Piper Sandler Companies (NYSE: PIPR) announced today that it has entered into a definitive agreement to acquire MENA Growth Partners, a merchant bank headquartered in Abu Dhabi. The deal will establish Piper Sandler’s strategic investment‑banking hub in the GCC region, leveraging MENA Growth Partners’ 40‑plus years of local relationships and sector expertise in energy, infrastructure, chemicals, healthcare, technology, equity capital markets and private capital advisory.
MENA Growth Partners will serve as a consultant to Piper Sandler, with founder Eric Wilson and his team providing advisory support. The acquisition is designed to connect Piper Sandler’s deep domain expertise with clients across the Middle East, including sovereign wealth funds, family offices and strategic partners, thereby expanding the firm’s reach in a market that manages nearly 40% of global sovereign wealth assets.
The transaction is expected to close in the first quarter of 2026 and is subject to customary closing conditions. Nabeel Siddiqui, a managing director in Piper Sandler’s London office, will relocate to the new Abu Dhabi office post‑closing to lead the firm’s investment banking operations in the region while maintaining his European responsibilities.
By adding a dedicated presence in the GCC, Piper Sandler gains direct access to a high‑growth market and a pipeline of large‑scale infrastructure and energy deals. The move positions the firm to capture a larger share of Middle‑East capital‑raising activity and strengthens its competitive stance against global banks that are already active in the region.
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