Piper Sandler to acquire Abu Dhabi-based MENA Growth Partners

MINNEAPOLIS - Piper Sandler Companies (NYSE:PIPR), a $5.9 billion market cap investment bank with robust financials and a healthy 1.77% dividend yield, announced it has entered into a definitive agreement to acquire MENA Growth Partners, an Abu Dhabi-based merchant bank that will serve as its strategic investment banking hub in the Gulf Cooperation Council (GCC) region. According to InvestingPro data, the company maintains strong liquidity with a current ratio of 2.52, supporting its expansion capabilities.

The transaction is expected to close in the first quarter of 2026, subject to customary closing conditions, according to a press release statement. The expansion comes as Piper Sandler demonstrates solid financial performance, with revenue growth of 10.68% in the last twelve months. InvestingPro analysis reveals 8 additional key insights about the company’s performance and valuation, available to subscribers.

Eric Wilson, founder of MENA Growth Partners, and his team will act as consultants to Piper Sandler, leveraging their 40+ years of experience in the Middle East. Nabeel Siddiqui, currently a managing director in Piper Sandler’s London office, will relocate to Abu Dhabi post-closing to lead the firm’s investment banking operations in the region.

"Piper Sandler has a strong track record of building relationships and completing transactions in the Middle East," said James Baker, global co-head of investment banking and capital markets at Piper Sandler.

The acquisition aims to connect Piper Sandler’s expertise in energy, infrastructure, chemicals, healthcare, technology, equity capital markets, and private capital advisory with clients in a region that manages nearly 40% of the world’s sovereign wealth assets.

For the transaction, Piper Sandler was advised by Al Tamimi & Company, while MENA Growth Partners was advised by Charles Russell Speechlys and TMF Group.

Piper Sandler, founded in 1895 and headquartered in Minneapolis, maintains offices across the United States and in several international locations including London, Aberdeen, Zurich, Munich, and Hong Kong. Trading at a P/E ratio of 28.04, the company’s expansion strategy reflects its strong market position. For detailed analysis and comprehensive insights, investors can access the full Pro Research Report on InvestingPro, which provides in-depth coverage of Piper Sandler’s financial health, growth prospects, and market position.

In other recent news, Piper Sandler Companies reported robust financial results for the second quarter of 2025. The company achieved adjusted net revenues of $405 million, representing a 14% increase compared to the previous year. Additionally, Piper Sandler reported an adjusted earnings per share (EPS) of $2.95. These results indicate strong performance and growth for the company. Piper Sandler has also set optimistic forward guidance, suggesting continued expansion across various industry sectors. The company’s financial health and future prospects have been positively received by the market.

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