MINNEAPOLIS
--(BUSINESS WIRE)--Feb. 29, 2016--
Piper
Jaffray Companies
(NYSE: PJC), a leading investment bank and asset
management firm, announced today it has completed its purchase of
Simmons
& Company International
(“Simmons”), a premier international
investment bank specializing in the energy industry. With offices in
Houston
, Aberdeen, and
London
, the group offers M&A advisory, capital
markets and equity research. The division will operate as
Simmons &
Company International
|
Energy Specialists
of
Piper Jaffray
.
“Our partnership with Simmons represents a significant step forward in
expanding the firm’s sector coverage,” said
Andrew
Duff
, chairman and CEO of
Piper Jaffray
. “The Simmons team is
comprised of highly regarded leaders in the energy industry, and we look
forward to combining forces to better serve our clients.”
Former chairman, president and CEO of Simmons,
Michael
Frazier
has joined the
Piper Jaffray
board of directors. He has been
with
Simmons & Company International
for over 20 years. In 2002 and
2005, he was appointed president and CEO respectively and in 2009
appointed chairman.
© 2016
Piper Jaffray Companies
, 800 Nicollet Mall, Suite 1000,
Minneapolis, Minnesota
55402-7036
Simmons & Company International® |
Energy Specialists
of Piper Jaffray®
is a brand name used by certain broker/dealer affiliates of
Piper
Jaffray Companies
.
About
Piper Jaffray
Piper Jaffray Companies
(NYSE: PJC) is a
leading investment bank and asset management firm. Securities brokerage
and investment banking services are offered in the U.S. through
Piper
Jaffray & Co.
, member
SIPC
and FINRA; in
Europe
through two separate
U.K.
-based broker/dealers―Piper Jaffray Ltd., authorized and regulated
by the
Financial Conduct Authority
and
Simmons & Company International
Limited
, authorized and regulated by the
Financial Conduct Authority
and
the
Dubai Financial Services Authority
as a representative office; and
in
Hong Kong
through
Piper Jaffray Hong Kong Limited
, registered with
the
Securities and Futures Commission
. Asset management products and
services are offered through four separate investment advisory
affiliates―three registered with the
U.S. Securities and Exchange
Commission
(
Advisory Research, Inc.
,
Piper Jaffray Investment Management
LLC
, and
PJC Capital Partners LLC
) and one international asset
management firm registered with the
Guernsey Financial Services
Commission
(
Parallel General Partner Limited
).
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View source version on businesswire.com:
http://www.businesswire.com/news/home/20160229005345/en/
Source:
Piper Jaffray Companies
Piper Jaffray Companies
Investor Relations
Tom
Smith, 612-303-6336
thomas.g.smith@pjc.com
or
Media
Relations
Pamela Steensland, 612-303-8185
pamela.k.steensland@pjc.com
