Investment Shops Piper Jaffray and Sandler O’Nell + Partners to Merge
Two well known investment banks that frequently work with community banks in New England on M&A and capital raising are merging.
Two well known investment banks that frequently work with community banks in New England on M&A and capital raising are merging.
The common play for investors has long been to purchase shares in banks that are prime takeover candidates, hope they get sold and then collect a nice premium. But Sandler O’Neill, a firm that invests in banks in Massachusetts and nationwide, believes there’s a better approach.
Well-known in Massachusetts for its tremendous growth in recent years, Belmont Savings Bank is now being recognized as one of the best performing community banks in the country.