Piper Jaffray acquired Weeden & Co.

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.