota, and has offices across the United States and in London, Aberdeen, and Hong Kong. This global presence allows Piper Jaffray Merchant Banking to provide cross-border M&A advice, access international capital markets, and offer localized expertise in key global industries. The firm's comprehensive suite of products and services includes equity and debt capital markets, public finance, institutional brokerage, investment management, and securities research, serving corporations, institutional investors, and public entities.

Since its founding in 1895, Piper Sandler Companies has been committed to delivering exceptional guidance and advice to its clients. The merger of Piper Jaffray and Sandler O'Neill in 2020 created one of the broadest and most capable full-service investment banking platforms on Wall Street, complemented by one of the largest securities distribution and trading franchises with market-leading research aligned to serve the middle market. This strategic combination has enhanced the firm's ability to provide comprehensive financial solutions and has solidified its position as a leading player in the investment banking industry.