Piper Sandler

Founded in Minneapolis in 1895, Piper Sandler began as a commercial paper brokerage and has developed into a publicly traded investment bank. It is headquartered in Minneapolis and has more than 1,850 employees across 60-plus offices, including locations in the United States, London, Aberdeen, Zurich, Munich, Hong Kong, and Abu Dhabi.

The firm advises companies and financial sponsors on mergers and acquisitions, equity and debt capital markets, private placements, private capital, restructuring, public finance, and related corporate services. It also operates institutional equities, fixed income, public finance, and asset-management businesses.

Piper Sandler is particularly strong in sector-focused investment banking and research, especially healthcare, financial services, services and industrials, technology, consumer, energy, and chemicals and materials. Its research platform has more than 60 senior analysts covering over 1,000 stocks, while healthcare was a major contributor to its 2025 equity-financing activity.