Piper Jaffray Completes Acquisition of Energy Investment Bank, Simmons & Company International
01 March 2016 - 1:00AM
Business Wire
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 JaffrayPiper 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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version on businesswire.com: http://www.businesswire.com/news/home/20160229005345/en/
Piper Jaffray CompaniesInvestor RelationsTom Smith,
612-303-6336thomas.g.smith@pjc.comorMedia RelationsPamela
Steensland, 612-303-8185pamela.k.steensland@pjc.com
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