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Piper Sandler Completes Acquisition of MENA Growth Partners

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Piper Sandler Companies (NYSE:PIPR), a leading investment bank, today announced that it has completed the acquisition of MENA Growth Partners, a merchant bank based in Abu Dhabi that will serve as its strategic

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AI Summary

Piper Sandler has completed the acquisition of MENA Growth Partners, enhancing its investment banking presence in the GCC region. The move establishes a strategic hub in Abu Dhabi, facilitating client engagement across key sectors like energy and technology, potentially driving growth and increasing revenue streams.

Sentiment Rationale

Acquisitions typically drive stock price increases by expanding market reach and revenue sources. Historical examples show similar transactions have resulted in enhanced valuations for investment banks.

Trading Thesis

Invest in PIPR for long-term growth, driven by expanded GCC operations.

Market-Moving

  • Acquisition expected to enhance Piper Sandler's revenue potential in the GCC.
  • New hub could attract significant regional clients in key sectors.
  • Leadership changes may bolster operational effectiveness and regional expertise.

Key Facts

  • Piper Sandler acquired MENA Growth Partners for GCC market expansion.
  • New Abu Dhabi hub to enhance investment banking services.
  • Nabeel Siddiqui leading regional operations from Abu Dhabi.
  • Strategic focus on energy, healthcare, and technology sectors.
  • Partnership enhances regional market access and expertise.

Companies Mentioned

  • MENA Growth Partners (N/A): Acquisition provides Piper Sandler with regional banking capabilities.

Corporate Developments

This analysis falls under 'Corporate Developments' due to Piper Sandler's strategic acquisition enhancing its market position. The establishment of a hub in Abu Dhabi signifies a robust growth strategy focused on the MENA region.

Piper Sandler Companies (NYSE:PIPR), a leading investment bank, today announced that it has completed the acquisition of MENA Growth Partners, a merchant bank based in Abu Dhabi that will serve as its strategic investment banking hub in the GCC region.

Nabeel Siddiqui, currently a managing director in the Piper Sandler London office, will relocate to the Abu Dhabi office to lead Piper Sandler's investment banking in the region in addition to maintaining responsibilities over his existing European business. MENA Growth Partners' regional relationships will further connect Piper Sandler's deep domain expertise in energy, infrastructure, chemicals, healthcare, technology, equity capital markets and private capital advisory with clients in the region.

Piper Sandler was advised by the law firm of Al Tamimi & Company and MENA Growth Partners was advised by the law firm of Charles Russell Speechlys and the advisory firm TMF Group, in connection with the transaction.

ABOUT PIPER SANDLER

Piper Sandler Companies (NYSE:PIPR) is a leading investment bank driven to help clients Realize the Power of Partnership®. Securities brokerage and investment banking services are offered in the U.S. through Piper Sandler & Co., member SIPC and NYSE; in the U.K. through Piper Sandler Ltd., authorized and regulated by the U.K. Financial Conduct Authority; in the EU through Aviditi Capital Advisors Europe GmbH, a tied agent of AHP Capital Management GmbH, authorized and regulated by BaFin; in the Abu Dhabi Global Market through Piper Sandler MENA Ltd., authorized and regulated by the ADGM Financial Services Regulatory Authority; and in Hong Kong through Piper Sandler Hong Kong Ltd., authorized and regulated by the Securities and Futures Commission. Alternative asset management and fixed income advisory services are offered through separately registered advisory affiliates.

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©2026. Since 1895. Piper Sandler Companies. 350 North 5th Street, Minneapolis, Minnesota 55401

Nick Lawler

Tel: 212 891-8954

nick.lawler@psc.com

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