MINNEAPOLIS
--(BUSINESS WIRE)--Jan. 28, 2020--
Piper Sandler Companies
(NYSE: PIPR), a leading investment bank and institutional securities firm, has named
Matt Sznewajs
and
John Tye
as co-heads of diversified industrials and services (DIS) investment banking.
Mike Dillahunt
and
Ted Garner
, current co-heads of the DIS group, have been appointed vice chairmen of investment banking. Garner will serve as chairman of DIS investment banking and continue to provide oversight to the group. Dillahunt will serve as chairman of M&A and private equity coverage for the firm.
These promotions reflect the firm’s commitment to invest in the next class of leaders and strategically grow our advisory business in key sectors. “Matt and John are each well respected, creative bankers with proven track records. They have played a large role in the growth of the DIS group over the past several years. We look forward to their leadership and teamwork as we continue to build upon and expand the DIS franchise,” said
Scott LaRue
, global co-head of investment banking and capital markets at
Piper Sandler
.
Sznewajs, who joined
Piper Sandler
in 2002, is currently a managing director focused within the DIS team. He has completed numerous M&A and capital markets transactions for a mix of private equity and public clients. Prior to joining the firm, Sznewajs worked at
Ernst & Young LLC
and
Nomura Securities
. He earned a Master of Business Administration degree from
Northwestern University
and graduated with a bachelor’s degree from
Indiana University
.
Tye, who joined
Piper Sandler
in 2013, has nearly 20 years of M&A experience with numerous clients across a variety of transactions. Prior to joining
Piper Sandler
, Tye was with
Edgeview Partners
for 10 years, where he founded its business and industrial services practice. He also previously worked in the mergers and acquisitions group at
Morgan Stanley
, and as a consultant at
Andersen Consulting
(now
Accenture
).
Under Dillahunt and Garner’s leadership, the DIS investment banking team has increased its sector coverage and dramatically grown its private equity advisory business. The DIS team has expanded to more than 50 bankers today, and increased revenue by nearly 400% since 2013.
“Ted and Mike have built a team and a practice with incredible momentum. We are excited for them to continue to help us grow the DIS franchise and our broader advisory business,” added
Chad Abraham
, chairman and chief executive officer of
Piper Sandler
.
ABOUT
PIPER SANDLER
Piper Sandler Companies
(NYSE: PIPR) is a leading investment bank and institutional securities firm 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
Europe
through
Piper Sandler Ltd.
, authorized and regulated by the
U.K. Financial Conduct Authority
; and in
Hong Kong
through
Piper Sandler Hong Kong Limited
, authorized and regulated by the
Securities and Futures Commission
.
Asset management
products and services are offered through separate investment advisory affiliates.
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©2020. Since 1895.
Piper Sandler Companies
. 800 Nicollet Mall,
Minneapolis, Minnesota
55402-7036
View source version on businesswire.com:
https://www.businesswire.com/news/home/20200128005739/en/
Source:
Piper Sandler Companies
Pamela Steensland
Tel: 612 303-8185
pamela.steensland@psc.com
