Post acquisition, the integrated company will boost Piper Jaffray’s M&A position in the middle market and adds significant resources dedicated to the private equity community.
Piper Jaffray chairman and CEO Andrew Duff said that Edgeview’s client-centric culture, middle-market advisory capabilities and financial sponsors focus is aligned with its business and the transaction is a key step towards growth strategy.
Formed in 2001 and based in Charlotte, North Carolina, Edgeview Partners offers merger and acquisition advisory services to middle-market clients and private equity firms across a broad range of industries.
Edgeview Partners partner Ted Garner commented, "Our clients will benefit from expanded product capabilities, deeper sector expertise and broadened international reach while our employees will realize outstanding career opportunities."
Pending receipt of concerned regulatory approvals and satisfying customary closing conditions, the transaction is expected to complete during the third quarter of 2013.
Established in 1895 and headquartered in Minneapolis, Piper Jaffray manages offices across the US and in London, Zurich and Hong Kong.
