Piper Sandler Companies (NYSE: PIPR), a leading investment bank, announced today that it has entered into a definitive agreement to acquire MENA Growth Partners, a merchant bank based in Abu Dhabi that will serve as its strategic investment banking hub in the GCC region.
Eric Wilson, founder of MENA Growth Partners, and his team will act as consultants to Piper Sandler. The firm will draw upon the relationships they have built over their 40+ years of experience dedicated to facilitating the growth of innovative companies in the Middle East. MENA Growth Partners’ regional relationships will further connect Piper Sandler’s deep domain expertise in energy, infrastructure, chemicals, healthcare, technology, equity capital markets and private capital advisory with clients in the region.
“Piper Sandler has a strong track record of building relationships and completing transactions in the Middle East,” said James Baker, global co-head of investment banking and capital markets, “We are excited to expand our presence through this new partnership and strategic office location.”
“With nearly 40% of the world’s sovereign wealth assets managed from the GCC region and two-thirds of the global population located within an eight-hour flight, this part of the world is positioned to continue to flourish,” said Eric Wilson. “After building long-term relationships in the region since 1983, I am proud to play a role in bringing Piper Sandler to one of the most exciting markets across the globe.”
Nabeel Siddiqui, currently a managing director in the Piper Sandler London office, will relocate to the Abu Dhabi office post-closing to lead Piper Sandler’s investment banking in the region in addition to maintaining responsibilities over his existing European business.
The transaction is expected to close in the first quarter of 2026 and is subject to customary closing conditions.
Piper Sandler was advised by the law firm of Al Tamimi & Company and MENA Growth Partners was advised by the law firm of Charles Russell Speechlys and the advisory firm TMF Group, in connection with the transaction.
