MINNEAPOLIS--(BUSINESS WIRE)--Apr. 3, 2020-- Â鶹´«Ã½ (NYSE: PIPR), a leading investment bank and institutional securities firm, today announced it has completed its acquisition of The Valence Group, a premier international investment bank specializing in the chemicals, materials and related sectors. The Valence Group will operate as Â鶹´«Ã½â€™s new chemicals & materials group, adding yet another industry-leading advisory practice to the Â鶹´«Ã½ platform. In addition, Peter Hall, one of the founders of The Valence Group, will now lead Â鶹´«Ã½â€™s expansion of investment banking in Europe.
Â鶹´«Ã½ was advised by its wholly owned subsidiary, Â鶹´«Ã½ & Co., and was represented by Sullivan & Cromwell LLP. Houlihan Lokey served as financial advisor and Dentons as legal advisor to The Valence Group in connection with the transaction.
About Â鶹´«Ã½
Â鶹´«Ã½ is a leading investment bank and institutional securities firm driven to help clients Realize the Power of Partnership®. Through a distinct combination of candid counsel, focused expertise and empowered employees, we deliver insight and impact to each and every relationship. Our proven advisory teams combine deep product and sector expertise with ready access to global capital. Founded in 1895, the firm is headquartered in Minneapolis with offices across the United States and in London, Aberdeen and Hong Kong.
Â鶹´«Ã½ (NYSE: PIPR) is a leading investment bank and institutional securities firm driven to help clients Realize the Power of Partnership®. The Valence Group was acquired by Â鶹´«Ã½ and is a brand name used by the chemicals & materials group of the Â鶹´«Ã½ investment banking division. Securities brokerage and investment banking services are offered in the U.S. through Â鶹´«Ã½ & Co., member SIPC and NYSE; in Europe through Â鶹´«Ã½ Ltd., authorized and regulated by the U.K. Financial Conduct Authority; and in Hong Kong through Â鶹´«Ã½ Hong Kong Limited, authorized and regulated by the Securities and Futures Commission. products and services are offered through separate investment advisory affiliates.
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Tim Carter
Chief Financial Officer
Tel: 612 303-5607
timothy.carter@psc.com
Source: Â鶹´«Ã½
