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On the Record · Piper Sandler Companies

Piper Sandler Companies acquisitions, on the record

The businesses Piper Sandler Companies bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
DBO Partners Holding LLC, including its subsidiary, DBO Partners LLC
Word for word“On October 7, 2022, we completed the acquisition of DBO Partners Holding LLC, including its subsidiary, DBO Partners LLC (collectively, "DBO Partners"), a technology investment banking firm.” 10-K for 2023
acquisitionOctober 7, 2022—
Stamford Partners LLP
Word for word“On June 10, 2022, we completed the acquisition of Stamford Partners LLP ("Stamford Partners"), a specialist investment bank offering mergers and acquisitions advisory services to European food and beverage and related consumer sectors.” 10-K for 2023
acquisitionJune 10, 2022—
Cornerstone Macro Research LP, including its subsidiary, Cornerstone Macro LLC
Word for word“On February 4, 2022, we completed the acquisition of Cornerstone Macro Research LP, including its subsidiary, Cornerstone Macro LLC (collectively, "Cornerstone Macro"), a research firm focused on providing macro research and equity derivatives trading to institutional investors.” 10-K for 2023
acquisitionFebruary 4, 2022—
Aviditi Capital Advisors, LLC ("Aviditi Advisors")
Word for word“The economic value on the acquisition date was $ 70 million, which consisted of cash consideration, equity consideration, contingent consideration and contingently returnable consideration, as well as various compensation obligations, as described below.” 10-K for 2024
acquisition—$ 70 million
DBO Partners Holding LLC, including its subsidiary DBO Partners LLC ("DBO Partners")
Word for word“The purchase price of $ 66.3 million consisted of cash consideration of $ 64.6 million and contingent consideration of $ 1.7 million, as detailed in the net assets acquired table below.” 10-K for 2024
acquisition—$ 66.3 million
G Squared Capital Partners LLC
Word for word“On September 12, 2025, we completed the acquisition of G Squared Capital Partners LLC ("G Squared"), a boutique investment bank specializing in government services and defense technology.” 10-K for 2025
acquisitionSeptember 12, 2025—
Aviditi Capital Advisors, LLC
Word for word“On August 23, 2024, we completed the acquisition of Aviditi Capital Advisors, LLC ("Aviditi Advisors"), an alternative investment bank providing full lifecycle services to financial sponsors, global alternative investment managers and limited partner investors.” 10-K for 2025
acquisitionAugust 23, 2024—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Cash received from selling businessesGoodwill from acquisitions
2016-12-31$72.7 million$0$61.1 million
2017-12-31$0$0—
2018-12-31$0$0$0
2019-12-31$19.7 million$52.9 million$5.8 million
2020-12-31$417.4 million$0$139.9 million
2021-12-31$0$0$0
2022-12-31$96.5 million—$73.6 million
2023-12-31$0—$0
2024-12-31$16.3 million—$10.3 million
2025-12-31$9 million—$7.2 million

Deal filings since 2016

Read from Piper Sandler Companies’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-26. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.