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°µÍø³Ô¹Ï Completes Acquisition of Leading Restructuring Firm TRS Advisors

12/31/2020 | 03:00:00 PM

MINNEAPOLIS--(BUSINESS WIRE)--Dec. 31, 2020-- °µÍø³Ô¹Ï (NYSE: PIPR), a leading investment bank, today announced that it has completed the acquisition of TRS Advisors. TRS Advisors and its senior bankers have been integral to some of the most complex restructuring transactions in public, private, and government settings. TRS Advisors will operate as °µÍø³Ô¹Ï’s restructuring group and will be led by 30-year veteran restructuring banker Todd R. Snyder.

°µÍø³Ô¹Ï was advised by Faegre Drinker Biddle & Reath LLP and Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal advisor to TRS Advisors in connection with the transaction.

About °µÍø³Ô¹Ï 

As a leading investment bank, we enable growth and success for our clients through deep sector expertise, candid advice and a differentiated, highly productive culture. We transcend transactions to define possibilities—enabling clients to achieve their short-term goals while realizing their long-term vision. Founded in 1895, the firm is headquartered in Minneapolis with offices across the United States and in London, Aberdeen and Hong Kong. .

°µÍø³Ô¹Ï (NYSE: PIPR) is a leading investment bank driven to help clients Realize the Power of Partnership®. TRS Advisors was acquired by °µÍø³Ô¹Ï and is a brand name used by the restructuring group of the °µÍø³Ô¹Ï & Co. investment banking division. Securities brokerage and investment banking services are offered in the U.S. through °µÍø³Ô¹Ï & Co., member SIPC and NYSE; in Europe through °µÍø³Ô¹Ï Ltd., authorized and regulated by the U.K. Financial Conduct Authority; and in Hong Kong through °µÍø³Ô¹Ï Hong Kong Limited, authorized and regulated by the Securities and Futures Commission. Private equity strategies and fixed income advisory services are offered through separately registered advisory affiliates.

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©2020. Since 1895. °µÍø³Ô¹Ï. 800 Nicollet Mall, Minneapolis, Minnesota 55402-7036

Pamela Steensland
Tel: 612 303-8185
pamela.steensland@psc.com

Tim Carter
Chief Financial Officer
Tel: 612 303-5607
timothy.carter@psc.com

Source: °µÍø³Ô¹Ï