Piper Jaffray Companies, a US-based investment bank and asset management firm, has agreed to buy Edgeview Partners, an advisory firm specializing in mergers and acquisitions.
Founded in 2001 and based in Charlotte, North Carolina, Edgeview Partners provides merger and acquisition advisory services to middle-market clients and private equity firms.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Terms of the deal, expected to close in the third quarter, weren’t disclosed.
Piper Jaffray said that the deal will strengthen its position in middle-market mergers and acquisitions and provide a complementary investment banking business. The transaction also gives Piper Jaffray more resources dedicated to private equity firms.
Andrew Duff, chairman and CEO of Piper Jaffray, said: "Edgeview’s client-centric culture, middle-market advisory capabilities and financial sponsors focus is well-aligned with our business. Expanding our M&A practice represents a key step forward in executing the firm’s growth strategy."
This is the second acquisition in two months for Piper Jaffray, which in April said it reached a roughly US$21 million deal for Seattle-Northwest Securities.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
