Investment Profile

Piper Jaffray Merchant Banking

 

Our investment strategy is to identify attractive investments in the industry verticals where Piper Jaffray has domain expertise. Consistent with our approach, the criteria we use when we evaluate an investment typically include the following:

Investment Criteria
Size of investment:$5-$15 million
Stage of investment:Commercial-stage
Industries:Healthcare, technology, consumer, financial technology & payments, business services, energy, diversified industrials & services and agriculture, clean technology & renewables
Geography:Primarily North America
Target revenue:≥ $10 million
Board representation:Required for most investments
Typical holding period:Situations that are likely to generate a liquidity opportunity in less than five years from the time of investment.
Type of transaction:Focused on investments in equity and equity-linked securities that finance company growth. We also invest in recapitalizations, secondary stock purchases and change of control transactions, which meet our hurdles for growth potential and investor return.