Piper Sandler Companies is a global investment banking and institutional securities firm that serves corporations, private equity groups, public entities, nonprofits, and institutional investors through a range of advisory and execution services. The company operates three main business lines: investment banking (mergers and acquisitions, equity and debt financings, and private placements for middle-market clients; and public finance advisory for municipal and governmental entities), institutional brokerage in equities and fixed income (including research coverage and customized portfolio solutions), and alternative asset management funds focused on merchant banking and healthcare. The firm generates revenue through advisory fees, transaction commissions, and management of both its own capital and outside investor capital, competing in an intensely competitive landscape where it differentiates through sector expertise in healthcare, financial services, energy, consumer, and technology, supplemented by a global network of offices and dedicated institutional client relationships.