Piper Sandler Energy & Power Group

Piper Sandler Companies (NYSE: PIPR), a leading investment bank, is pleased to announce the addition of Andrew Cordia as a director on the energy & power investment banking team. “Andrew has over 10 years of strategic advisory and capital markets experience working with a broad range of energy companies and financial sponsors across the energy transition, midstream, refining & marketing and oilfield services subsectors,” said Sanjiv Shah, global co-head of energy & power investment banking at Piper Sandler. Prior to Piper Sandler, Cordia was a director within Barclays' energy transition investment banking group where he started his career as an analyst. “Piper Sandler has an incredible track record of delivering unique expertise, innovative solutions and trusted advisory services to clients within the energy and power space. I am thrilled to be joining this exceptional platform and look forward to collaborating with my new colleagues to provide differentiated strategic advisory and capital markets execution for clients,” said Cordia.

We are delighted to host an open evening for those who have a keen interest in finance or accounting to meet the corporate finance team of Piper Sandler. Use this unique opportunity to hear presentations from former student placements and network amongst senior team members and rising junior professionals. Refreshments will be provided, as well as an office tour to have a valuable insight to a leading Investment Bank. To register for this event please email Jadine.Morrison@psc.com by Monday 7th October 2024.

Thank you again to all the executives and board members who attend our M&A Summit yesterday hosted in partnership with David de Roode at Lockton. The event featured robust conversations around the below topics followed by a cocktail reception. A special shout out to Donnelley Financial Solutions (DFIN) who sponsored the beverage station. - Structuring considerations by Piper Sandler - Transaction due diligence lessons learned by Lockton - Avoiding/preparing for litigation by Quinn Emanuel - Net working capital targets/strategies by Riveron - Sources and uses of capital: debt and equity markets, private and public placements by Piper Sandler We look forward to being together with everyone at the next one.

Sportschallenge, the north-east’s premier sports-themed corporate fundraising dinner sponsored by Piper Sandler Ltd. has raised over £125,000 for local charities during its 10th anniversary event, eclipsing previous fundraising totals. The funds raised will be split between Maggie's Aberdeen and Children’s Aid (Scotland), Archway, Friends of the Neuro Ward, Aberdeen Lads Club and Archie’s Child Bereavement Service. Nick Dalgarno, a trustee of Sportschallenge and managing director at Piper Sandler, reflected on a decade of successful Sportschallenge events, which have raised more than £900,000 in total for close to 25 local third-sector organisations. He said “Sportschallenge’s 10th anniversary is a milestone in its own right, but we are thrilled to say that we have surpassed our previous fundraising totals, raising a monumental £125,000 for local worthy causes.” “Funds raised during the event will go towards six very deserving charities and we are honoured to be able to play a role in supporting them to provide their essential services, thanks to the generosity of our Sportschallenge attendees. While the event always makes for a fun evening, it was also a privilege to hear from people who have been directly supported by our beneficiaries, which acts as an excellent reminder of why these events are so important. Across the past decade, Sportschallenge has brought Aberdeen’s business community together under a common goal, to create real, lasting change for the people of the North-east, and we look forward to many more successful events to come.” Preparations will soon be underway for the 11th Sportschallenge event, set to be held at P&J Live in September 2025. Sportschallenge Aberdeen Emma Anderson

Earlier this week members of the Piper Sandler Energy & Power team, Sanjiv Shah, global-co-head of energy & power investment banking, Victoria Beard, director of marketing and business development and Eliza Henderson, associate, joined industry leaders at the Global Fracking: Key to Energy Security & Transition? Conference hosted at UNC Kenan-Flagler Business School Energy Center. The two-day event featured interactive panels, fruitful conversations, and networking.  

Aquatic Engineering & Construction Limited ("Aquatic"), a wholly owned subsidiary of Acteon Group ("Acteon"), has been acquired by Motive Offshore ("Motive").   Piper Sandler Ltd. served as the exclusive corporate financial advisor to Acteon and its shareholders.

