Announced
Completed
Financials
Tags
Completed
United States
Diversified Financials
Friendly
Acquisition
Single Bidder
brokerage services
Private
Synopsis
Piper Jaffray, a leading investment bank and institutional equities firm, acquired Weeden & Co, a broker-dealer focused on providing institutional clients with premier global trading solution. Financial terms were not disclosed. “Together, we will be able to offer our combined client set the full breadth of an expanded product suite including Weeden & Co.’s highly ranked agency execution platform coupled with Piper Jaffray’s industry-leading deep sector research making our offering far more robust and relevant,” said Deb Schoneman, president of Piper Jaffray.
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