Piper Sandler in Talks to Acquire Perella Weinberg Partners

Key Facts

1Piper Sandler Cos. is reportedly in talks to acquire Perella Weinberg Partners, with a deal potentially finalized in the coming weeks.

2Perella Weinberg shares surged over 16% following the news of the potential merger.

Piper Sandler Cos. is reportedly in talks to acquire Perella Weinberg Partners, with a deal potentially finalized in the coming weeks. Briefs Finance reported that the merger aims to consolidate the firms' M&A advisory businesses to strengthen their market position. Shares of Perella Weinberg surged over 16% following the news of the potential acquisition.

PWP closed at $16.37 on September 29, 2026, after reaching a session high of $17.28. Meanwhile, PIPR closed at $64.72 on September 29, 2026, with the acquiring firm's stock finishing near its daily low of $64.71.