Piper Sandler is excited to announce the hiring of David Hunker as managing director and global head of activist defense and shareholder engagement within its investment banking platform. Hunker brings 18 years of experience in investment banking and shareholder activism defense to Piper Sandler. “We are thrilled to welcome David to the firm. He has a proven track record of building shareholder activism defense practices throughout his career, and we are confident he will be a huge asset to our clients. The increasing importance of shareholder activism preparation and defense has never been greater. David has advised on some of the highest profile activist campaigns around the world and we look forward to him continuing this critical work at Piper Sandler,” said James Baker, global co-head of investment banking and capital markets at Piper Sandler. “I am excited to be joining Piper Sandler and partnering with its talented investment banking teams to bring real-world, experienced advice to clients regarding shareholder activism. Piper Sandler’s reputation as a trusted and respected advisor, and their commitment to partnership, were key to my decision join the team. Now more than ever, clients need trusted advisors to guide them through challenging activism situations and Piper Sandler will do just that,” said Hunker. Prior to joining Piper Sandler, Hunker was head of shareholder activism defense at Ernst & Young Capital Advisors where he focused on advising public and pre-IPO companies on activism preparation and response strategies. Prior to that, he spent 15 years at J.P. Morgan Securities in New York and London. David founded and led their global shareholder activism defense practice for nearly a decade. He began his career at J.P. Morgan Securities in their mergers & acquisitions group, executing transactions across all major client sectors in the Americas, Europe and emerging markets in the Middle East, Asia, Africa and Russia. Hunker graduated with a bachelor’s degree from the University of Oregon and received his Master of Business Administration degree from McCombs School of Business at The University of Texas at Austin.

DATAGRATION - Connecting Data | Powering Decisions Solutions, Inc. ("Datagration"), a portfolio company of Quantum Capital Group and EIV Capital, LLC, has been acquired by Weatherford International plc (NASDAQ: WFRD) ("Weatherford").   Piper Sandler & Co. served as exclusive financial advisor to Datagration.

SCF Partners, Inc. (“SCF”) has acquired DeltaValve, LLC and TapcoEnpro, LLC from CIRCOR International, Inc. (“CIRCOR”). DeltaValve and TapcoEnpro are long-standing, trusted brands, founded in 1982 and 1946 respectively, and are industry leading manufacturers of highly engineered, severe-service industrial valves supporting global energy infrastructure. Headquartered in Salt Lake City, Utah, DeltaValve provides differentiated patented solutions for delayed coking units used in critical energy infrastructure. With its primary location in Houston, Texas, TapcoEnpro is a trusted manufacturer of high-quality severe-service valves and control systems. Their products are used in more than 50 countries to enhance automation and employee safety, reduce equipment failures, improve process reliability and efficiency.   Piper Sandler & Co. served as the exclusive financial advisor to CIRCOR in connection with the transaction.   "This transaction marks a significant milestone for CIRCOR as we continue to refine our strategic focus and further our commitment to advancing our core businesses and delivering value to our customers. DeltaValve and TapcoEnpro have delivered exceptional value through innovation and engineering excellence as part of our portfolio, and we are confident that SCF will provide the resources and expertise needed to help drive their future success.”  – Tony Najjar, President and CEO, CIRCOR   “We are thrilled to partner with DeltaValve and TapcoEnpro, brands with fantastic reputations in the refining and petrochemical sectors. For decades, these companies have set the standard for delivering specialized products and services that make critical infrastructure operations safer and more efficient. Aging energy infrastructure only increases the need for these critical solutions. Together with the leadership team, we look forward to driving continued success and uncovering new opportunities for growth and diversification.” – Garrett Jackson, Director, SCF Partners

Thank you again to Daniel Energy Partners / John Daniel for hosting the 2nd Annual Executive Series last week at the Inn at Spanish Bay. Piper Sandler was honored to be one of the sponsors as the event was informative and best-in-class.  In connection with the conference, we hosted over 45 executives for a CEO dinner at Grasing's in Carmel, in partnership with David de Roode at Lockton. The evening included networking, a great meal and plenty of laughter.  Looking forward to seeing everyone next year!