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°µÍø³Ô¹Ï Completes Acquisition of Aviditi Advisors

08/26/2024 | 02:00:00 AM

MINNEAPOLIS--(BUSINESS WIRE)--Aug. 26, 2024-- (NYSE: PIPR), a leading investment bank, today announced that it has completed the acquisition of Aviditi Advisors. Aviditi Advisors is a premier alternative investment bank providing full lifecycle services to financial sponsors, global alternative investment managers and limited partner investors. The firm was co-founded by Ryan Schlitt and John Robertshaw, who have more than 50 years of combined experience as senior management members of leading private placement and advisory groups. Aviditi Advisors will operate as °µÍø³Ô¹Ï’s private capital advisory group.

°µÍø³Ô¹Ï was advised by Sullivan & Cromwell LLP. Willkie Farr & Gallagher LLP, Mayer Brown LLP and Keefe, Bruyette & Woods served as advisors to Aviditi Advisors in connection with the transaction.

ABOUT PIPER SANDLER

°µÍø³Ô¹Ï (NYSE: PIPR) is a leading investment bank driven to help clients Realize the Power of Partnership®. Securities brokerage and investment banking services are offered in the U.S. through °µÍø³Ô¹Ï & Co., member SIPC and NYSE; in the U.K. through °µÍø³Ô¹Ï Ltd., authorized and regulated by the U.K. Financial Conduct Authority; in the EU through Aviditi Capital Advisors Europe GmbH, authorized and regulated by BaFin as a tied agent of AHP Capital Management GmbH; and in Hong Kong through °µÍø³Ô¹Ï Hong Kong Limited, authorized and regulated by the Securities and Futures Commission. Alternative asset management and fixed income advisory services are offered through separately registered advisory affiliates.

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Nick Lawler
Tel: 212 891-8954
nick.lawler@psc.com

Source: °µÍø³Ô¹Ï